National Cutting Horse Association (NCHA) and National Reining Horse Association futurity Open finalists and the mares that produced them. This time, the focus shifts to Reno, Nevada, and the National Reined Cow Horse Association (NRCHA) Snaffle Bit Futurity, where there were 25 Open finalists last year. Of those, eight were out of mares that, at some point in their lives, were offered through a major Western performance horse industry sale.In the last two issues of the QHN Insider, In the Money took a look at the
In the last issue of the QHN Insider, In the Money took a look at the National Cutting Horse Association Futurity finalists and the mares that produced them. This time, the focus shifts to Oklahoma City and the National Reining Horse Association (NRHA) Futurity, where there were 30 finalists in the Level 4 Open last year. Of those, three were out of mares that, at some point in their lives, were offered at public auction. Wimpys Rose, Malibu Whiz and RG Miss Starlight are all former sale horses and now dams of NRHA Futurity Level 4 Open finalists.
By now, you’ve probably already heard about Nyquist’s victory in the Kentucky Derby. Many of you probably watched the race and cheered as he raced across the finish line to become the first undefeated 2-year-old champion to win the Kentucky Derby since Seattle Slew did it in 1977, the year he took the Triple Crown. But what you might not know is that while Nyquist was a relatively expensive yearling, selling for $400,000, his dam sold twice for far less.
With nearly $500,000 on the line in the Level 4 Open finals at the National Reining Breeders Classic (NRBC), reiners brought their best 4-, 5- and 6-year-olds to compete in Katy, Texas, in April. Thirty horses qualified for the Level 4 Open finals, where it took a score of 231 to claim the Championship. Not Ruf At All and Jason Vanlandingham accomplished the feat for owner Vaughn Zimmerman, walking away with the winner’s check of $75,000. Ironically, that is the same amount that Zimmerman turned down for Not Ruf At All when he repurchased the stallion at the 2012 National Reining Horse Association (NRHA)/Markel Insurance Futurity Prospect Sale.
For many people, Friday, April 15, is important because it’s Tax Day. But for the connections of 60 elite horses, Tax Day is also the day the National Cutting Horse Association (NCHA) Super Stakes Open semifinalists will compete for a chance to advance to the finals.
When it comes to public horse auctions, the question, “How much is that horse worth?” is often answered with, “It’s worth as much as a buyer is willing to pay for it on that day.” Sometimes, there is a large gap between what a buyer is willing to pay and what a seller is willing to accept, and the horse is repurchased, or passed out. The seller takes the horse home to regroup and develop a new plan, which might include another sale in the future.
Traditionally, by the time a Western performance prospect is 3 years old, owners hold on to them at least long enough to see what they have in the show pen. Three-year-olds rarely go through public auctions; they represented just 5 percent of sale horses in 2015.
Sale 2-year-olds, whether started under saddle or not, have the potential to give buyers a quicker return on investment than sale yearlings. Those that are previewed under saddle offer a glimpse of what their future potential in the show pen might be. Because of that, fewer 2-year-olds go through public auction than yearlings. In 2015, 462 2-year-olds went though sales rings at the major cutting, reining and reined cow horse sales, compared to 1,008 yearlings. But they were also more expensive overall than their younger counterparts.
When it comes to buying futurity prospects, many people prefer to buy unstarted yearlings. The yearling is a clean slate and can be started in any direction and by any method the new owner chooses. Conformation and pedigree play key roles when deciding whether or not to gamble on a yearling with unlimited potential.