Geoffrey Russell

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Rebound Unlikely During Keeneland Auction

Rebound Unlikely During Keeneland Auction

The Keeneland November breeding stock sale was hammered last year by the global financial crisis, suffering alarming downturns of 45.5% in gross, 39% in average price, and 42.9% in median price after a record-setting run in 2007. This year, consignors and sale company officials are hoping that, at the very least, the declines will slow down, but the odds are against a rebound during the auction's 13-day run, Nov. 10-22, in Lexington.

SITA Will Clarify Policy on Aged Mares

The Society of International Thoroughbred Auctioneers (SITA) will clarify its policy on aged broodmares during its next meeting, according to a press release issued by the organization on July 10. Based on comments by Fasig-Tipton and Keeneland officials, there was confusion about the portion of the policy that addresses broodmares 18 years of age and older and whether the ban recommended by SITA concerns all broodmares of that age or only broodmares of that age that are not in foal.

Keeneland April: More of the Same?

Keeneland  April: More of the Same?

Keeneland's April auction is the year's fifth and final major sale of 2-year-olds in training. The results for the previous auctions have been sobering, and most consignors are expecting to have a tough time again getting the prices they want for their horses April 6 and 7 in Lexington.

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