are estimated against Reports of Mares Bred, scheduled to be filed by Aug. 1
of each breeding season. Foal registration is to be completed within 12
months of the birth of the foal. However, late registration is available for
additional fees, making actual foal crop counts impractical before Dec. 31 of the
crop's 2-year-old year, the time by which the vast majority of the foal
crop has been registered.