October

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Tatts Book 3's Final Average Down 20%

Book 3 of the Tattersalls October yearling sale ended Oct. 16 in England with a downturn from 2008 of 13.2% in gross revenue. The average price dropped 20%, and the median price was down 16.4%. The buy-back rate fell from 34.5% last year to 28.6% this year.

Tatts' Book 2 Ends With Increase in Gross

Tatts' Book 2 Ends With Increase in Gross

Book 2 of the Tattersalls October yearling sale crossed the finish line of its three-day run in England Oct. 14 with a gross that was up 4.5% from a year ago. The average price declined 12.2% while the median price fell 13.8%. The buy-back rate droppped from 29.2% in 2008 to 17.3% this year, which meant that more than 80% of the horses offered found new homes.

Gross and Average Rise at Tattersalls

Colts by Selkirk and Invincible Spirit led the way Oct. 13 during the second session of Book 2 of the Tattersalls October yearling sale, which enjoyed upswings in gross and average price. Each colt sold for 260,000 guineas.

Gross Rises as Tatts Book 2 Sale Opens

The number of horses sold rose 25.6% from 2008 and the gross revenue increased 11.2% during the opening session of Book 2 of the Tattersalls October yearling sale in England Oct. 12. Meanwhile, the average price fell 11.5% while the median price declined 16.7%.

Barretts Cuts Fall Mixed Sale

Barretts Equine Ltd., based at Fairplex Park in Southern California, doesn't have an October mixed sale listed on its 2009 auction schedule. The struggling American economy and downturns in the Thoroughbred marketplace contributed to the decision not to hold the sale, according to Barretts president and general manager Jerry McMahon, who recently announced his resignation from the company.

Barretts' First Session Suffers Declines

With no major dispersals in the mix and working against an ailing economy, the two-day 2008 Barretts October mixed sale began Oct. 27 facing an uphill battle. The first day saw 143 horses sell for $536,600, yielding an average of $3,752 that was 69% last year's event.

Tatts Book 3 Suffers Big Declines

Book 3 of Tattersalls' October yearling sale finished in England Oct. 17 with a 10,389-guinea average price, down 33% from last year, and a 7,000-guinea median price, which represented a 36% decline. The 271 horses that sold (from 414 offered) grossed 2,815,300 guineas.

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