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keeping horses

  • 10-12-2008 12:38pm
    #1
    Closed Accounts Posts: 31


    hi just wondering if anyone rears foals for selling. is it possible to make money out of this for example buy a foal young and sell it later when grown??


Comments

  • Registered Users, Registered Users 2 Posts: 9,339 ✭✭✭convert


    It is possible, but it depends on what type of foal you buy, its breeding, pedigree, etc. and of course, how much you buy it for. You'd have to take a huge number of factors into consideration though, as in how much you're willing to spend buying the foal, how much it will cost you to keep it, and what you reckon you could get for it in the end. You could try research the prices of foals and yearlings/younstock from previous sales and look at what the margin was. It'd also be worthwhile to take the current economic climate into consideration, too!


  • Closed Accounts Posts: 7,401 ✭✭✭reilig


    We have minature ponies that we breed with. Bottom seems to have fallen out of the market this year though. No wealthy daddies and mammies buying foals for their kiddies because of the downturn


  • Registered Users, Registered Users 2 Posts: 76 ✭✭canon5571


    Hasnt been a great year for the horse breeder but if ya get the right foal, money can still be made. A lot of the "Hi-Viz" men have disappeared from the sale rings but there is still lots of buyers for the right foal.
    You have to breed a foal for the market demand, which varies throughout the breeds. In the past showjumping lines have always been a good seller, but it seems that eventing stock is gaining good prices now. You really have to do your homework.
    Native breeds like the Connemara pony have always fared well and again with the proper selection and the right budget you could have a nice little profit on your hands, nothing to retire on, but a little something.


  • Registered Users, Registered Users 2 Posts: 319 ✭✭cormywormy


    Hi, if I was you I would stay away from that kind of business. My father bought a foal by definite article and the way the market is gone with this cash crisis, he might not get what he paid for it. It will depend on the day. If he does not get what he wants for it will go into racing. As I say you might not get back the money you paid to feed the foal. You would have to pay 30000 up for a good foal with some pedigree and a brother or sister racing to bring the value of your foal up.No point in buying one for 2000 and trying to sell him for 3000

    Bye


  • Registered Users, Registered Users 2 Posts: 531 ✭✭✭mylittlepony


    It is possible if you have great knowledge of horse breeding, expert horsemanship skills, lots of money to throw away and can afford only the best foals in the market to sell on as yearlings.

    You dont say if you have experience with horses? Do you?
    if not, dont bother.
    Unless you want to learn, they are horse breeding courses in Kildare and Teagasc.
    I recommend it, done Teagasc Horse Breeding and managment course.
    I am a hobby horse breeder with my dad I do it cos I love horses but I should not breed horses cos Im no expert in this horsebreeding business.
    I am not breeding from my mare this year. Waiting to see how i get on with her offspring. After that its make or break.
    If I had done the course before I got my broodmare, I wouldnt bother breeding horses.
    Now I have three horses cos I just loved 'em as pets not money makers.

    Think about it very carefully if you still want to buy foals to sell on.
    Do you love horses or just want to make extra money?
    Passion or greed...


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