Though Storm Cat was not the leading sire of horses sold at the marathon Keeneland September yearling sale, there was strong demand for his yearling fillies and for yearlings produced from his broodmares, according to statistics published as part of BloodHorseNOW's exclusive Data Digest.
Australia's leading sale company, William Inglis & Son, has postponed the 2- and 3-year-old Breeze Up sale and the October Racehorse sale scheduled for Oct. 28 because of the equine influenza outbreak.
A squadron of bold new buyers in the middle market lifted up the Japan Racing Horse Association select sale, keeping the foal portion nearly on pace with last year's scorching record results even though there were fewer players competing for the most expensive horses.
Thirty-six representatives of the Kentucky horse industry have agreed to join the Sales Intergrity Task Force, which will meet again sometime in May. The complete list of members was released April 30 by the Thoroughbred Owners and Breeders Association.
Many of this year's candidates for the Kentucky Derby Presented By Yum! Brands (gr. I), were offered at public auction before they began their racing careers. Two sold for more than $1 million apiece, but you could have purchased some of them for less than $100,000.
Fasig-Tipton and Keeneland have formed a committee that includes veterinarians and breeders to develop a policy that will involve testing for the inappropriate use of anabolic steroids at their Kentucky sales.
A recent survey of Thoroughbred horse owners, breeders, managers, trainers, and bloodstock agents shows overwhelming agreement that bloodstock agents should be required to disclose the commission rates they receive to both the buyer and seller.
By Ray Paulick - The gap between purses in Thoroughbred races in the United States and money spent in the American Thoroughbred auction market widened in 2006. While total purses for the year aren't yet known, the projection is that they will be up by a couple of percentage points to just north of $1.1 billion, which would be an all-time record.
With ongoing declines in Thoroughbred breeding and racing in Ohio, and a possible November referendum for racetrack gaming in the state, organizers of this year's Midwest Regional sale said the industry has reached a "pivotal" point.
More than two-thirds of respondents to a Thoroughbred Owners and Breeders Association survey of auction buyers indicated they are less likely to purchase a horse that has undergone a surgical procedure prior to being sold.
The catalog for the 2006 Barretts May sale of 2-year-olds in training is now online. A total of 378 head have been entered in the sale that will be conductted Tuesday, May 16 in the Hinds Pavilion located on the grounds of Fairplex Park in Pomona, California beginning at 10:30 a.m.
Legislation that would protect buyers and sellers in equine transactions unanimously passed the Kentucky Senate March 15 and now heads to the House of Representatives for concurrence. The House previously approved a different version of the bill.
Legislation that would protect buyers and sellers in equine transactions is on its way to the floor of the Kentucky Senate, though one lawmaker plans to offer two amendments. Meanwhile, horse industry representatives planned another meeting to hammer out a compromise on some language in the bill.
The Kentucky Equine Education Project has given its support for legislation that would make it unlawful for anyone to represent both buyer and seller in a transaction involving horses without written permission of both parties.
California vintner and Thoroughbred owner Jess Jackson met with Kentucky Senate Republicans Jan. 26 to discuss legislation that would make it unlawful for anyone to represent both buyer and seller in a transaction involving horses without written permission of both parties.
The American Association of Equine Practitioners' Task Force on Medication Issues at Public Auction has released its recommendations for medication usage in horses presented for sale at public auctions.
A 2-year-old colt by Danehill sold for HK$3 million ($386,847) to top the Dec. 10 Hong Kong International Sale, an auction held for the purpose of getting well-bred racing prospects into the hands of Hong Kong-based owners.
Brewer Racing Stable and Murray Smith, who together this year have campaigned grade I stakes-winning 2-year-old filly Wild Fit, will offer her as a racing prospect Nov. 6 at the Fasig-Tipton mixed sale in Lexington.
The Monitoring Committee for the Sales Integrity Program has postponed implementation of the mandatory disclosure of acceptable veterinary practices, the Thoroughbred Owners and Breeders Association announced Aug. 5.
By Cot Campbell - Our Code of Ethics, presented to the world in mid-December, has been received agreeably. Predictably, there has been commentary on what "they" should have done. I have waited until Jan. 15--when my duties as chairman ended and the Thoroughbred Owners and Breeders Association took over--for any personal observations.
The Thoroughbred industry's first code of ethics for public auctions has been getting generally positive reviews since its release Dec. 16. However, many people would like to see further efforts to encourage the disclosure of information and to discourage buyers and sellers from becoming involved in fraudulent ventures.
On the hurricane rating scale of 1 to 5, the opening session of the Keeneland September yearling auction was a Category 3. It packed a strong financial punch on Sept. 13 in Central Kentucky, driving the market past 2003's hot numbers. But the key business figures didn't grow quite as fast as they did a year ago.
Cothran "Cot" Campbell, founder and manager of Dogwood Stables and a regular participant at Thoroughbred auctions, was tabbed as chairman of the recently formed Sales Integrity Task Force during its first meeting Sept. 2 at Keeneland.
In a press release issued Friday, The Thoroughbred Owners and Breeders Association said it "will take a lead role" in the formation of a task force to study practices involving Thoroughbred sales as suggested by the Alliance for Industry Reform (AIR).