Thanks Horse and Hound, NOT!!

Divadream it's a business in that we submit accounts and pay tax, but a hobby in that we subsidise it.
As successful business people in other fields it goes against the grain to run one that doesn't make substantial profits or at least cover your costs.
What else would I spend my money on, exotic holidays? !!!
 
DivaDream said:
If you're a hobby breeder and not a 'business', then perhaps it is time to scale your 'hobby operation' down. Just a thought OP.
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I think that the OP is a very well respected and reputable breeder and producer, so not quite your average 'hobby breeder'. The horse world needs dedicated breeders/producers like this to improve the horse market so please don't scale down Henry!

It is probably the proliferation of much lesser 'hobby' breeders who lease or own one stallion and use any broodmares they can lay hands on regardless of temperament/confirmation/suitability/competition record to produce countless foals which will likely flood the market in time with lower grade hacks and make those who know no better believe that the market is at rock bottom.
Anything of quality whether it be equine, antique, car etc will hold a certain value whilst prices may otherwise tumble.
 
jsr You are probably right, people will pay fair prices for a good horse, it just annoyed me at the time reading the article.
My reputation for selling homebred lovely horses will of course outweigh that article, and I'm currently updating my facebook Narramore Stud page with vids of our horses.
The proof is in what the buyers say really after they get their horse home and enjoy it; we sell very few anyway probably two or three a year at most, so by the time we have one for sale that article will be chip paper...!
 
There's a saying "a recession never closed a good resturant" and following the theme of quality first - some people will always be prepared to cough up for some thing they fancy be it a great meal or a good horse.

However; when the news is full of doom and gloom ( though godknows why - Britain's GDP will still be £700billions this year!) and many folk have over stretched themselves in this particular market - it is undoubtedly newsworthy for the Number One periodical to run a feature of lowering prices.

Writing as someone who went through two massive recessions in the construction industry - who still managed to bring in sales at a profit - I'll say, it can be done but you just have to work harder!
 
Unfortually the prices are for everyone not just breeders breeding rubbish
Unfortually I have a well breed and good confo 2 yr friesian
Which a couple of years ago would of got over 2000 for
Today's prices I've been offered are 1500.00
 
there is oversupply. the cost of breeding the foal,raising it,training it,is irrelevant. If the buyers wont pay the costs involved then the breeders and producers need to reasses their plans and move into another field of work, if necessary. Hobby breeders can subsidise their hobby if they wish too. Some years ago a viewed a horse at £5,000. the breeder ,quite rightly said it had cost that to breed the horse and have it backed and schooled to 5 years old as it was then. I wasnt prepared to pay that. Not my fault the breeder had shelled out so much.
 
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