With the major November breeding stock sales delivering stronger than expected results for many sellers, consignors heading back to Keeneland's auction ring in January are predicting that the market will remain healthy.
Led by a $260,000 Cherokee Run mare, the Keeneland November sale racked up more gains at Saturday's fifth session Nov. 9, and surpassed 2012's total gross with six days left in the auction.
Keeneland's September yearling sale ended Saturday with strong gains over last year that justified pre-sale optimism and signaled that commercial Thoroughbred breeding has regained solid financial footing.
Keeneland's September yearling auction in Lexington, Ky., continued to produce strong numbers Sept. 14 as selling moved into Book Two and the open portion of the sale.
Optimism is high heading into the 12-day Keeneland September yearling sale. A new four-day format for Book One greets buyers and sellers beginning Sept. 9.
Keeneland officials announced July 31 that 3,908 yearlings have been cataloged for its 2013 September yearling sale. The sale which will run under a new format, will be held Sept. 9-21.
Keeneland sales officials March 13 announced a redesign of the format for the 2013 September yearling sale, to be held Sept. 9-20.
Strong numbers from first three sessions of Keeneland January will assure improved total sales and average price compared with last year's totals, but the five-day sale saw a slight drop in session four.
The third day of the Keeneland January horses of all ages sale saw a Medaglia d'Oro yearling colt make headlines while steady interest in both yearlings and broodmares helped the median nearly double compared with last year.
The first session of Keeneland's January horses of all ages sale registered improved gross and average compared with the first session last year as 201 horses sold for $15,331,400, up 10.04%. Average price improved 14.42%.
Buyers will have the opportunity to purchase horses from the Issam Fares' Fares Farm dispersal at a Keeneland January sale that will feature a larger catalog compared with last year.
Wealthy buyers' enthusiasm for the young and the beautiful fueled the market again during the second session of the Keeneland November breeding stock sale.
- By Esther Marr
Esther Marr talks with Keeneland Director of Sales Geoffrey Russell. Esther also asks Geoffrey about Breeders' Cup Ladies' Classic winner Royal Delta in last year's sale. watch video
With the economy improving and the Thoroughbred market rebounding, Keeneland officials are anticipating a robust November breeding stock sale. The auction will kick off its 11-day run Nov. 6 in Lexington.
The Keeneland September yearling sale crossed the finish line of its marathon run Sept. 21 in Lexington with average and median prices that increased for the third year in a row.
A.P. Indy's last offspring have been sold at the Keeneland September yearling auction, ending an era in the Thoroughbred marketplace.
Market is stable during books one and two of the auction's catalog even without great support from John Ferguson and the absence Besilu Stables.
The Keeneland September auction completed its first four days - books one and two of the sale's catalog - with more seven-figure horses than in 2011's entire auction.
A $700,000 Tapit colt topped the session, which marked the beginning of book two of the Keeneland auction's catalog following an opening select session.
- By Esther Marr
Esther Marr asks Keeneland's Director of Sales, Geoffrey Russell, about A.P. Indy and interest in horses prior to the sale. Sponsored by Taylor Made Sales Agency. watch video
The Keeneland September yearling sale is smaller and shorter this year, but it's still the largest auction of its kind in the world. There are 3,604 horses in the catalog.
The market was bullish at the top during the Keeneland sale of 2-year-olds in training April 9 in Lexington. The most expensive price for an individual horse increased to $700,000 from $625,000 last year.
Keeneland's juvenile auction, which is scheduled for April 9 in Lexington, will close out a selling season for select 2-year-olds in training that has been generally positive.
Seven horses zipped an eighth of a mile in :9 4/5 during the under tack show for the Keeneland sale of 2-year-olds in training.
Yearlings were the stars during the third session of the surging Keeneland January horses of all ages sale in Lexington. The three top-priced horses Jan. 11 were foals of 2011.
The Keeneland January horses of all ages sale continued to sizzle during its second session in Lexington. Gross surpasses total for entire five-day auction last year.
Looking back to 2011 and ahead to this year's first major auction, the Keeneland January horses of all ages sale, Geoffrey Russell said he was expecting more of the same. And that's a good thing.
Keeneland has cataloged 1,594 horses for its four-day 2012 January horses of all ages sale, which is down 12.75% from the total 1,827 cataloged for the 2011 sale held over five days in Lexington.
The latest edition of the Keeneland November breeding stock sale has more momentum than a charging rhino.
History was made during the third session of the surging Keeneland November breeding stock sale in Lexington, which enjoyed big increases in gross, average price, and median for the third day in a row.
The Keeneland November breeding stock sale has two major attractions to tempt buyers, with the dispersals of well-bred horses owned by the late Edward P. "Ned" Evans and the late Prince Saud bin Khaled's Palides Investments.
Chauncey Morris, a sales marketing associate at Keeneland, has been named chief executive officer of Thoroughbred Breeders of Australia.
Gross sales ended up 12.7% higher than a year ago, the average rose 18% to $76,511, and the median was up 20% to $30,000.
Yearlings from New York, Pennsylvania, and other states with casino-fueled purses prove attractive at Keeneland September yearling sale.
A day after the Keeneland September yearling sale topped its 2010 gross with five days to go, the ninth day of selling was up over last year. And the importance of that development goes far beyond the numbers.
The Keeneland September sale experienced what pinhooker Hoby Kight described as a "feeding frenzy" during its fifth session Sept. 15 in Lexington.
Lenny and Steve interview Geoffrey Russell and Rick Porter, discuss Life At Ten/John Veitch, Breeders' Cup Classic and Mile, Gio Ponti and Havre de Grace. Sponsored by Darby Dan Farm. Watch Video
Esther Marr recaps Day 3 of the Keeneland September Yearling Sale, including comments from Geoffrey Russell, Keeneland Director of Sales. Sponsored by Taylor Made Sales Agency. Watch Video
Business wasn't as brisk the second evening of the Keeneland September yearling sale in Lexington as it was on opening night. But the select portion of the auction still managed to post increases in its key business figures.
Esther Marr dissects the Keeneland September Sale day 1 results and interviews Keeneland's director of sales Geoffrey Russell. watch video
Esther Marr talks to Geoffrey Russell, Keeneland Director of Sales, about expectations and predictions for the sale. Watch Video
Keeneland officials Aug. 10 announced that 4,319 horses have been cataloged for its September yearling sale, to be held Sept. 11-24.
The Keeneland sale of 2-year-olds in training April 11 in Lexington will close out this year's select juvenile selling season, which has produced mixed results.
With the sun shining in Lexington and the temperature climbing into the 70s, four horses turned in workout times at an eighth of a mile that were under :10.
Keeneland Association officials have made several adjustments to the format for its 2011 September yearling sale.
Breeders have done a good job cutting the numbers of horses that they breed and reducing the stud fees of stallions. Now, some other things have to happen for the Thoroughbred industry to get out of its slump. Read Blog
The slumping market in recent years at the Keeneland January horses of all ages sale took a turn for the better in several important statistical categories during the auction's latest edition in Lexington.
The Keeneland January sale turned in a solid third session even though the number of quality mares and yearlings on offer decreased significantly from the Central Kentucky auction's first two days.
Average price also increases even though the second session wasn't as strong as the first during the 2011 Keeneland January horses of all ages sale in Lexington
The New Year started on a happy note at Keeneland as the January horses of all ages sale finished its opening session in Lexington Jan. 10 with huge increases of 62.2% in gross and 53.5% in average price from 2010.
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