Lyndhurst Farm

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Market Down as NZ National Sale Opens

The New Zealand national yearling auction is trailing behind last year's pace after the opening day in Karaka Jan. 26. During the first session of the sale's premier portion, the 173 horses that sold grossed NZ$25,973,500 (approximately $13,752,189 in U.S. funds) and averaged NZ$150,136 ($79,493). The median price was NZ$100,000 ($52,947).

Average Down Slightly at NZ Sale

New Zealand Bloodstock's ready to run sale of 2-year-olds ended its two-day stand in Karaka Nov. 19 with solid results. The average price of NZ$60,366 was down only 1.3% from 2007's comparable figure of NZ$61,134, which was a record for the auction. The median price of NZ$33,000 represented a drop of 8.3% from NZ$36,000 last year.

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