The weanling session of New Zealand Bloodstock's National weanling and broodmare sale May 12 at Karaka enjoyed a superb day of trading with gains across primary market indicators.
Topped by a son of leading New Zealand sire and Waikato Stud resident O'Reilly for $160,000 ($137,896 in United States funds), there were 200 horses sold for $2,656,450 ($2,289,571). With 60 fewer horses catalogued and 35 less weanlings sold than last year, total receipts increased by 5%.
The average price of $13,282 ($11,447) marked a 22% increase from last year's session, with the median rising 40% to $7,000 ($6,033). The clearance rate improved from 77% in 2013 to 79%.
The session-topping O'Reilly colt was bought by Ascot Farm out of the Gordon Cunningham's Curraghmore Stud consignment. He is the third foal of Miraculous Miss
, a stakes-placed daughter of Exceed And Excel
"He has an excellent temperament and he's bred on a very similar cross to (Australian and New Zealand group I winner) Sacred Falls and we plan to sell him as a yearling," said Maureen Harvey of Ascot Farm. "We really liked his physicality as a horse."
Curraghmore Farm also offered a colt from the first New Zealand crop of five-time grade/group I winner Cape Blanco
, who brought the day's second-highest price of $100,000 ($86,185) from Bruce Perry Bloodstock. The youngster is the second foal produced by the stakes-winning Starvinsky
mare Tip The Wink, who was group I-placed in New Zealand.
Cape Blanco stands the Northern Hemisphere season at Ashford Stud in Versailles, Ky., and the Southern Hemisphere season at Cambridge Stud in New Zealand.
The sale continues with the second and final session May 13, featuring yearlings, 2-year-olds, unraced horses, horses-in-training, and racehorses, followed by more than 200 broodmares.