Tattersalls December Foal Sale concluded in Newmarket last night with a 28,684,600gns ($60,420,842) turnover, which was down 1% from comparative figures from 2006, while the 36,541gns ($76,969) average dropped by 6%, and the 20,000gns ($42,127) median fell by 9%.
The clearance rate made a more dramatic decline, from 82% last year to 61% this time around.
Agent Dwayne Woods paid the top price of 240,000gns ($505,532) for a filly by Green Desert that is a half sister to group I Fillies’ Mile and group I Falmouth Stakes winner Simply Perfect (by Danehill). The filly was bred by Derek and Jean Clee and consigned from Catridge Farm Stud.
Camas Park Stud’s Timmy Hyde paid 205,000gns ($431,809) for a colt by Monsun that hails from a distinguished German family. The colt will be reoffered next year after being sold by European Sales Management.
Trainer Jim Bolger , who has excelled with the progeny of Mr Greeley, acquired a filly by that sire out of Civility Cat ( by Tale Of The Cat). Eamonn Reilly of BBA Ireland bid 200,000gns ($421,277) for the filly, who had been bought in utero for 340,000gns ($716,171.
Tattersalls chairman Edmond Mahony reflected: "Last year’s December Foal Sale set new records across the board with an average price up a massive 34% and turnover also in uncharted territory up 24%. This year’s Foal Sale has all but matched those extraordinary figures with turnover and average second only to 2006.
"To a large degree this week’s foal trade has mirrored the yearling market, with demand at the top of the market as strong, if not stronger, than ever. The number of foals making 200,000 guineas ($421,277) or more has exceeded even last year’s total and competition for quality, commercial foals has been intense throughout the five days.
"The one statistic, however, which does not compare well with last year is the percentage of lots sold and with the huge numbers cataloged it has been evident that the market has been unforgiving for foals which fell short of the stringent standards set by the pinhookers,” Mahony continued. “The record numbers have also placed a strain on the stabling and despite having the sale over five days, instead of the traditional four, it has been tough to accommodate the numbers as well as we would like. There are not many options remaining which will suit both vendors and purchasers alike while the numbers remain at this level, but it is an issue which we will be looking at closely in the coming months.
"In the meantime we are looking forward to the breeding stock sale which begins on Monday. As this week’s foal trade has shown demand for quality stock remains high and the catalogue is outstanding."