Premier Yearling Sale

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Magic Millions Premier Sale Posts Record Average

The Magic Millions Gold Coast premier yearling sale ended with a record average of Aus$16,464 (U.S.$12,400) for the 366 yearlings sold. The gross revenue climbed to Aus$6,026,000 (U.S.$4,517,400), almost double the 2003 figure.

Gross, Average Fall At New Zealand's Premier Sale

The premier portion of the New Zealand national yearling sale series ended on Wednesday with gross revenues of $37,468,340 (approximately $15,849,108 U.S.funds) and an average price of $102,935 ($46,503) for the 364 horses sold. The gross was down by 21.4% and the average was down by 15.6% from last year's comparable figures of $47,666,150 and $122,000, respectively.

Casual Lies Filly Tops First Session of New Zealand Premier Yearling Auction

Sixty-one horses sold for a gross of $4,903,500 (approximately $2,074,181 in U.S. funds) and an average of $80,385 ($34,121) during the opening session of the Premier yearling sale in New Zealand on Monday. The median for the session reached $70,000 ($29,610). Eighty-two percent of the horses offered were sold, an improvement over the 74% clearance rate on last year's first day, according to a press release issued by New Zealand Bloodstock Ltd.

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