Geoffrey Russell

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Keeneland Sale Ends on Encouraging Note

Keeneland Sale Ends on Encouraging Note

A globally diverse group of buyers, robust trade, and the highly prized pedigrees available through the Overbrook Farm dispersal combined to produce promising results at Keeneland's November Breeding Stock Sale, which concluded Nov. 22.

Keeneland's Gross Sales Up Again

  • Sales
Keeneland's Gross Sales Up Again

Gross sales rose for a third consecutive day on Friday at Keeneland's November breeding stock sale, led by the sale of Dancing Shoes, in foal to Unbridled's Song, for $400,000.

Overbrook Stock Boosts Keeneland's 2nd Day

Overbrook Stock Boosts Keeneland's 2nd Day

High quality stock from the Overbrook Farm dispersal and stronger participation by American buyers at the top of the market boosted the results for the second session of the Keeneland November breeding stock sale.

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.

Keeneland Sale Ends With Major Declines

Keeneland Sale Ends With Major Declines

The marathon Keeneland September yearling sale drew to a close Sept. 28 with some of the biggest declines in key statistical categories in recent history as the gross receipts fell 41.5%, the average was down 33.2%, and the median was off 40.5% for the 14 sessions.

Keeneland Sept. Sale Market Still Merciless

  • Sales
Keeneland Sept. Sale Market Still Merciless

The Keeneland September yearling auction continued its merciless battering of commercial breeders and consigners, posting results that fell far short of last year's figures for the third consecutive day.

Keeneland to Accept Online Bids for RNAs

Keeneland to Accept Online Bids for RNAs

Keeneland is unveiling technological innovations and features for all its sales, including a new service to promote the sale of horses that did not reach their reserve in the auction ring, as well as the re-launch of its mobile site.

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.

SITA's New Mare Policy Causes Confusion

Fasig-Tipton and Keeneland executives are raising questions about the the Society of International Thoroughbred Auctioneers' new guidlelines for older mares and barren mares, saying the policies they had agreed to support differed on one key point from what has appeared in recent published reports.

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.

Keeneland Sale Features 212 Juveniles

Keeneland Sale Features 212 Juveniles

Keeneland has cataloged 212 juveniles for its April Two-Year-Olds in training sale, to be held Monday and Tuesday evenings, April 6-7. Sessions begin at 7 p.m. ET. The Preview Show will be held Thursday, April 2, beginning at 10:30 a.m.

Keeneland Final Gross Down 53.4%

Keeneland Final Gross Down 53.4%

The final results of the Keeneland January horses of all ages sale in Lexington were sobering, with setbacks of 53.4% in gross revenue, 48% in average price, and 44.1% in median price from a year ago. But they weren't anything new to the people who market Thoroughbreds.

Downward Spiral Continues at Keeneland

Downward Spiral Continues at Keeneland

The Keeneland January horses of all ages sale continued its scary downward spiral during the second session of its six-day run in Lexington. The gross revenue Jan. 13 dropped 66.2% from a year ago while the average price fell 61.6%. The median price plunged 55.8% while the number of horses sold was down least of all, 12.1%.

Keeneland Opening Average Plummets 45.9%

Keeneland Opening Average Plummets 45.9%

The results were grim, but not surprising, as Keeneland opened its January horses of all ages sale in Lexington during a time of worldwide economic downturns. The gross revenue Jan. 12 plummeted 44% from the auction's first session in 2008 while the average price dropped 45.9%. The median price suffered the most damage, falling 50.9%.

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