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The average price of a thoroughbred at the Fasig-Tipton Saratoga summer yearling sale is down 6% from last year.
FORBES: Connect
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Yearling cattle are weighing in 100 pounds lighter than normal, and since ranchers are paid by the pound, that means less money.
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But the most interesting thing was, we saw a yearling grizzly bear.
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At the three major yearling sales, sales were up significantly.
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On Friday, the 144th Thoroughbred racing meet here will kick off, bringing thousands of visitors to this town of almost 30, 000, thousands of visitors who will spend millions of dollars on hotels, meals, pari-mutuel tickets, spa treatments, and yearling Thoroughbreds.
FORBES: Racing Season At Saratoga Offers The Chance To Indulge...And To Donate