“We canvassed standardbred breeders around the country and agreed the harness racing market to sell a broodmare in foal or ready to foal would be greatest in the early spring”.
CSBA Chairman Noel Kennard articulating the main reason for the association's just confirmed 'Broodmare and Mixed Stock Sale' this spring.
There are several points of difference with the September 11th event. The first early vendors have been encouraged by is a 0% commission on any transaction.
“We aren't a business,we're just providing a platform for breeders to present and sell their product” says Sheldon Murtha, one of six Sales Sub Committee members charged with shaping the new sale.
“Any associated costs will be covered by the $125 per entry fee.”
Previous mid-winter mixed stock horse sales have often proved uneconomical for most concerned. The racing and yearling sales seasons are over when they're scheduled with no real demand from investors to buy and then carry an animal through the cold months.
“The one taking the hit in the pocket,year after year lately,is the breeder. This spring sale will at least give them an opportunity to sell when there is more demand at the start of a breeding season.” says Kennard.
Another cost being circumnavigated is that of transporting and parading a horse at the venue.
Prior sales knowledge and inspection will be paramount for potential buyers to get comfortable bidding on a broodmare not necessarily being shown in front of them on auction night at Addington Raceway.
“In this economic climate it's a dead loss tripping a nice mare from say, Southland, only to have to transport her home again if a buyer hasn't been found on the day” expands Murtha.
“This way the only real cost to the vendor is the entry fee, the rest is fielding and answering inquiries about their horses for the month leading to the sales night. By then any buyer or agent will have matched a type with what they want to pay as with any auction really”.
The CSBA is confident the sale will appeal to breeders and buyers across New Zealand and even Australia given the quality of stock already nominated.
All final entries accepted from across New Zealand will be published by August 17th.A website based catalogue will be available on the NZSBA web pages at www.harnessracing.co.nz. followed quickly by an industry wide media campaign.