Terry Gabriel

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Fasig-Tipton Texas Gross Drops 46.7%

The Fasig-Tipton Texas December mixed sale, which was the last major Thoroughbred auction of the year in this country, followed the downward trend that has plagued the equine marketplace in recent months. The gross revenue plummeted 46.7% Dec. 14 compared to a year ago, while the average price dropped 36%. The median declined 14.3%.

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