Factors associated with the selling price of sport horses in public auctions in Ireland

IF 1.3 3区 农林科学 Q2 VETERINARY SCIENCES
Alison F. Corbally, Alan G. Fahey
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引用次数: 0

Abstract

Sale prices at auction significantly impact the economic return of sport horse production. This study aimed to determine factors associated with auction sales prices of sport horses at four maturity stages: foals, juveniles, young horses, and older horses. A total of 42,799 sales records from 2003 to 2022 were obtained from two Irish equine auction companies. A univariate regression model was used, and significant variables underwent multivariate analysis. Within each maturity category, factors associated with above-mean-priced horses differed from those associated with below-mean-priced horses. Foals registered in a studbook, sired by high-performance stallions based abroad, and sold to overseas markets were associated with a positive price effect. Juvenile stallions and females that were sold at Cavan sales to Irish buyers were associated with a positive price effect. Four-year-old stallions in the overall and above-mean categories were associated with positive price effects in the young horse category. Young horses registered in a studbook, 165–172 cm tall, and sold in November to overseas clients were associated with positive price effects. Horses not started under saddle were associated with positive price effects in overall and above-mean young horse groups. Positive price effects were also observed from older horses that had competed in training shows, were <10years and >165 cm tall and were sold abroad. Negative price effects were associated with horses over 10 years of age in this category. Analysing maturity and value segments gives breeders insights into price determinants, enabling them to optimise pricing strategies and improve profitability.
与爱尔兰公开拍卖中运动马的销售价格相关的因素。
拍卖价格对运动马生产的经济回报影响很大。本研究旨在确定四个成熟期运动马的拍卖价格相关因素:马驹、幼马、幼马和老马。从2003年到2022年,从两家爱尔兰马拍卖公司获得了42,799份销售记录。采用单因素回归模型,对显著变量进行多因素分析。在每个成熟度类别中,与高于平均价格的马相关的因素与低于平均价格的马相关的因素不同。在种名册上登记的小马驹,由国外的高性能种马繁育,并出售给海外市场,与积极的价格效应有关。在卡文拍卖会上出售给爱尔兰买家的幼种马和雌种马与积极的价格效应有关。总体和高于平均值类别的四岁种马与年轻马类别的正价格效应相关。在赛马名册上登记的身高165-172厘米的小马,在11月出售给海外客户,与积极的价格效应有关。没有从马鞍下开始的马在总体上和高于平均水平的年轻马组中具有积极的价格效应。那些参加过训练表演、身高165厘米、卖到国外的老马也有积极的价格效应。在这个类别中,负价格效应与10岁以上的马有关。分析成熟度和价值细分使育种者能够洞察价格决定因素,使他们能够优化定价策略并提高盈利能力。
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来源期刊
Journal of Equine Veterinary Science
Journal of Equine Veterinary Science 农林科学-兽医学
CiteScore
2.70
自引率
7.70%
发文量
249
审稿时长
77 days
期刊介绍: Journal of Equine Veterinary Science (JEVS) is an international publication designed for the practicing equine veterinarian, equine researcher, and other equine health care specialist. Published monthly, each issue of JEVS includes original research, reviews, case reports, short communications, and clinical techniques from leaders in the equine veterinary field, covering such topics as laminitis, reproduction, infectious disease, parasitology, behavior, podology, internal medicine, surgery and nutrition.
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