Hi Richard
I breed on a casual basis for the APG sales and also buy yearlings at the sales but I wont give up my day job based on my performance in both areas. I don't think I would breed Western Terror progeny because I don't think he has done a lot in Australia and similar for McArdle. i.e the best horses they have were bred in NZ. I put a reserve on my yearlings and the aim is to cover costs and anything over that is a bonus.
I would be looking at Art Major next time around for breeding-1. because he pulls good prices and 2-he crosses well with my mares. American Ideal would also be looked at.
Mark Purdon has clients with a lot more money than most, so he can afford to pick the best-I cant recall the last time he bought a horse for $10000 hether it be sportswriter or Art Major-but no doubt someone will scour the records and find one. If Sportswriter fails at Perth (unlikely) then I doubt he would get over 50/60 next year. I am not convinced about the quality of mares at Sydney v Melbourne argument. Melbourne mares were probably slightly better.
Most stallions are unproven in Australia so you rely on their USA record. Some experienced breeders are surprised at the low prices achieved for some of the new Stallions who were champions in the USA. If we all went for BD, AM etc where would that leave us? I like to take a risk with a stallion new to the shores as no doubt others do but at some stage you have to get the money up for the right stallion for your mare and if it is Art Major @$13000 then so be it.
This is why I like the doublewestbred system in WA, a Bettors delight/Art Major horse cannot win the bonuses so a breeder/owner can make money back that way if the horse wins or places. It also cuts out people buying good 2 yo and 3yo horses from NZ and coming over trying to win easy money. This is where the 2nd tier stallions who reside in WA come into their own. It is a proven system and well supported, it would not do Mark (post 71) any good though. The Westbred system is also very good. I believe these systems are being closely looked at by those who make major decisions in the industry to help solve some of the problems we have.
And yes Kev, I did listen closely to David James and he was probably alluding to similar type programs/incentives as I have stated in my previous paragraph although I hope the administrators go a bit further than what David James suggested. He also promoted Western Terror no end, so maybe I am wrong on that stallion.