Kitchwin Hills has kept the 2012 service fee for Dane Shadow at $16,500 despite some impressive statistics in the last twelve months.
Since Kitchwin Hills set his fee last year, Dane Shadow has delivered two new Group 1 winners and also dominated breeder returns at sales across the country. At the Inglis Easter Sale earlier this month, he returned an average of $194,000 which is nearly 12 times his service fee.
There was a very strong case and a lot of pressure to increase the fee, however, Kitchwin Hills decided to wait for his rising two year-old troops to arrive, confident they will ensure there’s a price rise next year.
Duporth will stand at $16,500 for his third season at stud. “To me, Duporth is even more a chance now than he was this time last year,” Kitchwin’s Michael Malone said. “But industry trends dictate the fee comes down for year three.
“If breeders could see what I see every day in the paddock, there would be a line up from Sydney to Scone for Duporth in 2012″.