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Buy-Back Rate Falls at F-T Midlantic Sale

Buy-Back Rate Falls at F-T Midlantic Sale

The Fasig-Tipton Midlantic sale of 2-year-olds in training ended its two-day run May 19 in Timonium, Md., with downturns of 11.6% in average price and 10.7% in median price that weren't nearly as severe as the setbacks experienced by many other juvenile auctions this year. In addition, the buy-back rate declined significantly, from 34.1% in 2008 to 23.1%.

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