What they're saying
Larry Stratton, bloodstock agent:
"On top of all the external factors, the Book 2 market has suffered because quite rightly the nice colts normally in this sale went into Book 1 this year. Despite the fact that its down, it's still not easy to buy a nice horse."
Ted Voute, Voute Sales Ltd:
"You are okay if you are reasonable with your expectations. We've all got to adjust to the market. There seems to be a lot of people who are getting back their stud fee and a bit of keep but not much more. So hopefully, the stallion masters will adjust their fees to the market. I would hate to see what the real market would be without the Maktoum expenditure - there seems to be very little buying on spec and the breeze up boys are being very careful."
Mark Dwyer, Oaks Farm Stud:
"It's tough for pinhookers and it will affect the markets ahead. Last week was the exception to the rule but most of the sales before this week were down 25 per cent and I expect the foal market to be down by about that figure as well. I think the top end will be as competitive as ever but the rest will suffer. No industry is immune to what is going on."
John Warren, Highclere Stud:
"Book 1 was the best group of physical specimens I'd seen all year at a sale and it was inevitable in Book 2 that there would not be the same number of decent individuals. But nice horses are still making good money although with the economic climate there are going to be some bargains here this week."
Paddy Twomey, Hawthorn Villa Stud:
"It's a selective market but the nice horses are still selling well. I expect it will be more of the same at the foal sales. I'll probably buy the same number as last year but hope to give less for them."
David Redvers, Tweenhills Farm and Stud:
"Considering everythingthat is going on around the world, I think that the market is remarkably strong for a nice horse. Although the figures are down, it is incredibly difficult to buy a nice horse. The foal sales will be tricky - there will probably be no trade on anything other than the best."