Ian Tapp reviews the days results and catches up with Pope McLean Jr., director, business manager for Crestwood Farm and Bayne Welker, Fasig-Tipton vice president of sales. watch video
After a strong 2-year-old sales season, Fasig-Tipton Kentucky hopes to build on last year's July sale that saw a 16.3% increase in average price to $81,291 and a 15.1% spike in gross to $15,364,000.
The Fasig-Tipton Saratoga fall mixed and horses of racing age sale generated results that were encouraging to the company's officials.
According to Fasig-Tipton's vice president of sales, Bayne Welker, the good should outweigh the bad for the company's new Saratoga fall mixed and horses of racing age sale in upstate New York Oct. 9.
The Fasig-Tipton July select sale is where a well-conformed yearling that might not have the very best pedigree can shine. The auction is scheduled for July 10 in Lexington.
Fasig-Tipton's Kentucky winter mixed sale, which is scheduled for Feb. 6 in Lexington, could generate some excitement in a rebounding Thoroughbred marketplace.
Fasig-Tipton's Kentucky fall yearling sale soared at the start, and company officials expected the market to remain upbeat throughout the auction's three-day run in Lexington.
The Fasig-Tipton Kentucky fall yearling sale's reputation has improved dramatically in recent years.
The Fasig-Tipton July select yearling auction has fewer horses and is shorter this year. Those are changes that should appeal to both buyers and sellers, according to the company's vice president of sales, Bayne Welker.
Broodmares and broodmare prospects are among the horses that will be offered as the breeding season approaches.
Seeking to add a little bit spice to their Kentucky winter mixed sale, Fasig-Tipton officials decided to devote a portion of the Feb. 7 auction in Lexington to no guarantee seasons to prominent stallions.
The Fasig-Tipton Kentucky fall yearling sale bucked the generally negative trends in 2009, posting increases in gross, average price, and median price while many other auctions were suffering major setbacks.
A little less uncertainty might make New York-bred yearlings more popular during the Fasig-Tipton preferred auction.
For the first time, Fasig-Tipton is offering video clips of yearlings cataloged for this year's Saratoga select yearling sale on its website.
Graves is the vice president of recruiting and selections; Welker is the vice president of sales.
Sale company officials hopeful the market has stabilized after big downturns in 2009.
Bert Welker has joined Kitty Taylor's Warrendale Sales as a bloodstock associate. He previously was the general manager at Audrey Haisfield's Stonewall Farm near Versailles, Ky.
The 2008 Fasig-Tipton Kentucky winter mixed auction posted an 18.9% gain in average price. The gross revenue rose 1.9% while the median price remained the same as in 2007. But this year's edition of the sale, scheduled for Feb. 9 in Lexington, isn't expected to perform as strongly.
The final results of the Keeneland January horses of all ages sale in Lexington were sobering, with setbacks of 53.4% in gross revenue, 48% in average price, and 44.1% in median price from a year ago. But they weren't anything new to the people who market Thoroughbreds.
Bayne Welker will join Fasig-Tipton's management team as an account executive early next year. He has been the director of public sales and stallion marketing at Mill Ridge Farm near Lexington for nine years. He also is the president of the Consignors and Commercial Breeders Association.
It was more of the same during the second session of the Fasig-Tipton Midlantic Eastern fall yearling sale Sept. 30 at the Maryland State Fairgrounds in Timonium, Md., as gross, average, and median took dives while the buy-back rate climbed.
If two words could sum up the thoughts of the consignors and sale company officials on the eve of the 2008 Fasig-Tipton Midlantic Eastern Fall yearling sale, those words could be 'cautiously optimistic.' The sale kicks off its three-day run Sept. 29 at the Maryland State Fairgrounds in Timonium, Md., with sessions beginning at 10 a.m.
The Consignors and Commercial Breeders Association (CBA) has developed a series of questionnaires that are designed to help standardize the pre-sale information that consignors gather from horse owners or their representatives.
Participants in the Keeneland November breeding stock sale were generally optimistic heading into the auction's 15-day run that begins Monday.
Dr. John and Alice Chandler's Mill Ridge Farm near Lexington announced Nov. 1 that the fees for the farm's stallions would be reduced for 2008.
Gross and average registered double-digit increases while the median dipped slightly at the close of business on the second session of the Fasig-Tipton Midlantic Eastern fall yearling sale Oct. 2 at the Maryland State Fairgrounds in Timonium, Md.
A son of Maria's Mon topped the opening session of the Fasig-Tipton Midlantic Eastern fall yearling sale Oct. 1 at the Maryland State Fairgrounds in Timonium, Md.
Declines, but not big ones, are expected at the Keeneland September yearling sale, which begins Monday.
The Consignors and Commercial Breeders Association has published "Buying Sales Yearlings, Plain & Simple," the third installment in its series of educational booklets.
Bayne Welker, president and chairman of the Consignors and Commercial Breeders Association, has a lot to say about sales integrity and other auction-related issues.
- By Ryan Conley
Questionable Thoroughbred industry sales practices that have been forced into the spotlight by lawsuits and legislation are apparently on the decline.
The Sales Integrity Task Force submitted its first report to Kentucky lawmakers at a Joint Interim Committee on Licensing and Occupations meeting June 19 in Erlanger, Ky.
Owners and sale company officials say recently filed legislation requiring the disclosure of ownership and veterinary records of sale horses would be difficult to implement.
The Consignors and Commercial Breeders Association has developed and adopted a new code of conduct that calls for an end to undisclosed dual agency and commissions.
The 4-year-old Yes It's True filly Truart brought the day's highest bid of $150,000 from John and Martha Jane Mulholland Jan. 12 as young fillies and mares continued to top Keeneland's January horses of all ages sale.
Here's what some buyers and sellers had to say about the Fasig-Tipton Saratoga select yearling auction in Upstate New York on Aug. 8 and 9.
In general, reaction in the Thoroughbred industry has been positive to a Kentucky bill that is designed to protect horse buyers from being defrauded.
The Consignors and Commercial Breeders Association (CBA) has elected its first Board of Directors.
The Kentucky Thoroughbred Farm Managers Club has elected Adena Springs Farms' Steven Nicholson president. Nicholson takes over for outgoing president, Vinery's Ken Wilkens.
The Consignors and Commercial Breeders Association (CBA), which was formed in Central Kentucky earlier this year, has published a 20-page pamphlet about the pre-sale endoscopic evaluation of the throats of horses offered at public auction.
Multiple graded stakes winner, Midas Eyes has been retired to stud duty and will stand at Mill Ridge Farm, in Lexington, Ky.
Shoppers found it tough to buy, and many consignors were happy with the results.
The strength and stamina of the yearling market gets its stiffest test of the year starting Monday, when Keeneland's marathon September auction opens for business at 10 a.m. (EDT).
A weanling by More Than Ready and a 3-year-old half-sister to Holy Bull each brought $100,000 to top Tuesday's session of Keeneland's November Breeding Stock Sale.
Two top fillies are out of the Keeneland September yearling sale.
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