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At Mid-Point, Keeneland Sale Surpasses 2003 Total

By the end of the Monday's session of the marathon Keeneland September yearling sale, the gross of $285,579,700 through seven days of selling surpassed the total receipts of $274,125,300 for all 12 sessions in 2003 and was already the second-highest in sale history.

'Bargain' Storm Cat Yearlings Highlight Final Saratoga Sale Session

Yearlings sired by Storm Cat were in demand Thursday night during the third and final session of the Fasig-Tipton Saratoga yearling sale in Saratoga Springs, New York. After gross and average price declines during the Tuesday and Wednesday sessions, numbers rose during the final session when compared with the same night one year ago.

Task Force To Study Sales Practices Announced

In a press release issued Friday, The Thoroughbred Owners and Breeders Association said it "will take a lead role" in the formation of a task force to study practices involving Thoroughbred sales as suggested by the Alliance for Industry Reform (AIR).

Between the Lines

By Dan Liebman -- Among the comments heard at the Fasig-Tipton Kentucky July yearling sale were two that were neither profound nor lengthy, but nonetheless quite significant. From Patrick Lawley-Wakelin: "People were more prepared this year." From Walt Robertson: "It is a good time to own a horse."

A Happening

By Cot Campbell -- The prime necessary ingredients to attract and retain horse owners are: glamour, recognition, tax benefits, and profit. In that order.

Tattersalls, Goffs Resolve Sale Dates Issues

Following discussions between the two Europea auction companies, Goffs and Tattersalls (Ireland) have agreed to swap the sales dates for the 2003 Goffs Orby and Challenge sale and the Tattersalls (Ireland) September yearling sale.

Adjust Now

By Dan Liebman -- Walking around the Keeneland sale grounds during the September yearling auction, one heard many reasons for the "correction" in the marketplace.

Post-Sale X-Rays Discussed by Aussie, NZ Sale Companies

Two of Australasia's largest bloodstock sales companies, New Zealand Bloodstock and William Inglis & Son, have ruled out post-sale X-rays as the much-anticipated repository system is about to become a reality. But Queensland rival Magic Millions is prepared to entertain X-rays post-sale to determine whether a transaction should stand.

Double Honor Colt Sells for OBSC June Record Price

A record price for the Ocala Breeders' Sales Company's 2002 June Sale of 2-Year-Olds in Training and Horses of Racing Age was established Tuesday when William J. Condren paid $310,000 for College Honor, a colt by Double Honor consigned by Farnsworth Farms.

Stable Market: Non-Select Juvenile Sales in Review

Non-select sales of 2-year-olds in training experienced declines in gross revenue, average price, and median price in 2002. Usually such negative trends are signs of poor economic health. But the losses tended to be minor, and were offset, in part, by a significant decrease in the buy-back rate. In the final analysis, the market for modest juvenile stock this year was fairly stable.

Wednesday Big for Sales

Tattersalls' Breeze-Up Sale and EquineSpectrum's online Mixed Sale both start Wednesday, as do workouts for the upcoming OBS sale.

Capote Filly Has Fastest Time in OBSC Under Tack Show

Yester Morn, a filly by Capote, zipped a quarter-mile in :21 1/5 to post the fastest work at the distance at Saturday's first session of the Under Tack Show for the Ocala Breeders' Sales Company's March Sale of selected 2-year-olds in training.

Medication Policies for Juvenile Sales Tightened

Last year, for the first time, all sale companies that conduct major juvenile auctions in Florida, Kentucky, and California tested horses for drugs following pre-sale under tack shows. This year, two companies, Ocala Breeders' Sales (OBS) and Fasig-Tipton, are tightening their medication policies.

From the Print Edition: First Crop Weanling Report

Most commercial breeders peering into a crystal ball in 1999 saw nothing but blue skies. However, as are the rules, planning out two or three years ahead can prove to be a tricky game. Breeders selling weanlings from first-crop sires in 2001 have experienced more than a little turbulence from the time they planned their 2000 matings to when they brought their crop to market at last month's major breeding stock sales.

From the Print Edition: First Crop Weanling Report

Most commercial breeders peering into a crystal ball in 1999 saw nothing but blue skies. However, as are the rules, planning out two or three years ahead can prove to be a tricky game. Breeders selling weanlings from first-crop sires in 2001 have experienced more than a little turbulence from the time they planned their 2000 matings to when they brought their crop to market at last month's major breeding stock sales.

Consignors Group Maps Strategy for 2002

Members of the National Association of Two-Year-Old Consignors met Monday night in Ocala, Fla., to discuss 2002 objectives, review the accomplishments made by the organization in 2001, and to elect new board members.

Consignors Group Maps Strategy for 2002

Members of the National Association of Two-Year-Old Consignors met Monday night in Ocala, Fla., to discuss 2002 objectives, review the accomplishments made by the organization in 2001, and to elect new board members.

Blue Skies?

By Ray Paulick -- The three nights of horse trading that took place at the Saratoga yearling sale were electrifying.

Yearling Sale, As Viewed From Comfort of Your Couch

For more than three hours Monday night, the Keeneland July yearling sale was beamed into the homes of people who can access the TV Games Network either on cable television or by satellite dish. It was somewhat of a breakthrough for the auction end of the business, which generally gets little exposure away from sale pavilions.

Sales Cycle

By Ray Paulick -- The 2000 Keeneland July yearling sale is going to be a tough act to follow, but that could easily have been said about any of the last five installments of the world's premier auction of young racing prospects.

More of the Same at Keeneland's Juvenile Sale

Sale records were established for average and median during Keeneland's April auction of 2-year-olds in training. But those results didn't tell the whole story about what happened on a cold and snowy spring day in Central Kentucky. The buy-back rate inched upward to a sale-record high. The number sold plunged to a sale-record low. And consignors complained often about buyers who were too picky and too few in numbers. In other words, the auction experienced many of the same problems that afflicted earlier juvenile sales this year in Florida and California.

OBS March Select Sale: Ridin' High

Rubbing his eyes, Randy Hartley tried to stop the tears from flowing. His voice cracked with emotion as he described what it was like to sell a son of Dehere for $1,050,000 at the Ocala Breeders' Sales Company's March select auction of 2-year-olds in training.

Barretts Downturn Coincides With Stock Market Decline

On March 12, the Nasdaq composite index sank below 2000 and the Dow Jones industrial average experienced a staggering 436-point drop. The following day, Barretts conducted its select sale of 2-year-olds in training and suffered one of its worst financial beatings ever. The gross, average, and median all declined sharply. The buy-back rate climbed to its second-highest level in the auction's history. And the sale failed to produce a seven-figure horse for the first time since 1996. Just a coincidence? Gerald McMahon didn't think so. The Barretts president saw a direct link between Wall Street's crash and his California-based company's plummeting fortunes.

In Search of Classic Winners: Sales Are a Prime Source

How do you get a classic winner? Do you build up a broodmare band, then nurture the resulting offspring and race them as homebreds? Or do you leave all the work associated with foal production to someone else and go shopping at one of the many sales that offer young horses? Combing the sales for classic prospects is a viable option. In fact, during the past 15 years, most winners of the Kentucky Derby (gr. I), Preakness (gr. I), and Belmont Stakes (gr. I) were offered at public auction prior to their classic triumphs.

Harsh Reality: Selectivity at Fasig-Tipton Juvenile Sale

Buyers at the top of the juvenile market may turn out in droves for an auction. They may fill the grandstand to watch under tack shows, and send a small army of veterinarians and agents to look at the horses. But they are just as picky as ever, maybe even more so. That was the harsh reality faced by consignors during the Fasig-Tipton Florida select sale at Calder on Feb. 27.

Price No Upset

By Suzi Shoemaker -- When six leading sale companies announced a policy last year of a $1,000 opening bid ("upset") for breeding and paddock sales, it sounded great to most breeders and consignors. But in the first two months of 2001, a lot of Thoroughbreds are suddenly worth nothing.

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