IntheMoney 01 GoLittleStarlight

In the Money: Shrewd Breeding Buys (Part 3)

IntheMoney 01 GoLittleStarlightGo Little Starlight, pictured with Pete Branch in 2004, sold through the 2008 Polo Ranch Dispersal Sale and went on to produce NRCHA Snaffle Bit Futurity Open finalist CD Highlights.In the last two issues of the QHN Insider, In the Money took a look at the 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.

IntheMoney 03-SeeUSaturdayNight 15KP

In the Money: Shrewd Breeding Buys (Part 2)

IntheMoney 03-SeeUSaturdayNight 15KPSee U Saturday Night, pictured with Arno Honstetter, is one of three NRHA Futurity Open finalists whose dam is a former sale horse. • Photo by Kelsey Pecsek

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.

IntheMoney nyquist-longines

In the Money: Shrewd Breeding Buys

IntheMoney nyquist-longinesNyquist and jockey Mario Gutierrez outfinished Exaggerator in the Kentucky Derby. • Diane Bondareff/AP Images for Longines, the official watch and timekeeper of the 142nd Annual Kentucky Derby

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.

IntheMoney NotRufAtAll

In the Money: Sale Graduates at the NRBC

IntheMoney NotRufAtAllNot Ruf At All and Jason Vanlandingham won the NRBC Level 4 Open with a 231. • Photo by Kristin Pitzer

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.

IntheMoney 01-IchisMyChoice 14NR

In the Money: Semifinalist Sale Horses

IntheMoney 01-IchisMyChoice 14NRIchis My Choice, who made headlines as a $300,000 sale horse, will try to take the spotlight again in the NCHA Super Stakes Open semifinals. • Photo by Nina Rosenbeck

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.

IntheMoney TwoSmokingBarrels 16SP

In the Money: Second Chances

IntheMoney TwoSmokingBarrels 16SPTwo Smoking Barrels proved to be a popular prospect at the Winter Premier Sale, where he sold for $40,000. • Photo by Stacy Pigott

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.

IntheMoney 01 CRTuffLucy 15SP

In the Money: Veterans

IntheMoney 01 CRTuffLucy 15SPCR Tuff Lucy was the highest seller in the Western performance horse industry in 2015, bringing a final bid of $600,000 at the Center Ranch Production Sale. • Photo by Stacy Pigott

IntheMoney RockinSallycat 15JA

In the Money: Ready to Show

IntheMoney RockinSallycat 15JARockin Sallycat was the highest-priced 3-year-old in 2015 when she brought a final bid of $200,000 at the Walton’s Rocking W Ranch Absolute Dispersal Sale. • Photo by Jim Arnold

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.

IntheMoney MeltingSnow 15SP

In the Money: A Quick ROI

IntheMoney MeltingSnow 15SPCutting prospect Melting Snow was one of two 2-year-olds that sold for $280,000 in 2015. The Metallic Cat daughter, pictured with Hayden Upton, is a full or half-sister to four money-earners. • Photo by Stacy Pigott
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.

IntheMoney ZeeImSmooth 15SP

In the Money: Pricey Prospects

IntheMoney ZeeImSmooth 15SPZee Im Smooth was the highest-selling yearling in 2015 when the cutting-bred mare brought a final bid of $225,000. • Photo by Stacy Pigott

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.