Despite a filly by Medaglia d'Oro selling for $1.1 million and the session realizing a 3.9% increase in the number of horses sold compared to last year, day four of the 2008 Keeneland September yearling sale Sept. 11 saw declines in gross, average, and median.
No horses inspired buyers to pay dazzling seven-figure amounts during the third day of the Keeeneland September yearling sale in Lexington. But some of the results for the auction's first open session were encouraging after significant downturns during the two select sessions that kicked off the sale.
During the first two sessions of the 2008 Keeneland September yearling sale the Central Kentucky auction company reported 20 requests for testing for exogenous anabolic steroids.
Keeneland director of sales Geoffrey Russell is taking two straight days of declines in the 2008 September yearling sale in stride by saying it is just a factor of the economic world we are living in today. "This establishes what the market is," Russell said at the close of the Sept. 9 session. "Everybody is here and they have now set the table. This is what the world is today, and they have established the value of these horses."
Keeneland officials plan to expand their testing program for exogenous anabolic steroids in sale horses to include the April select juvenile auction. That decision came after Kentucky Gov. Steve Beshear signed emergency regulations Sept. 5 that ban the use of the common steroids boldenone, nandrolone, and testosterone in Thoroughbred and Standardbred racehorses competing in Kentucky.
Some people call the Keeneland September yearling sale a marathon because of its length: 15 sessions this year. Others think it's more like Walmart because of the large number of horses cataloged, which has risen to a record of 5,555. To Geoffrey Russell, Keeneland's director of sales, it's more like a Broadway show.
It's crunch time for North America's Thoroughbred yearling market, which faces its biggest test when the Keeneland September sale gets under way. There are more horses cataloged than ever before, 5,555, and they will be offered over 15 sessions beginning Sept. 8 in Lexington.
Officials of Barretts, Fasig-Tipton, Keeneland, and the Ocala Breeders' Sales Co. (OBS) announced in early September that they were banding together to make major changes in the under tack shows for their sales of 2-year-olds in training. Beginning in 2009, they said they would strictly regulate the use of whips by riders during workouts and would prohibit the use of front toe grabs on horses.
Keeneland will play host to the international Thoroughbred community for the next two weeks as it conducts its 65th annual September yearling sale. The catalog is the largest in the auction's history, with 5,555 horses listed.
Keeneland has cataloged a record 5,555 yearlings for its 2008 September yearling sale, which is scheduled for Sept. 8-23.
Average rises as fewer horses are sold at Keeneland April sale of 2-year-olds in training.
Keeneland director of sales Geoffrey Russell called Tuesday's opening session of the Keeneland April sale of 2-year-olds in training "a success." But the auction will have to seriously improve upon its first night gross of $7,127,000 in Wednesday's second session to equal or surpass last year's total of $16,637,000.
Cool Coal Man's half-brother is the star of the April sale's under tack show.
A Jump Start colt was euthanized Monday after fracturing a tibia during the under tack show for the Keeneland April sale of 2-year-olds in training in Central Kentucky.
It's a year of big changes for the Keeneland April sale of 2-year-olds in training, which will be conducted Tuesday and Wednesday in Central Kentucky.
Keeneland has cataloged 191 horses for its upcoming April Two-Year-Olds in Training Sale, which this year will span two evening sessions, April 8-9. Sessions begin at 7 p.m. ET each day.
The Keeneland January horses of all ages auction generated a sale-record median price during its seven-day run in Lexington, and its average price increased from 2007, while the gross revenue suffered a slight setback even though the number of horse sold plunged.
Wotan sold for $380,000 during Friday's session of the Keeneland January sale.
Yes She Is sells for $240,000 on Keeneland January sale's fourth day.
Three horses sell for seven-figure prices during January sale's second session.
Irish Cherry's $2.7-million price leads the way as gross and average rise at Keeneland.
Consignors are optimistic the day before the start of Keeneland's January sale.
Foreign buyers expected to boost market at Keeneland January horses of all ages sale.
Keeneland's record-setting November breeding stock came to a close Nov. 19, setting a new standard for gross receipts of $340,877,200.
Gross, average, and median all increase in Keeneland November sale's 12th session.
A steady group of buyers continued to provide strength to the market Nov. 15 during the 11th session of the Keeneland November breeding stock sale, resulting in across-the-board increases and a clearance rate of more than 80%. A dark bay daughter of Our Emblem brought $130,000 to top the session and close the sixth catalog of the 15-day auction.
The Keeneland November breeding stock sale's gross reached an all-time high Tuesday. The total soared to $321,774,400 Tuesday in Lexington during the ninth of the sale's 15 sessions, surpassing the former mark of $317,666,000 that had been set in 1999.
Buyers at the eighth session of the Keeneland November breeding stock sale kept things rolling Nov. 12, pushing the gross, average, and median towards positive gains in a session-to-session comparison over 2006.
A strong mix of international and domestic buyers was active Nov. 11 at the seventh session of the Keeneland November breeding stock sale.
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.
Most Popular Stories
- Love the Chase to Sell at F-T November
- Jim Rome Remembers Shared Belief
- Woodward Up Next for Frosted
- Lady Eli's Miracle Comeback Looms
- Unbeaten Enola Gray Steps Up in Torrey Pines
- Del Mar to Cut Race Dates, Open Later in 2017
- Majesto Spikes Fever, to Scratch From Travers
- Runhappy Gets Back to Work at Keeneland
- 'Crook' 50th Black-Type Winner for Freud
- Full Travers Field Awaits Exaggerator