Ian Tapp recaps Day 3 of the 2014 Keeneland November breeding stock sale, including comments from Brian Graves of Gainesway Sales, Alex Solis, Walker Hancock of Claiborne Farm, and Mandy Pope. watch video
Consignor Nursery Place had a good end to day three of the Keeneland November breeding stock sale when Hip 842, a War Front colt out of the Grindstone mare Stone Hope, sold for $850,000 to top the session Nov. 6.
The sale came just four days after Pioneerof the Nile filly Ari the Adventurer drew off to an easy win in her Belmont Park debut for Stonestreet Stables.
Sheikh Mohammed and other top buyers are ready to shop at the yearling auction in upstate New York.
Even though the National Weather Service issued an excessive heat warning for the Lexington area July 7, it didn't keep buyers and consignors away from Fasig-Tipton's Newtown Paddocks complex.
The next edition of the popular live podcast, Talkin' Horses with The Blood-Horse will feature Michael Hernon and Brian Graves from the Lexington-based Gainesway Farm.
Thunder Moccasin didn't command huge prices in the auction ring, but he always was physically impressive.
A strapping Candy Ride colt became the highest-priced yearling sold so far during the Keeneland January horses of all ages sale in Lexington when he brought $300,000 during the second session's first hour Jan. 11.
The average price and median price were up 19.6% and 25%, respectively, through the first six sessions.
Falling prices at boutique sales in France and Saratoga suggest the prices for fancy horses in Keeneland's select sessions will be more vulnerable this year.
The Fasig-Tipton July select yearling sale, held July 20-21 in Lexington, ended with significant setbacks in gross revenue, average price, and median price, but managed to lower its buy-back rate from a year ago slighty. Read what sale company officials and sale participants had to say about the market.
Boyers and consignors discuss the market at the Fasig-Tipton Saratoga select yearling auction, held Aug. 4 and 5 in New York.
If the massive Keeneland September auction is the Wal-Mart of yearling sales, then Fasig-Tipton's Saratoga select auction is the stylish little boutique. There are only 195 horses in the Saratoga catalog, and some of their pedigrees are quite fancy. Horses by such top sires as A.P. Indy, Distorted Humor, and Storm Cat are scheduled to be offered during the sale's two-night run, Aug. 4 and 5, in New York.
A colt from the first crop of Unforgettable Max sold for $330,000, and the buy-back rate rose to 44.1% during the first session of the Fasig-Tipton Kentucky July select yearling auction July 14. The average price rose 5.4% and the median stayed steady at $75,000. The sale continues Tuesday.
Brian Graves, director of public sales for Gainesway, said the market was good through the Keeneland September yearling sale's first four days, and he looks for it to be strong and more consistent over the weekend and early next week.
Even with a $2.2-million Mr. Greeley colt, the Fasig-Tipton Saratoga select yearling auction experienced downturns.
Many buyers were pleased with the prices they paid for yearlings at the Fasig-Tipton Kentucky select sale, and some buyers were relieved the downturns weren't worse.
The first offspring of grade I winner and record setter Forest Danger was born Jan. 13 at Needham-Betz Thoroughbreds near Lexington. The bay filly, bred by Needham-Betz Thoroughbreds, Dr. Chuck Kidder, Peter Lamantia, and Brian Graves, is out of the stakes-placed mare Gimme Some Love.
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