In the News

Chad Schumer Featured In Thoroughbred Times Today

“The very first horse I bought was a yearling that we pinhooked to an [Ocala Breeders Sales Co.] sale. My partner and I broke the horse ourself, trained it, and got it ready. We did just better than breaking even. In the process, I met a lot of people and started to establish some contacts.”

At the Keeneland November breeding stock sale, he served as agent on more than 50 purchases, including 36 earmarked for Saudi Arabia. Schumer has orders for more than a dozen broodmares at this week’s Keeneland January horses of all ages sale for overseas markets.

Because international transportation companies typically charge a group rate, a target number of purchases can increase unexpectedly.

“Mares travel in pallets of three,” he said. “The way shipping works is you pay for the whole pallet, not the horse. There have been many, many times when someone has not really paid attention to the number they are buying and then they realize they may have bought 31 or 32 mares and they realize they are paying for 33. So there will be a frenzy at the end of the sale to buy horses to fill the pallet.”—Liane Crossley


Send this to a friend