Keeneland's Director of Sales Geoffrey Russell termed the Nov. 9 session of the Keeneland November breeding stock sale "a very good day at the office" as a slight drop in gross was untainted by a rising average and a strong middle market.
The fourth session of the Keeneland November breeding stock sale produced mixed results, but the cumulative gross revenue and average price continued to remain well ahead of last year's pace in Lexington.
On a day when the U.S. stock market plunged 360 points, the Keeneland November breeding stock sale generated strong enough figures during its third session to keep the auction's cumulative gross up 13.8% and the average price up 9.9% from a year ago.
- By Ron Mitchell
With cumulative increases of 19.3% and 7.3% in gross sales and average price, respectively, during the first two days of the marathon Keeneland November Breeding Stock Sale, the mood within the Lexington sales pavilion was almost euphoric Tuesday, Nov. 6.
While the financial fireworks might not be as spectacular as they were a year ago at the Keeneland November breeding stock sale, consignors and sale company officials still are expecting prices to be solid.
Keeneland's sale of 2-year-olds in training will be conducted earlier in April next year and will have two evening sessions and only one under tack show.
Keeneland's November breeding stock sale will have 15 sessions and 5,415 lots.
The gross revenue and median price for the Keeneland September yearling sale both were the auction's second-second highest ever, and the number of horses sold established a world Thoroughbred auction record.
Led by the $122,000 given for a half-sister to grade II winner Dream Rush, the Sept. 24 session of the 2007 Keeneland September yearling sale again produced lofty percentage increases over the corresponding 2006 session.
A new group of buyers, both local and foreign, were active Sept. 21 at the 11th session of the Keeneland September yearling sale, driving substantial gains and a high clearance rate. A dark bay son of champion sprinter Orientate brought $235,000 to top the session and close the sixth catalog of the 15-day auction.
A filly from the family of Mr. Greeley and Street Sense topped day 10 of the Keeneland September yearling sale. Tom Gentry, agent, bought the Hold That Tiger filly for $182,000 from Four Star Sales, agent.
A bay daughter of Distorted Humor fetched $475,000 and topped the ninth day of the Keeneland September yearling sale as the middle market continued to show its strength by posting across-the-board gains.
The market showed no sign of slowing as Keeneland concluded its eighth day of the September yearling sale.
- By Ron Mitchell
The marathon Keeneland September yearling sale did not lose any momentum by taking a day off Sept. 14, with the following sessions on Saturday and Sunday continuing the upward tick shown during the "open" sessions of the auction.
A son of Lion Heart fetched a bid of $440,000 to top the sixth session and the close of the third catalog of the 15-day Keeneland September yearling sale. Once again, the sale company realized increases in gross, average, and median despite a slight drop in the number of horses sold.
- By Ron Mitchell
After getting off to a rocky start during the two select sessions, the Keeneland September Yearling Sale recovered quite nicely to finish the shortened week on an upward tick.
With the exchange rate in their favor, a plethora of Europeans flocked to the Keeneland September sale to take advantage of bargains they simply couldn't find in their native countries.
Offspring of Distorted Humor led the third session of the Keeneland September yearling sale Sept. 12 at the Central Kentucky auction house on a day that saw the number of horses sold decrease, while the gross, average, and median for the session increased.
The select market at the Keeneland September yearling sale isn't as strong at the top as it was a year ago.
Keeneland sets world record by cataloging 5,553 horses for its September yearling sale.
A record price for a juvenile filly sold at Keeneland was established during the one-day 2-year-old in training sale April 17 when California billionaire B. Wayne Hughes went to $1.75 million for a daughter of Mineshaft.
Keeneland pumped up the promotion of its April sale of 2-year-olds in training last year, and the effort paid off as the auction enjoyed increases in its gross revenue, average price, and median price, which set a sale record. But can Keeneland keep the momentum going Tuesday, when the latest edition of the sale will be held in Central Kentucky?
A colt by Elusive Quality and fillies by Hennessy and Boundary were among the standouts Monday during the second and final under tack show for the Keeneland April sale of 2-year-olds in training.
Robert C. Tanklage and Wesley Ward's One Hot Wish, a 2-year-old filly who posted a world record time of :48.87 for 4 1/2 furlongs in her career racing debut at Keeneland Thursday, will be offered during Keeneland's April juvenile auction Tuesday.
The times were freakishly fast at Keeneland Monday when the first under tack show for a juvenile sale in North America was conducted over Polytrack.
Keeneland catalog for the April sale of 2-year-olds in training has 226 horses. This year's auction will be the first in North America to conduct under tack shows over Polytrack.
Owners and sale company officials say recently filed legislation requiring the disclosure of ownership and veterinary records of sale horses would be difficult to implement.
Keeneland closed out its 2007 January horses of all ages sale by establishing a record gross for the first sale of the year while the average and median both fell from last year's comparable numbers.
Buyers from regional markets were active during Saturday's session of Keeneland's January Horses of All Ages Sale, contributing to strong growth for the day.
Grade I winner Downthedustyroad brought $1.5 million to top the fourth session of the 2007 Keeneland January horses of all ages sale Jan. 11. For the session, the Central Kentucky auction house registered across the board gains, while the cumulative numbers took a small dip.
Following a slow start, the Keeneland January horses of all ages sale picked up steam Wednesday during its third session in Lexington. The number sold, gross revenue, average price, and median price all were ahead of last year's figures for the comparable session.
Keeneland's January horses of all ages sale, which begins Monday in Lexington, will be bigger than ever before. The auction's total of 2,933 lots exceeds by 425 the former January record of 2,508, set last year.
Because of the recent equine herpesvirus-1 (EHV-1) outbreak in Florida, Keeneland officials have issued additional requirements that must be met before horses enter the sale grounds for the January horses of all ages auction.
An internationally broad base of buyers spent a near-record $313,843,800 for 3,147 lots during the Keeneland November breeding stock sale, which concluded Sunday.
A weanling filly from the first crop of Chapel Royal brought the top price of $180,000 during Thursday's session of Keeneland's November breeding stock sale.
Monday's session of the Keeneland November mixed sale saw the sale gross surpass last year's total figure as foreign and domestic buyers kept the market strong. Totals for the eight days of selling reached $290,807,400 while gross sales for the 14-day auction in 2005 totaled $289,602,900
Keeneland's 14-day November Breeding Stock Sale rolled through Sunday's halfway point with gross sales, average and median prices all up over a year ago.
Some record prices, an increase in million-dollar horses, and the presence of the world's top buyers drove significant increases in totals as the Keeneland's November Breeding Stock Sale reached its midpoint Saturday.
American buyers were an active presence at Friday's session of Keeneland's November Breeding Stock Sale, contributing to strong increases across the board.
Season to Afleet Alex also in catalogue.
Keeneland's September yearling auction galloped across the finish line Monday afternoon in Lexington still ahead of last year's hot pace after 14 sessions.
Keeneland set a world record for gross sales at a Thoroughbred auction on Thursday when 10-day totals reached $385,707,000. The sale surpassed the world record mark of $384,349,900 set at last year's 14-day September sale.
Three dozen individuals representing a cross-section of the breeding, racing, and veterinary communities have agreed to participate in the Welfare and Safety of the Racehorse Summit, which is sponsored by Grayson-Jockey Club Research Foundation.
A Johannesburg colt that brought $525,000 became the top seller during Sunday's session of the Keeneland September yearling auction in Lexington. Purchased by John Brocklebank, the bay colt was consigned by Dave Parrish Jr., agent, under the name Indian Creek.
The fourth session of the massive 14-day Keeneland September yearling sale ended on a positive note Thursday with the Central Kentucky auction house realizing increases in gross, average and median. The sale company also reported across the board cumulative increases.
The Keeneland September yearling auction turned in a solid performance Wednesday in Lexington during the first open session following two days of select offerings.
Keeneland's September yearling sale, which opens Monday in Lexington, became the highest-grossing Thoroughbred auction in history last year. That's an achievement that's hard to top, but at least one buyer thinks the auction will build on its record.
Buyers from around the world are converging on Keeneland as it prepares to hold its 62nd annual September yearling sale, beginning Monday in Lexington.
Keeneland has catalogued a record 5,161 horses for its September yearling sale in Lexington.
Despite selling fewer horses and having a large number withdrawn from the ring, the gross, average, and median increased during the Keeneland April 2-year-olds in training sale April 18 at the Central Kentucky auction house.
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