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2002/07/24

Sizing Up The CompetitionSpring 2002 Private Sales Report Top Sellers of $80,000 And $72,000 American Miniature Horses Growing' The Equine Industry American Miniature Horses are big business in the equine industry. Standing 34 inches and under, the popular equines continue to fetch substantial prices as evidenced at two of this year's private sales. Demand for national-level American Miniature Horses continues to soar, prompting enthusiastic buyers to step up their breeding programs. The heart of Florida horse country, Ocala, Florida, was the site for the Grosshill Farm Sale held May 11. And, it was a grand affair indeed featuring 92 "select" American Miniature Horses from one of the industry's prominent farms. The top ten horses at the sale averaged $23,650. The average price per horse was nearly $6,600 with high-selling horse, LAZY Ns BOOGERMAN, bringing $72,000. The 20-year-old stallion was purchased by Michael and Brenda Hebert of Golden Meadow Miniatures (Covington, Louisiana). BOOGERMAN is one of only two horses to claim AMHA's prestigious senior stallion award at the age of 10. Considered a senior horse by the age of three, American Miniature Horses ranging from ages eight and under generally campaign for the national grand champion title. According to AMHA records, the prolific stallion has sired more than 100 foals including champion and national grand champion individuals. Billed as the sale of a lifetime, the Little King Farm Sale amassed nearly three-quarters of a million at its May 25th sale held at the family farm in Madison, Indiana. The sale featured 68 head of top get, grandget and even great-grand get from the historic bloodlines of the Little King Farm breeding program. The sale's most recognized bloodline was that of 1983 National Grand Champion Senior Stallion BOONES LITTLE BUCKEROO. The 24-year-old stallion is currently being featured as a 2002 Breyer model honoring his contributions to the AMHA industry. The top ten horses at the event averaged $33,450. The average price per horse was $10,964 with Joyce and Felix Covington of MCC Farms (Brenham, Texas) purchasing the high-selling horse, LITTLE KINGS BUCKEROO BLITZ. The Texas couple purchased the yearling filly for a record-breaking $80,000, the highest price paid for an American Miniature Horse mare. "We didn't start out to break any records," said 10-year AMHA veteran Felix Covington of his recent purchase. "It just seems there were a few other folks who thought she (LITTLE KINGS BUCKEROO BLITZ) was pretty special too." Future plans for the double-bred BUCKEROO filly include competing at the 2002 AMHA Eastern Championship Show and hopefully qualifying for the upcoming AMHA National Show in September. "To remain competitive on a national level you need to continuously upgrade and improve your breeding program," said Covington. Hopefully that's what we've done with this special filly." With a continued upward trend in memberships, registrations,show attendance and inquiries, the American Miniature Horse Association enjoys its position as the world's leading Miniature Horse registry. The second fastest growing equine breed association in the nation (based on registration percentages), AMHA attributes its continued growth to increased public awareness and the amazing versatility, temperament and investment potential of this unique breed. "AMHA is very pleased with the strides the American Miniature Horse is making in the equine industry," said AMHA Executive Director Duane McPherson. "Not only do we have a situation where demand exceeds supply, but that the demand is for quality above all. That being the case, the equine industry can expect to hear a lot more about the American Miniature Horse." Founded in 1978, the American Miniature Horse Association promotes the breeding, use and perpetuation of a standard of equine excellence in miniature. Horses registered with AMHA must meet the Association standards of perfection and cannot exceed 34 inches in height. Headquartered in Alvarado, Texas, AMHA is the world's leading American Miniature Horse registry with nearly 140,000 horses and 12,000 members in 26 countries and provinces. For more information contact AMHA at 817.783.5600 or log on to its website at www.amha.com.

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