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US 2009 Foal Crop Projection Down
The US Jockey Club "projects 35,400 registered foals for 2009, a 3.3% decline from its revised estimate of 36,600 registered foals for 2008," reported thoroughbredimes.com. Jockey Club vice president of registration services Matt Iuliano noted: "After mirroring historical trends during the initial 3 weeks of August last year, the pace of 2007 RMB (return of mares bred) submissions slowed noticeably thereafter & that prompted us to reduce our previously announced forecast for 2008 by 900 foals. Based on RMB returns to date for the 2008 breeding season, the foal crop contraction is likely to continue in 2009."