The UK, US and France hold the main auctions during the year as is shown by the table.
In addition to the costs of buying the horse you have to consider the other costs including horse transport, foreign exchange movements, keep, veterinary charges and insurance between sale.
You have to be confident of covering those costs before your make a profit.
Tattersalls is the best barometer of the market. They have seen Foal prices hold firm over the last few years with a 16% increase on the average last year on slightly lower sales volume.
The conclusion is that the demand for the correct foals is increasing making for a strong market for trading with the correct approach and expertise.
|Sire||Purchased at||%||Bought £’s||Sold £’s||Profit/(Loss)|
£’s on our share
|Charm Spirit||Keenland (USA)||12.5||£13,290||£15,500||(£926)|
|Gale Force Ten||Goffs (Ireland)||25||£6,140||£5,000||(£4,307)|
|Fountain of Youth||Tattersalls (UK)||25||£4,460||£12,500||£4,608|
|Capella Sansevaro||Goffs (Ireland)||25||£6,140||£6,250||(£1,515)|
|Bated Breath||Goffs (Ireland)||10||£10,745||£21,020||£7,915|
|Hallowed Crown||Goffs (Ireland)||15||£8,440||£6300||(£4,635)|
|Night of Thunder||Arqana (France)||25||£21,250||£30,190||£2,477|
|Kittens Joy||Keenland (USA)||25||£15,000||£73,500||£46,558|