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Australian performance horse breeders excited by record $2.65 million sale
Australian performance horse breeders excited by record $2.65 million sale

ABC News

time23-06-2025

  • Business
  • ABC News

Australian performance horse breeders excited by record $2.65 million sale

It might have happened on the other side of the world, but the recent sale of a western performance horse could change the lives of Australian breeders. Three-year-old filly, Crosby Ray Von, sold for $US1.7 million ($2.65 million) at the Old West Rope Horse Futurity Sale in Utah at the weekend. It was serious money for a thoroughbred, and a world record for a performance horse "prospect" not yet tested in competition disciplines such as roping and cutting. "To now be part of a moment like this … it's beyond my wildest dreams," said US breeder Melanie Smith. Crosby Ray Von is the product of renowned stallion Stevie Rey Von, whose genetics have been imported to Australia. Lynda MacCallum, a professional cutting horse trainer at Walcha in northern NSW, said it was potentially "life-changing" news for the local industry. She said with many Australian-bred performance horses already selling for six figures, the sale would only make those with Stevie Rey Von's bloodline more valuable. "We have access to these genetics … we really do have the potential to breed elite horses here and infiltrate the western sports and our camp-drafting market," Ms MacCallum said. "I do believe we will see a great increase in what our horses are bringing here in Australia. "America are always a little further ahead than what we are, however often we do follow in their footsteps." Ms MacCallum said it could be a turning point for young breeders and trainers just starting out. "When horses can make six figures and beyond for us here in Australia, that does become life-changing money," she said. "I know a lot of young people and couples who have sold horses for good money and put that money together and bought investment properties … that's how they're getting ahead in life. "It becomes more of a business or a profession, rather than a hobby."

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