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        BREEDING FORUM >> Keeneland Sale down slightly on previous years
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Torquil



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Posted: Tue Sep 27, 2016 7:02 am

Keeneland’s September Yearling Sale ended yesterday with solid results driven by a competitive market and active participation from the world’s deepest buying bench. The sale produced nine yearlings that commanded $1 million or more, led by a Scat Daddy colt that fetched $3 million to be the highest-priced horse sold at public auction anywhere in the world this year. During the 13 days of trade, Keeneland sold 2,792 horses for US$272,890,500, a fall of 3.06 per cent compared to last year’s 12-day sale when 2,745 horses brought US$281,496,100. The cumulative average of US$97,740 was down 4.69 per cent from last year’s $102,549, while the median decreased 20 per cent from US$50,000 to US$40,000. “This was a very good sale from start to finish,” Keeneland Vice President of Racing and Sales Bob Elliston said. “The results demonstrate the influence of the Keeneland September Yearling Sale. In many respects, this is the world’s marketplace. Buyers know they can get good value here, that this is where you come to buy the most competitive horses available at any price and level of the market.” For the fifth consecutive year, leading North American sire Tapit was the September Sale’s top sire by gross. His 31 yearlings grossed US$19,835,000 and averaged US$639,839, the highest average for a sire represented by three or more yearlings since 2006, when 12 yearlings by Danzig averaged US$1,465,833. Reply
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