Well around here there are tons of QH breeders who will complain that they cant make a decent buck. And they are right, they cant make a decent buck.
However there are others right next to them breeding QHs who do really good at it.
The difference as far as I can tell is the ones who do good at it are using proven breeding stock. They showed their stallions, used really good show proven mares. They are fussy about who the sell to. They sell to people who are going to train, show and promote their horses.
These people have no trouble getting great prices for their weanlings. BTW Really good horses are in so much demand up here that a lot of them are sold before they are even born. You have to buy good prospects young because most are sold before they are yearlings.
Good horses are not affected by what average horses are selling for at the local cattle auction mart when they have their monthly horse sale.
Good horses are not effected by the price of feed.
Good horses are not effected by slaughter prices.
Even though you might be breeding really good horses, if your horses are not getting shown and promoted they will be considered average by potential buyers. You cant make any money with average horses around here. If your breeding average horses you would be better off with cows or renting your grass out to somebody else.