Elm Tree Farm

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F-T Auction Kicks Off Yearling Selling Season

F-T Auction Kicks Off Yearling Selling Season

Even though the stock market has been enjoying a recent rally, buyers and sellers of young horses aren't expecting a similar rebound in yearling prices. Heading into the Fasig-Tipton Kentucky July select auction, which kicks off the 2009 yearling selling season, some people were predicting further downturns of 30% or more in key business figures, mainly because the health of the overall economy, here and abroad, remains weak.

Tapit Colt Tops Keeneland Session

A weanling colt by Tapit was purchased by agent Ben Glass for $250,000 to top the Nov. 10 session of the Keeneland November breeding stock sale. Overall, the session saw a continuation of the trend throughout the sale in which numbers declined in all major statistical categories.

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