Whether you’re breeding a thoroughbred, sports horse or pony, you come across various stud fee terms. These are often displayed as initials so here is my little guide of what they mean and common conditions.
NFNF – No Foal No Fee
Different contracts have different terms of this. It might be 1st of October, meaning if your mare isn’t pregnant by the 1st of October you get your money back. Or it might be another date. Sometimes it can be if the foal is not alive at birth or doesn’t survive 48 hours.
NFFR – No Foal Free Return
Similar to NFNF, if there is no live foal at the time stated in the contract, you get another go for free. Most contracts apply to the same mare. But if you’re a large stud, you might be able to use a different mare for this free return. Similarly, sometimes the stallion owner will let you get a free try on another one of their stallions. However, it all depends on your contract.
This is found more in the racing industry where colts are worth more than fillies. In this case, if your mare has a filly, you get part of your money back. It is often half the money back, but again, it depends on the contract.
First of October terms
This usually ties in with other terms such as NFNF and NFFR. What it refers to is whether the mare is in foal on the 1st of October.
LFG – Live Foal Guarantee
This generally means that you can keep going back for free until you get a live foal. This usually means a live foal at birth, 24 hours or 48 hours. However, some stallion owners may offer longer.
Pay at sale
This is very rare, but has been offered by Darley racing stallions. It means that you don’t have to pay the stud fee until you sell the foal at auction at various ages. Usually foal or yearling ages.
Pay at Birth
This simply means you don’t pay the stud fee until the foal is born.
When Sheikh Mohammed began offering very good deals on his stallions, other stallion owners complained about being out competed. Darley was one of the few owners to offer deals where the mare owner only paid the stallion fee when the foal sold as a foal or yearling. And even then, if the foal sold for less then the fee, part or all of the fee would be forgotten.Article on Darley Deals