Stud fees for a stallion's services can range from a few hundred dollars to hundreds of thousands of dollars, depending on the stallion's breed and quality. The same variables affect the price of purchasing a stallion for breeding purposes.
For most mare owners, paying a stud fee is more practical than buying a stallion. Buying a share of a stallion through syndication can make the cost of buying a good stallion more affordable and guarantees the availability of the stallion's services. Before deciding to breed a mare, remember that the cost of the stallion is only part of the cost of producing the foal. Other costs include the mare's upkeep, veterinary expenses and boarding costs if the mare is sent to another farm for breeding.