The equine marketplace took another step on the road to recovery as the Keeneland January horses of all ages sale posted huge gains in Lexington.
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.
Auction participants give their opinions about the performance of the first major Thoroughbred auction of 2012.
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.
Gross, average, and median during first session of January sale increase 30.4%, 16.6%, and 60%, respectively.
Consignors and buyers generally were busy and in a good mood one day before the start of the Keeneland January horses of all ages sale in Lexington.
Here is a list of some of the auction's most attractive prospects Jan. 9-10 based on their bloodlines.
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.
The Ocala Breeders' Sales Co. winter mixed sale in Central Florida will have a new horses of racing age section in 2012. The horses of racing age will be offered consecutively in a designated portion of the catalog.
Even though there were widespread stud fee reductions in 2009 and 2010, consignors and their clients still are struggling to make money.
The Keeneland January horses of all ages sale enjoyed increases in the number of horses sold, gross, and average price during its five-day run in Lexington. Read what people had to say about the market.
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.
With four of the five sessions completed, the number of horses sold and average price are ahead of 2010's pace at the same point, the median is holding steady, and the buy-back rate is about the same.
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
Grade II winner Alpha Kitten made a mid-afternoon appearance in Keeneland's auction ring and brought $405,000 during the second session of the January horses of all ages sale in Lexington.
Grade II winner Secret Gypsy is headed to Japan after being sold for $540,000 early in the afternoon of the second session of the Keeneland January horses of all ages sale in Lexington.
Princess Janie, a stakes-winning Elusive Quality mare who is in foal to Tiznow, brought $330,000 early in the afternoon of the Keeneland January horses of all ages sale's second session in Lexington.
A strapping Candy Ride colt became the highest-priced yearling sold so far during the Keeneland January horses of all ages sale in Lexington when he brought $300,000 during the second session's first hour Jan. 11.
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.
Grade I winner Ave became the first horse to bring a seven-figure price at the Keeneland January horses of all age sale when she sold for $1.4 million three-quarters of the way through the first session in Lexington Jan. 10.
Wickedly Perfect, winner of the Darley Alcibiades Stakes (gr. I) at Keeneland in 2010, returned to Keeneland and brought $800,000 during the opening session of the January horses of all ages sale in Lexington Jan. 10.
Even though the weather could have been better, the mood generally was positive in the barn area at Keeneland as horsemen prepared for the first major Thoroughbred auction of the year, the January horses of all ages sale.
According to Chris Baker, the racing and farm manager for the late Edward P. Evans' Spring Hill Farm, the 4-year-old colt needs a little more time to recuperate from surgery.
The two most recent winners of Keeneland's Alcibiades Stakes (gr. I), Negligee and Wickedly Perfect, are scheduled to go through the sale ring on the auction's opening day.
Keeneland will introduce a new member of its management team and a new technological innovation designed to aid buyers during its January horses of all ages sale, which begins its five-day run in Lexington Jan. 10.
Barretts has cataloged 392 horses for its 2011 January mixed sale. The auction will be held Jan. 24 at the Hinds Pavilion on the grounds of Fairplex Park in Southern California. It will begin at 10 a.m. (PST).
Wickedly Perfect and Negligee, the two most recent winners of the Darley Alcibiades Stakes (gr. I) at Keeneland, are among the horses cataloged for the 2011 Keeneland January horses of all ages sale.
Declines in gross and median are less steep than they were in 2009.
"The best is yet to come," according to the trainer, who says the operation is downsizing to focus on quality.
Lack of quality stock in the Keeneland January horses of all ages sale in Lexington contributed to an overall decline in prices during the first three days, according to buyers and consignors.
Third session gross plummets 42.4% while median price plunges 45%.
Grade I winners Point Ashley and Spoken Fur, both in foal to Ghostzapper, have been sold privately after being scratched from the Jan. 12 second session of the Keeneland horses of all ages sale.
Gross and average rise, but results for overall sale remain down.
Gross declines 44.8%, and median drops 25.9% from a year ago.
Mare was expected to be one of top sellers during Keeneland auction's first session.
These horses could bring high prices as the Keeneland auction kicks off Jan. 11.
Listed are horses that could bring high prices, based on their pedigrees or horsemen's comments, during the second session of Keeneland's horses of all ages sale.
Conditions were brutal at Keeneland Jan. 9, two days before the start of the Central Kentucky company's horses of all ages sale.
Keeneland officials hoping demand is solid for short yearlings in January sale.
Half-brother to Lookin At Lucky also scratched from Central Kentucky auction.
Auction will be held Jan. 25 and 26 at the Hinds Pavilion on the grounds of Fairplex Park in Southern California.
Barretts opens its 2009 selling season with a January mixed sale on the grounds of Fairplex Park in Southern California. The auction, which has more than 300 horses in its catalog, begins at 11 a.m. (PST) Jan. 26.
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.
Splash of Vanilla, believed to be the only Thoroughbred registered as a palomino that has ever been cataloged for a Keeneland sale, was sold for $14,000 to Dr. Naveed Chowhan during the final session of the January horses of all ages auction in Lexington. Chip Muth of Georgetown, Ky., signed the sale ticket for the 2-year-old filly with the golden coat Jan. 17.
Florida-based pinhooker Christy Whitman bought what she thought was a unique yearling during the fifth session of the Keeneland January horses of all ages auction, and she's hoping that shoppers at a future sale will be attracted by his white coat color, which is unusual for a Thoroughbred.
A Street Cry yearling filly was the only horse to bring a six-figure amount as the gross revenue, average price, and median price dropped dramatically for the fourth consecutive day at the Keeneland January horses of all ages sale in Lexington.
Read what participants in the Keeneland January horses of all ages sale had to say during the auction's fourth session Jan. 15 in Lexington.
Splash of Vanilla, believed to be the first Palomino Thoroughbred entered in a Keeneland auction, arrived on the sale grounds in Lexington Jan. 15 around noon and then settled down in Barn 24. The 2-year-old filly is scheduled to be offered as Hip. No. 2176 during the Jan. 17 final session of Keeneland's horses of all ages sale.
Session three of the Keeneland January horses of ages sale in Lexington was brightened by the most expensive yearling sold so far, a $390,000 son of Maria's Mon. But the auction's key business figures remained grim when compared to 2008's results.
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