In celebration of the 30th anniversary of the opening of Jeju Ranch at Masan Horse Racing Park

The Jeju Stud Farm of the Korea Racing Authority, which opened on a 2,145,000 square meter (650,000 pyeong) site in Gyorae-ri, Jocheon-eup, Jeju, in 1995 to improve the self-sufficiency rate of domestic racehorses, celebrated its 30th anniversary last Friday. The Jeju Stud Farm was born as the result of a mid- to long-term policy established by the Ministry of Agriculture and Forestry in 1991 to improve the self-sufficiency rate of domestic racehorses, which was only 5% in the 1980s. The Jeju Stud Farm achieved its initial 10-year goal of a 75% self-sufficiency rate early by producing 550 domestic horses annually in 2002. Currently, it produces around 1,400 domestic horses annually and has shifted its operational direction from direct production to supporting private farms to strengthen their production capabilities. From the first stallion, 'Happy Jazz Band,' the Jeju Stud Farm has produced a total of 14,188 foals from 48 stallions over the past 30 years. The price of introducing ...