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Kitty Taylor of Warrendale Sales discusses the yearling market. watch video
The appeal of first-year sires for buyers at the Keeneland September yearling sale, which waned during the Great Recession, seems to be making a comeback in 2013.
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.
Top consignors commented favorably about Keeneland's new format for a four-day 'Book 1' of its September yearling sale for 2013.
Hunter Simms, who joined Warrendale Sales four years ago, has become a partner with owner Kitty Taylor in the Lexington equine sales company.
The Fasig-Tipton July select sale is where a well-conformed yearling that might not have the very best pedigree can shine. The auction is scheduled for July 10 in Lexington.
Thunder Moccasin didn't command huge prices in the auction ring, but he always was physically impressive.
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.
Eric Mitchell discusses the Fasig-Tipton Saratoga Sale with Kitty Taylor and David Hanley. David is presenting a Raven's Pass yearling this year. Sponsored by Taylor Made Sales. Watch Video
The Fasig-Tipton July select yearling auction has fewer horses and is shorter this year. Those are changes that should appeal to both buyers and sellers, according to the company's vice president of sales, Bayne Welker.
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.
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.
Shoppers probably will remain cautious even though Breeders' Cup runners and their close relatives will be available.
The Fasig-Tipton Kentucky select auction is the first major sale of the yearling selling season.
Bert Welker has joined Kitty Taylor's Warrendale Sales as a bloodstock associate. He previously was the general manager at Audrey Haisfield's Stonewall Farm near Versailles, Ky.
With the economy struggling and the buy-back/no bid rates at Thoroughbred auctions rising, the issue of unwanted horses is a growing concern. Antony Beck, president of Gainesway Farm in Lexington, decided to try to do something about by sponsoring an adoption service on the Web site of The Blood-Horse's sister publication, The Horse (www.TheHorse.com).
Buyers and consignors discuss the market at the Keeneland September yearling sale during first four days, but especilly during the third and fourth sessions.
The Fasig-Tipton Kentucky July select auction got the yearling selling season off to a sobering start in Central Kentucky. The buy-back rate rose while the number of horses sold, gross revenue, average price, and median price all declined.
Consignors say they have plenty of prospective buyers interested in their yearlings even though the news about the Ameican economy isn't good.
While a larger catalog could help the Fasig-Tipton Saratoga select yearling, but overall surplus of horses in the marketplace might be a problem.
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.
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.
Jess Jackson went to $900,000 for a son of Distorted Humor during the fourth session of the Keeneland September yearling sale Thursday.
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