Astar Thoroughbreds
  • Home
  • Handicapping
  • Owner Education
  • Breeding
  • Blog
  • News
  • About Us

Why Are Purses Going Up in Minnesota?

2/26/2018

0 Comments

 
Picture
The best way to answer this asked question is to simply show recent year charts. They may surprise a few folks considering local propaganda. The 2017 available purses and Minnesota Bred horse average earnings were the lowest they have been in the last 4 years....and that's why purses are finally going up, and one key reason breeding has gone down. "Facts are Stubborn Things", and conditions should be better in 2018. 
0 Comments

Sire Lists

2/24/2018

0 Comments

 
Picture

A couple folks have asked where I get my stallion data lists. There are a few places where you can find information but the most up to date lists are on Bloodhorse. You can also sort the data on Bloodhorse in several different ways, so it's easy to access the listings by state or region. 

You'll see why I mentioned that Eye of the Leopard is really a nice addition to the Minnesota standing stallion roster. Early in the year, before racing starts in Minnesota, the listing just includes sires whose foals are capable of running elsewhere, and Eye of the Leopard with 15 runners, 2 winners and over $35K of earnings has more 2018 production than all the other Minnesota stallions combined.

Following is the actual direct link to Minnesota sires so if you save the link in your favorites you can easily update the listing anytime.

​Good luck to all with your breeding decisions.

​www.bloodhorse.com/horse-racing/thoroughbred-breeding/sire-lists/archive/2018/general/minnesota

0 Comments

Good News, and Some Bad.

2/22/2018

0 Comments

 
Picture
Yesterday the Jockey Club released the new 2018 state fact books. I’m sorry to say the updated data indicates exactly what I have been imploring Minnesota horse organizations to address for several years now. Key breeding indicators continued to show declines.

The good news however is that Minnesota horse organizations are starting to address the issues now. The Minnesota bred Maiden Special Weight purses are going up 6.4%, according to the new condition book. They have added restricted “Minnesota Made” races this year, and many of the Minnesota state bred stakes race purses are jumping up between 15 and 20%!

These recent announcements are appreciated, much needed, but also late in coming considering the condition of the Minnesota breeding environment. Since I know I’ll be asked a question, I expect average earnings per state bred horse to improve in 2018 by near 10%. That’s a wonderful thing since we may now expect to approach $15,000 in average annual state bred horse earnings.

With all of this said, the state fact book reflected a one-year Minnesota foal volume decline from 2015 to 2016, the most recent data available, of 11.8%.  Minnesota dropped to 217 foals in 2016, the lowest such number in the last 4 recorded years. The most recent estimation of mares bred (true breeding volume and a typical precursor to future foal numbers) in an earlier Jockey Club report indicated a one year 2016 to 2017 decline of nearly 50%. In 2017, only 66 mares were bred in Minnesota as of the last report, and Minnesota had experienced the worst percentage decline of any minimum 50 mares bred jurisdiction in North America, ranking 24th out of 24.

The state fact books also indicate that 2017 Minnesota state bred horse earnings dropped to the lowest level in the last four recorded years, of only $13,312 earned per Minnesota state bred starter. Minnesota also remained the lowest state bred average earning jurisdiction in the upper Midwest region.

Lastly, the 2018 factbook reflected a 2017 median Minnesota bred yearling sale price of $6,000, which essentially means state bred yearling sales values remained flat since the same median was attained in 2016 and 2014 respectively. Such sales results should of course be expected when average earnings per state bred were essentially flat however, that number should naturally rise considering the increase in MN bred races and purses.

So, there you have it. Things are looking up, which is the only way they should be looking when you are sitting at the bottom. As I said before, I am thankful that “competitive” changes are finally being made. And that’s the rest of the story my friends.
​
Note: The “Minnesota Made” language is a silly euphemism reflective of the fact that Minnesota horse folks have never come to grips with normal English language definitions associated with the difference between a foaled horse and a bred horse. Minnesota Thoroughbred language has always redefined foaling as breeding, though hilariously not in the Quarter horse language. Consequently, “Minnesota Made” means Minnesota horses that were actually bred in the state to Minnesota standing stallions.
​

0 Comments

Wow! When Was the Last Time a Calumet Farm Stallion Stood for Breeding in Minnesota? (Yes, that Calumet Farm!)

2/21/2018

0 Comments

 
Picture


Eye of the Leopard is moving from Calumet Farm in Kentucky to Minnesota and standing at Rick and Joyce Osborne's Osborne Farm in Cambridge.

This young sire was a Champion 3-year-old in Canada, winner of the 2009 Sovereign Award, winner of the Queens Plate, Graded Stakes placed with career earnings of $920,517.

His dam, Eye of the Sphynx, was a Sovereign Award Champion 3-Year-Old Filly and graded stakes winner. He is by Champion Sire A.P. Indy from the prolific and powerful A.P. Indy x Mr. Prospector Cross.

It's incredible that Minnesota breeders can now have local access to this superior and champion laden bloodline.

Congratulations to Rick and Joyce. They continue to do the right things to improve breeding quality and quantity right here in Minnesota! We wish them much success and hope that Minnesota breeders support this fine addition to the Minnesota stallion roster.




0 Comments
    Picture

    Dave Astar

    Dave Astar is a race horse owner, stallion owner, breeder, 40 year business executive, and 50 year handicapper.

    (Astar Thoroughbreds, LLC., astarthor.com)

    He first made a name for himself as an underwriter, which is a sanitized title for a professional gambler in the insurance business. He has successfully utilized predictive methods for assessing variation throughout his career.


    RSS Feed

    Archives

    April 2020
    March 2020
    February 2020
    October 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    January 2019
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    November 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    January 2015
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014

Proudly powered by Weebly
  • Home
  • Handicapping
  • Owner Education
  • Breeding
  • Blog
  • News
  • About Us