Yonaguska Colt Sells for $95,000 at OBS as Numbers Decline
Updated: Monday, August 29, 2005 9:13 AM
Posted: Thursday, August 25, 2005 6:52 PM
A colt from the first crop of grade I winner Yonaguska
was the top seller Thursday at the Ocala Breeders' Sales Co.'s August yearling auction in Central Florida, bringing $95,000 from Vinery Stables. Produced from the 14-year-old unraced Miswaki mare Penguin Parade, the colt is a half-brother to stakes-placed Tuesday Prayer (by Holy Bull
), who also is a multiple winner.
Florida horseman Chad Johnson purchased the colt for $35,000 as a weanling at the 2004 Keeneland November breeding stock sale. Francis and Barbara Vanlangendonck's Summerfield sales agency consigned the Florida-bred yearling to the OBS auction.
"He's a beautiful horse," said Francis Vanlangendonck. "There were a bunch of people on him, and he obviously was one of the picks of the day. He's always been correct, but he was a colt that was a late bloomer. Earlier in the year, we didn't think he was going to be big enough, but all of a sudden he shot up."
The complete results for Thursday's session, which was the fourth in the OBS sale's five-day run, were 190 horses sold for a gross of $1,587,200, which was down 45.5% from the 2004 total of $2,914,100 for the 240 horses sold during the comparable session. The average plummeted 31.2%, from $12,142 last year to $8,354 this year. The median dropped 20.0%, from $6,250 to $5,000. The buy-back rate advanced from 17.5% to 29.9%.
"It's hard to tell at this point if this just turned out to be a little lighter session or if it's part of what's going to happen tomorrow as well, so we really need to see what happens tomorrow," said Tom Ventura, the OBS director of sales and general manager. "But maybe the increased numbers are impacting the open sessions. We're selling $10,000 to $15,000 horses on average, and we have more than we normally do, so maybe it's a matter of supply and demand."
The OBS auction started Monday with a select session and preferred yearlings from the first phase of the Farnsworth Farms dispersal. Open sessions, which included more Farnsworth yearlings, were scheduled for the remaining days. The combined results for the auction's first four days were 811 horses sold, a gross of $15,873,100, and an average of $19,572. During last year's four-day sale, 891 horses were sold for a gross of $18,361,400, and an average of $20,608.
The OBS sale's fifth and final session begins Friday at 11 a.m. (EDT).Hip by hip results
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