OBS Fall Sale Ends With Upswings
The Ocala Breeders’ Sales Co. fall mixed sale ended strongly with an open session after beginning with impressive surges in a consignor preferred session.
Held Oct. 16 and 17 in Central Florida, the auction finished with a median price for the two days combined that was up 40% from a year ago. The gross rose 30.2% while the average price grew 24.7%.
“We were very pleased that we were able to capitalize on the momentum of all of our sales this year; it’s been a good year in Ocala,” said Tod Wojciechowski, director of sales for OBS. “I think the numbers of this sale hopefully are indicators that there is some strength continuing to come back into the market. There is still money out there for good horses, and there certainly seemed like there was an interest in breeding stock that was a little stronger than in the last couple of years.”
The combined results included a gross of $2,922,900 for the 282 horses that were sold. The average price was $10,365 and the median price was $7,000.
The buy-back rate declined to 20.3% from 24.6% in 2011, when 270 horses were sold.
During the sale-ending open session, the 161 horses that were sold grossed $1,201,000 and averaged $7,460. The median was $5,200. Compared to last year, the gross advanced 6.1% while the average rose 22.6%. The median increased 44.4%.
The buy-back rate fell to 21.1% from 21.8% in 2011.
Decisive, a 4-year-old winning daughter of Pulpit, brought the open session’s top price of $50,000. Jose Uzcategui purchased her from Ramsey Farm, agent.
The gross, average, and median also rose during the consignor preferred session while the buy-back rate dropped.
Copyright © 2014 The Blood-Horse, Inc. All Rights Reserved.