William S. Farish’s Lane’s End has lowered stud fees for most of its stallion roster, three weeks after the farm’s initial announcement for the 2009 season.

A.P. Indy and Smart Strike, North America’s leading sires in 2006 and ’07, respectively, both received reductions. A.P. Indy will stand for $250,000—down from $300,000—and Smart Strike will stand for $125,000—down from $150,000. Kingmambo’s fee is unchanged at $250,000.

Lane’s End also has altered its payment schedule from the previous due date on November 1, 2009. Stud fees will now be payable for a live foal when it stands and nurses.

“After reviewing the recent yearling and mixed sales results, as well as the current economic environment, I am announcing a further reduction in many of our 2009 stud fees for the Lane’s End stallions and we will be offering ‘stands and nurses’ on all stallions,” Farish said. “Lane’s End has always carefully monitored the size of our stallions’ books and, in an effort to increase market value for our clients, we will remain sensitive to this issue.”