Sale's cancellation is another sign of a contracting Thoroughbred industry. Read Blog
The first two major select auctions of the juvenile selling season sent mixed messages about the health of the marketplace. Read Blog
If the recent Ocala Breeders' Sales Co. (OBS) February select sale of 2-year-olds in training was any indication, it's going to be a tough year for yearling-to-juvenile pinhookers. The rate of return (ROR) on their investment, 30.7%, ranked among their worst ever based on figures that date back to 1990. It was the weakest since the ROR dropped to its lowest point during the 20-year period of 17.1% in 1993.
The market for young horses sizzled as the Ocala Breeders' Sales Co. kicked off the selling season for 2-year-olds in training Tuesday in Central Florida with its February select auction, which attracted a large, diverse group of enthusiastic shoppers.
A colt from the first crop of Smarty Jones became the highest-priced horse sold so far this year at the Ocala Breeders' Sales Co.'s fall mixed sale when he brought $170,000 Wednesday.
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