The Jockey Club is projecting a 2024 North American registered Thoroughbred foal crop of 18,000, which is 500 fewer than the 2023 estimate.
Since the foal crop was 35,274 born in 2008, before the recession later that year, the number has made a year-to-year rise just once – and that was a very minor move from 23,001 in 2014 to 23,047 in 2015.