Mixed Results for OBS Sale's Final Day
Updated: Friday, August 22, 2008 9:49 PM
Posted: Friday, August 22, 2008 2:01 AM
Photo: Joe DiOrio
OBS August Yearling Sale
By Patricia Ranft
The Ocala Breeders’ Sales Co. August yearling sale
ended its four-day run Aug. 21 with figures more in line with last year’s, as compared to the previous sessions, which had brought numbers considerably lower than 2007’s comparable sessions. The gross revenue for the session was up slightly, at 3.2%, while the average declined 6.3% and the median dipped 8.3%.
The 206 yearlings sold grossed $2,101,700 and averaged $10,202, compared with the 187 sold in last year’s comparable session for a gross of $2,036,300 and average of $10,889. The median was $5,500 in comparison to 2007’s $6,000. This year’s buy-back rate was 30.9%, with 92 of the 298 yearlings offered failing to find new homes.
A filly by Trippi
, consigned by Janie Roper as agent, topped the session, bringing $90,000 from Charles H. Deters. The bay filly is out of the Gold Meridian mare Lady Argo and is a half-sister to stakes winner and stakes producer Argos Appeal (by World Appeal). The session topper’s second dam, Tri Argo (by Tri Jet), also was a stakes winner and produced graded stakes winner Tee Kay (by Gold Meridian), the dam of two-time Japanese Horse of the Year Symboli Kris S (by Kris S.)
The session topper was bred in Florida by Phyllis Dudley.
For the three open sessions of the sale, Aug. 19-21, 636 yearlings sold for a total of $6,472,200, compared to 778 horses selling for $9,047,400 in four sessions a year ago. The open sessions' average price of $10,176 compared with $11,630 in 2007, while the overall median was $5,500, compared with $7,000 in 2007. Overall, the gross was down 18.3%, the average fell 12.5%, and the median slid 21.4% from last year. The buy-back rate was 33.1%, compared to 29% a year ago.
View complete Hip by Hip results here
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