Bullish Market Continues At Keeneland Yearling Sale

Bullish Market Continues At Keeneland Yearling Sale

Strong demand for yearlings continued Wednesday during the ninth session of Keeneland's September Yearling Sale, once again driving double-digit gains in gross, average and median prices.

Strong demand for Thoroughbred yearlings from the world's largest buying bench continued Wednesday during the ninth session of Keeneland's September Yearling Sale, once again driving double-digit gains in gross, average and median prices.

On Wednesday, 311 yearlings were sold for $11,179,500, marking a 36.8 percent increase over the gross of $8,169,500 from the corresponding session last year.

The average of $35,947 was 32.8 percent higher than the average of $27,051 recorded in 2012.

The median of $27,000 rose 35 percent above last year’s $20,000.

Cumulatively, a total of 2,022 yearlings have been sold for $264,436,500, up 23.5 percent from last year’s total of $213,980,500.

The average of $130,780 is up 31.1 percent from $99,758, while the median of $77,000 is 40 percent higher than $55,000 last year.

“The clearance rate today was 88 percent, which is phenomenal,” said Keeneland Director of Sales Geoffrey Russell.

Cromwell Bloodstock, agent, paid $185,000 for the session’s top-priced horse, a colt by Kitten’s Joy out of the winning Stephen Got Even mare Esther Got Even. He was consigned by Dromoland Farm Inc, agent.

The highest-priced filly of the day was a daughter of Ghostzapper sold to Bob Baffert, agent, for $140,000. Adena Springs consigned the filly, who is out of the stakes-placed Cozzene mare Cozy Gain, a half-sister to Grade 3 winner Broad Gains.

The sale continues through Saturday. All sessions begin at 10 a.m.

The entire sale is streamed live at www.keeneland.com.

 

Page: [[$index + 1]]