JOCKEY CLUB: U.S., VIRGINIA FOAL CROPS CONTINUE TO SHRINK

In a press release yesterday, the The Jockey Club revised downward its projections for the foal corsp of 2012 and 2012 at the same time it was projecting the 2014 crop to be 22,000.

The Jockey Club also announced downward revisions for the 2012 and 2013 foal crops to 23,500 and 23,000, respectively. The original projection for both the 2012 and 2013 foal crops was 24,700.

Additional foal crop information is available in The Jockey Club’s Online Fact Book at www.jockeyclub.com/factbook.asp and in the state fact books at www.jockeyclub.com/statefactbook.asp.

The foal crop projection, traditionally announced in mid-August, is computed by using Reports of Mares Bred (RMBs) received to date for the 2013 breeding season. RMBs are to be filed by August 1 of each breeding season.

The foal crop has steadily declined since 2006 when it was 38,361. The 2013 figure represents a decline of 40% in the past seven years.  The 2014 projection of 22,000 would be the smallest North American Thoroughbred foal crop since 1967 when it was 21,876.  The crop reached its zenith in 1986 when the crop counted 51,296 foals.

Virginia’s foal crop has declined from 747 in 1991 to 172 in 2012.  The decline has been stead except for a rebound in 1999 when the foal crop increased from 566 to 614 in the early years of Colonial Downs.  Since 2007, Virginia’s foal crop has declined from 409 to 172 – the latter being the first crop which did not include a large number of Virginia-bred foals produced by Edward P. Evans’ Spring Hill Farm.  Evans, who bred as many as 75 foals some years, died December 31, 2010.

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