Canadian Select Sale Posts Gains

Two-day select sessions show advances in average, median, and buyback rate.

The CTHS Canadian-Bred Yearling Sale continued Sept. 6th at the Woodbine Sales Pavilion in Rexdale, Ontario. William and Anne Scott of Calgary, Alberta, purchased the sales topper, a son of War Front , for (all funds Canadian) $140,000. Out of the Seattle Slew mare Terrigal, the dark bay colt was bred by Punch and Anne Kent of Hope Stock Farm in Ontario and consigned by Richard G. Hogan, agent.

Bear Stables of Bonnyville, Alberta, purchased a Philanthropist-Pyrenee colt for $120,000 earlier in the session through the Paradox Farm consignment, while later in the evening, a Kitten's Joy -Classic Stamp filly sold for $120,000 to Mark Casse, agent, from the Richard Moylan, agent, consignment. By the final fall of the hammer, 100 yearlings sold for $3,481,500 at an average of $34,815, representing a solid increase in numbers over last year.

The two-day Selected Sale enjoyed positive results with 148 yearlings selling for $4,803,500, up 30% from last year’s total of $3,686,700. The average price was $32,456, 12.7% higher than last year, with the median of $25,000 also showing an increase of 25%. Yearlings not sold also showed an improvement with a decrease of 32.4% over last year’s Selected Sale.

With a total of 232 catalogued, the Open Session of the 2011 Canadian-Bred Yearling Sale starts Sat., Sept. 10th at 2 p.m. The yearlings may be previewed on Friday, beginning at 9 a.m.