After all the number crunching, Quarter Horse News has compiled the lists of leading sires, buyers and sellers for the 2008 NCHA Futurity Sales. There are some expected results, such as High Brow Cat’s domination for all divisions and the yearlings, along with a few surprises. Go to the next page to see the lists.
According to an article published on the Web site of the Business & Media Insistute, the Environmental Protection Agency (EPA) has come up with an innovative way to regulate greenhouse gas emissions — a $175 tax on every dairy cow and an $87.50 tax per head of beef cattle.
Boyd Rice, 43, Spearman, Texas, is on a roll again, this time at the Abilene Spectacular, where he took the Derby Open first go-round lead with a 220 on Third Cutting, owned by Carl and Shawnea Smith, Jacksboro, Texas.
According to Susie Trimmer, NRHA supervisor of Futurity/Derby entries, nominations for the NRHA Futurity/Derby Foal Nomination program are approaching the magic number of 3,000. As of Jan. 2, 2,704 nominations had been received.
The final and official NCHA Futurity Sales results are in and show that 1,457 consigned horses generated bids of $24.2 million, for a $16,603 gross average. Of those, 1,120 horses, or 76.9 percent, changed hands for $15,330,600. The net average finished at $13,688 with a median of $7,000. See below for links to the individual sale sessions, with all horses listed in order of their final bid prices.
The World Games 2010 Foundation announced that it has selected Jamie Link as the new chief executive officer of the 2010 Alltech FEI World Equestrian Games.
Farmers, ranchers and horse owners can get significant tax deductions by making noncash charitable contributions of farm property to qualified donees – such as agricultural schools or government programs. This serves two purposes: one, there is a tax deduction available; and two, by culling unneeded animals or equipment, or even land, this shows the IRS that you are mindful of costs and that you are doing what you can to operate in a businesslike manner – so as to move closer toward making a profit.
History reared its delightful head as Metallic Cat (High Brow Cat x Chers Shadow x Peptoboonsmal), a stallion owned by Alvin Fults, Amarillo, Texas, and ridden by Beau Galyean, 28, marked a 222 while working eighth in the 25-horse finals to capture the NCI National Cutting Horse Association Futurity Open and $250,000 on Dec. 14 at Will Rogers Coliseum in Fort Worth, Texas.
The books on the NCHA Futurity Sales are closed and the early results show that 1,457 consigned horses generated bids of $24.2 million, for a $16,603 gross average. The overall gross average was about 30 percent under from last year. Quarter Horse News will provide complete official results, analysis and photos soon on the Web site and in the Feb. 1 print issue. (Details about the high-selling horse and a list of the horses selling for $100,00 or more are on the next page).
Peppy Superboom made headlines as the No. 1 seller at the 2008 National Reining Horse Association Futurity sales. The 2-year-old stallion, consigned by Craig and Ginger Schmersal, sold for $240,000 to The Bucket List Syndicate. See the list of reining horses that sold for $20,000 and more in Oklahoma City.