Andrew Caulfield writes in the Thoroughbred Daily News that to say it is going to be fascinating to see how the Thoroughbred industry responds to the spreading recession sounds a bit too gleeful, when experience has taught us that there are going to be casualties, both human and equine, as production is cut back. But experience has also taught us that the industry will be fitter and leaner, and consequently healthier, when the economy inevitably starts to rally.
The question is how best to survive until that happens - hopefully not too far into the future. Although it may be stating the obvious, breeders are going to have to ensure they obtain the best value for money or biggest bang for their buck, to use a more colorful expression.
One area worthy of consideration - especially for the owner/breeder - is whether the hot new stallion is as safe a bet as a less fashionable stallion with a proven track record. The stallions I am thinking of in the latter category are those which have reached veteran status (aged more than 20). Because of their age - and what could be termed the boredom factor - these stallions are rarely as busy as they were in their heyday, when they achieved so much that they earned a lifelong place in the industry.