Dramatic upswings in stud fees for 2012 aren't expected, but some successful stallions will be priced higher.
Friday, September 30, 2011
According to some of the Keeneland September yearling auction's participants, the Keeneland November breeding stock sale should turn in an upbeat performance.
Thursday, September 29, 2011
The Breeders Sales Company of Louisiana's yearling auction posted major increases of 41.6% in average price and 34.3% in median price while experiencing a downturn in the buy-back rate Sept. 27.
Wednesday, September 28, 2011
Stories about Thoroughbred auctions focus a lot on key business figures such as gross, average price, and median price. But for sellers, the most important numbers are the ones that show whether or not they made a profit.
Wednesday, September 28, 2011
The Keeneland September yearling sale enjoyed upswings in gross, average price, and median price for the second year in a row. Read what buyers and sellers had to say about the market.
Tuesday, September 27, 2011
The Keeneland September sale experienced what pinhooker Hoby Kight described as a "feeding frenzy" during its fifth session Sept. 15 in Lexington.
Thursday, September 15, 2011
The Keeneland September yearling sale kept the momentum going during its fourth session, continuing to generate numbers that were encouraging to consignors and sale company officials.
Wednesday, September 14, 2011
Not everybody was shopping for items in the wildly popular new Missoni collection at Target stores Sept. 13. In Lexington, many people were busy buying horses at Keeneland.
Tuesday, September 13, 2011
Catherine Parke of Valkyre Stud wasn't thinking about an exotic vacation or buying a new car after selling a Bernardini filly for $1.2 million during the third session of the Keeneland September yearling auction.
Tuesday, September 13, 2011
Business wasn't as brisk the second evening of the Keeneland September yearling sale in Lexington as it was on opening night. But the select portion of the auction still managed to post increases in its key business figures.
Tuesday, September 13, 2011Australian Ron Gilbert, owner of Highgrove Stud, a leading commercial Thoroughbred nursery in Queensland, made his initial venture into the American sales market Sept. 12.
Monday, September 12, 2011
Read what people had to say about the opening session of the Keeneland September yearling sale in Lexington.
Monday, September 12, 2011
Benjamin Leon, Jr., who made a big splash at the top of the yearling market last year, is back shopping at Keeneland.
Monday, September 12, 2011
With domestic buyers, like Benjamin Leon Jr. (shown here), playing aggressively at the top of the market, the Keeneland September yearling sale got off to a promising start Sept. 11 in Lexington.
Monday, September 12, 2011
Here is a list of horses that consignors and buyers believe could bring big prices during the second and final select session Sept. 12 of the Keeneland September yearling sale.
Sunday, September 11, 2011
Here is a list of horses that could bring expensive prices during the Keeneland September yearling sale's opening session.
Saturday, September 10, 2011
Buyers and consignors discuss their expectations for the market at the Keeneland September yearling auction.
Saturday, September 10, 2011
While rest of the world worries about the European debt crisis and America's high unemployment rate, horsemen are starting to see signs that the struggling Thoroughbred market is taking a turn for the better.
Friday, September 09, 2011
Tattersalls Ireland has cataloged 542 horses for its September yearling sale. The auction will be held Sept. 20 and 21 near Ratoath in County Meath.
Tuesday, August 16, 2011The Tattersalls Ireland September yearling sale posted increases of 6.8% in the number of horses sold and 10.6% in gross revenue from a year ago during its two-day run, which ended Sept. 22.
Thursday, September 23, 2010
Even though the Keeneland September yearling sale is nearing its end, it still has plenty of momentum.
Wednesday, September 22, 2010
Average is virtually the same as last year and median is the same.
Tuesday, September 21, 2010Buyers at the Keeneland September yearling sale prefer the offspring of proven stallions.
Tuesday, September 21, 2010
Buyers and consignors discuss the market and the new format.
Monday, September 20, 2010
The average price and median price were up 19.6% and 25%, respectively, through the first six sessions.
Friday, September 17, 2010
Two of the stallion's progeny bring $550,000 apiece during the Keeneland auction's fifth session.
Thursday, September 16, 2010
And he's finding plenty of prospects, according to his adviser, Rick Nichols, even though some European shoppers say European turf potential is lacking in pedigrees.
Thursday, September 16, 2010
The cumulative average price of $181,131 and median price of $120,000 are ahead of last year's pace by 8.2% and 9.1%, respectively.
Wednesday, September 15, 2010
Buyers and consignors, for most part, like the new format for the select sessions.
Monday, September 13, 2010
Keeneland officials, who said they changed the September yearling sale's format in an effort to add excitement to the auction, got exactly what they wanted Sept. 12 in Lexington.
Monday, September 13, 2010Catesby Clay's Runnymede Farm near Paris, Ky., has enjoyed a string of successes that could not have been more perfectly timed.
Sunday, September 12, 2010
Here is a list of horses that consignors and buyers believe could bring expensive prices during the Sept. 13 second session of the Keeneland September yearling sale in Lexington.
Sunday, September 12, 2010
The Keeneland September yearling sale's select sessions will be memorable because two of the last three foals sired by the great stallion Storm Cat are scheduled to be offered.
Saturday, September 11, 2010
Read what buyers and consignors had to say before the auction started in Lexington.
Saturday, September 11, 2010
Here is a list of horses that consignors and buyers believe could bring expensive prices during the Sept. 12 opening session of the Keeneland September yearling sale in Lexington.
Saturday, September 11, 2010
Falling prices at boutique sales in France and Saratoga suggest the prices for fancy horses in Keeneland's select sessions will be more vulnerable this year.
Friday, September 10, 2010
Keeneland has cataloged 4,857 horses for its September yearling sale. The number, which declined for the second year in a row, is down 6.4% from 2009's total of 5,189 and represents a 12.6% decline from the 2008 record 5,555.
Thursday, July 29, 2010
An Unbridled's Song colt brought $185,000 to top the ninth session of the struggling Keeneland September yearling sale. While the number of horses sold Sept. 23 in Lexington rose 5.6% from a year ago, the gross revenue declined 26.2%. The average price dropped 30.1%, and the median price plunged 40%. The buy-back rate fell from 24.6% in 2008 to 19.3% this year.
Wednesday, September 23, 2009
The Overbrook Farm dispersal, which began at the Keeneland September yearling sale, will not mark the end of the Young family's involvement in the Thoroughbred business. Chris Young, the 34-year-old grandson of Overbrook founder W.T. Young, is making plans for his own venture that probably will emphasize racing.
Wednesday, September 23, 2009
David Hayden has a message for his fellow commercial breeders: "Change or die." The ability to be flexible during hard times, he said last week at the Keeneland September yearling sale in Lexington, is the key to survival. And Hayden, who plans to keep raising horses for many years to come, has looked at everything from production costs to where he will market his yearlings in an effort to remain profitable and avoid drowning in a sea of red ink.
Wednesday, September 23, 2009
From the very beginning of the Keeneland September yearling sale in Lexington, it was apparent that there would be a major correction in the market for young horses as key business figures suffered significant setbacks. Here are comments from auction participants during the first week of the sale.
Wednesday, September 23, 2009When Goulash's Unbridled's Song colt brought $925,000 to top the opening session of the Keeneland September yearling auction Sept. 14, the prognosis for the Mari's Book mare looked grim. She is battling laminitis, and there were concerns that she would need to be euthanized just days after her son had been sold.
Thursday, September 17, 2009Stallion managers slashed stud fees last year after this country's recession deteriorated into a financial crisis and spread around the world. With prices for Thoroughbreds continuing to decline after falling significantly in 2008, commercial breeders are calling for even more stud fee reductions for 2010.
Wednesday, September 16, 2009
One day prior to the Sept. 14 start of the Keeneland September yearling sale in Lexington, there was a lot of uncertainty about how the market would perform at a time when the economy was continuing to struggle. There also were some questions about what was going on around the sale grounds. Here they are, and here are their answers.
Monday, September 14, 2009
Here is a list of horses that consignors and buyers think could be standouts Sept. 14 during the first session of the Keeneland September yearling sale in Lexington.
Sunday, September 13, 2009
The weekend before the Sept. 14 start of the Keeneland September yearling sale in Lexington, the auction's participants were worrying about the market and trying to guess how much it would be down from 2008. But some consignors were pleasantly surprised by how many people were looking at their horses. Here is what some of them had to say.
Sunday, September 13, 2009
Azeri, who was bought back for $4.4 million at this year's Keeneland January horses of all ages sale, has been entered in the upcoming Keeneland November breeding stock sale, according to John Sikura of Hill 'n' Dale Sales Agency and Hill 'n' Dale Farms. Owned by the Allen E. Paulson Living Trust, the 2002 Horse of the Year is in foal to Distorted Humor after producing a Ghostzapper filly this year.
Sunday, September 13, 2009
Consignors at the Keeneland September yearling sale were bracing themselves for one of the most daunting auction challenges of 2009: Finding new homes for thousands of young horses at a time when the weak economy is causing buyer demand for Thoroughbreds to shrink. Buyers, meanwhile, were excited about the prospect of bargains.
Saturday, September 12, 2009
For Gerry Dilger of Dromoland Farm in Central Kentucky, the timing could not have been better. A little more than a week prior to the start of the Keeneland September yearling auction, two juvenile graduates of his breeding and selling program -Hot Dixie Chick and Dublin- scored victories in grade I races at Saratoga.
Saturday, September 12, 2009
The number of horses cataloged to the 2009 Keeneland September yearling sale fell 6.6%, from an all-time high of 5,555 for the auction last year to 5,189. According to Geoffrey Russell, Keeneland's director of the sales, the weakening of the Thoroughbred market in general -- because of problems within the horse industry and economic difficulties around the world -- was an important factor in the decline.
Friday, July 31, 2009