Larneuk Stud Drops Fees in Victoria as a Response to Coronavirus

Larneuk Stud Drops Fees in Victoria as a Response to Coronavirus

Prolific Victorian nursery, Larneuk Stud, has announced fees for its 2020 stallion lineup, with significant reductions across the board.

Despite the continued success of O’Lonhro and Cluster, along with the positive vibes around Wolf Cry’s rising 2YOs, Larneuk’s new roster structure represents a 20% decrease on last spring.

Cluster will now stand at $5,500

O’Lonhro for $4,400

Wolf Cry also represents tremendous value at $3,300

Larneuk Stud’s Neville Murdoch is pragmatic about the ‘drop’.

“Larneuk has been standing stallions for over 20 years but we’ve never seen anything like the current situation,” Neville points out. “You can try and put positive spin on things, but breeders – the very breeders who support the Victorian industry, year in and year out – are facing some tough times.

“Despite everyone knowing that the fee is actually the cheapest thing about keeping a broodmare, many owners are going to leaving them ‘dry’ in the paddock this year. The sad irony is, that this is the exact time you should be breeding, particularly given that demand will be even greater on the other side of all this coronavirus mess.“We just want to look after those who have looked after us and will certainly be doing deals on multiple bookings.”

O’LONHRO – the sire of Group 2 winner Mamzelle Tess, Flemington Group placed O’Tauto, stakes placed O’Lonera (6 time winner over $500k plus) and recent city winners Mr Bellagio and Gigglon – is clearly one of the best ROI sires in Victoria.

With winners of over $6 million, O’Lonhro’s sire, Lonhro, is now regarded one of the best speed sources in the nation and his sire sons include Pierro (23 stakes winners, $137,500 fee).

Meanwhile, with his oldest runners 3YOs, the Peter & Paul Snowden trained, Group 2 winning sprinter, CLUSTER, has only had a handful of runners but they include the stakes placed 2YO winner Gee Gees Darl, along with multiple winners such as Galaxy and Centaur.

A son of proven sire of sires, Fastnet Rock, Cluster’s progeny have sold up to $72,000 at the Melbourne Premier.Larneuk

Stud also eagerly awaits the first 2YOs by WOLF CRY due to hit the tracks this spring.

Multiple stakes placed at 2, including a third to subsequent Golden Slipper winner and sire, Vancouver, and third to Group 1 Golden Rose winner, Exosphere in the Group 2 Skyline, Wolf Cry joins Street Boss (2020 fee: $27,500) and Pride of Dubai (2020 fee: $38,500) as sons of the legendary Street Cry (131 stakes winners) standing in Australia.Hailing from one of Australia’s pre-eminent family’s, Wolf Cry was purchased for $320,000 as a yearling and, importantly, is throwing them to type.

For further information on Larneuk Stud’s 2020 lineup, phone Neville Murdoch on 0418 105 706.

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S. Jack Heffernan Ph.D. Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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