New Kentucky stallions

And so another cycle opens, bringing all the usual dilemmas. To assist their resolution--albeit the exercise seldom fails to entail a degree of provocation, sometimes even offense--today we commence our annual quest for value among Kentucky stallions. This time round, value feels likely to prove quite elusive. With the middle market increasingly porous, stud fees overall are at a challenging level. If they were driven up by a long bull run in international bloodstock, that appears to be tapering away and there's evidently going to be quite a lag before...