by Craig Bernick The breeding business in America has grown increasingly commercial over the last two decades. I am in favor of the 140-mare cap and applaud the Jockey Club for instituting this change. The metrics of this issue are simple to understand, comparing American foal crops to the number of "140+ stallions": 1999: 33,844--3 2009: 29,612--26 2019: 19,225--45 While I understand that these are the dynamics that emerged in the market, and that market is just a reflection of consumer behavior, I have come to believe we have let...