OBS Sale Ends With Gains in Average, Median
Date Posted: 8/25/2011 8:14:29 PM
Last Updated: 8/26/2011 12:38:47 PM

by Carlos Medina

The final session of the Ocala Breeders’ Sales Co. August sale of yearlings ended with another day of across-the-board increases despite a smaller amount of horses offered for sale.

The final day of the sale Aug. 25 saw the gross increase by more than 7%, while the number of horses sold dropped by 17.4%.

“The average was up every day, the median was up every day, and the buyback rate was either the same or slightly below last year,” said Tom Ventura, OBS general manager and director of sales. “The fact that our gross nearly matched our overall gross last year, with 130 less horses, is impressive.”

On the final day of three-day sale—the first day selected and the next two open—195 horses sold for $1,929,400, compared with $1,793,850 for 229 horses sold in 2010. The average was up nearly 26.3% to $9,894 from $7,833 in 2010, while median jumped by 40%, from $5,000 to $7,000.

The buyback rate was unchanged at 25.6%, OBS reported.

For the two open sessions, 408 horses sold for $4,562,100, an increase of 9.3% from the 2010 total of $4,138,350 for 475 horses.

For all three days, the gross dropped 1.53% from $8,976,850 in 2010 to $8,840,100 this year, mainly because of the reduction in gross during the selected session. The selected session’s gross dropped 11.6% to $4,278,000 from $4,838,500 in 2010.

The selected session did, however, post an increase in average price, which was up 6% to $38,009 from $35,841 last year. The median price also increased by $34,000, a gain of 30.8% compared with $26,000 a year ago.

“I think overall, it started out well and finished well,” Ventura said. “It was steady trading throughout. There was a good mix of buyers, a combination of pinhookers and end-users. We had buyers in different price ranges to pick up the different types of horses. That’s why the buyback rate remained steady.

“Overall, I thought it was a good sale, and we moved in the right direction all three days.”

The Aug. 25 session-topper was a Wildcat Heir   colt that sold for $85,000 to Vision Racing and Sales. The Florida-bred colt was consigned by Francis and Barbara Vanlangendonck’s Summerfield sales operation. Out of the Tiznow   mare, Tiz What It Waz, the colt is her first foal.

“He looked very athletic, a strong horse and good size,” said John Stephens, who signed the ticket. Stephens said Vision may pinhook the colt, possibly at the March OBS 2-year-old sale.

The day’s top filly, by Chapel Royal, sold for $48,000 and was bought by Calder-based trainer and owner Steve Dwoskin. Out of the Broad Brush mare Aggressive Broad, the Florida-bred filly was consigned by Greystone Manor Farm. 

 



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