Journeyman Stud has revised the stud fees on a number of its stallions for the remainder of the 2009 breeding season, it was announced by the Florida-based farm Friday, March 20th. The stallions affected by fee reductions are CIRCULAR QUAY ($7,500), COWTOWN CAT ($5,000), GAFF ($2,500), MASS MEDIA ($3,000) and SAINT ANDDAN ($4,500).
Brent Fernung, owner of Journeyman Stud, said: “We have always based our success on standing top quality Florida stallions at below market prices. With the upheaval in the economy this year, it has become apparent to me that we need to adjust our fees further in order to maintain that balance. Although some of our stallions like Circular Quay and Cowtown Cat have significant-size books right now, we feel we need to be aggressive in order to assure they get every chance to be successful. The contracts that were signed to these stallions earlier this season at the higher prices will be adjusted to reflect the new fees.
“The rest of the stallions at Journeyman, BWANA CHARLIE, DEPUTY GLITTERS, EXCLUSIVE QUALITY, INDY WIND, SWEET RETURN (IRE) and WILDCAT HEIR, while not having their individual fees reduced, will be available for multiple-mare discounts and other special considerations. We also have an exciting promotion going on with SAINT ANDDAN that allows for mare owners to earn a share in the horse by breeding multiple mares to him,” Fernung added.
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