Teruya Yoshida

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Gross, Average Decline at Japan Foal Sale

The Japan Racing Horse Association (JRHA) foal sale suffered downturns of 33.1% in gross and 32.3% in average during its two-day run that ended July 15 at the Northern Horse Park on the Japanese island of Hokkaido. The three-day gross for the foal and yearling sales combined was down 21.4% from the previous year and the average fell 21.9%.

New Buyers Help Japanese Select Sale

A squadron of bold new buyers in the middle market lifted up the Japan Racing Horse Association select sale, keeping the foal portion nearly on pace with last year's scorching record results even though there were fewer players competing for the most expensive horses.

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