After a one-day delay, the Fasig-Tipton Kentucky Winter Mixed Sale kicked off February 8, with deals closing high, nearly double total sales from this day a year ago. The opening session saw 198 horses out of 236 offered for sale at Newtown Paddocks near Lexington.
“The numbers are amazing, don’t get me wrong, but it’s the level of interest and activity,” said Fasig-Tipton President and CEO Boyd Browning Jr. note. “That’s what it feels like when you walk around and see the reaction from shippers who are blowing past stocks — seeing a legit market for all kinds of horses. Today is it. a very encouraging market for short-term crosses, with great demand for both brood and prospective brood. An extremely healthy market today.”
The day ended with a widespread increase, with total sales of $6,598,800 for the first day of sale. An active bullish median price to $33,327 was reached and the median was $14,500. There were 38 unsold horses with an RNA ratio of 16.1%. At this time a year ago, total sales for the day came in at $3,956,300 for the 207 units sold. The median is $19,113 and the median is $8,000. The 57 unsold horses had an RNA ratio of 21.6%.
“The RNA rate is low and we will continue to sell them at the sales office tonight and tomorrow to bring that rate down even further. Currently, the market is doing well; this is most encouraging given the activity. This may not be life changing, unlike when you get $500,000, but that additional $10,000, $15,000 or $20,000 will get you reinvested. investment, generate payroll, pay the bank or feed bills. It provides some stability and a base for the industry, which is the most encouraging.”
The highest prices of the day have been moved to Bodhicitta (Hip 177). Daughter of Display sold for $450,000 to Japan’s KI Farm. St George Sales, the dealer, consigned the mare recently which ran for second in the Robert J. Frankel Stock Jan 1 (G3T) and fourth in the Meghertz Share (G3T) this past January 29. . KI Farms was the top buyer of the day by the sum of their single purchase.
Archie St George at Fasig-Tipton
“The market seems pretty solid, I’ve followed a few and they seem to be selling well,” noted delivery man Archie St George. “If you get the right horse, you’ll be rewarded. The roosters I’ve seen have sold well. It’s the same old story: if you have the right stock, you’ll do well.”
Taylor Made sales agent consigned top two short-lived annuities, led by a Lane’s End Farm’s pony City of light who sold for $260,000 to Peter Pugh, agent of Cherry Knoll Farm. Designated as Hip 42, the New York-bred foal sits outside of a mare without a miracle Broken Vow Spoken Not Broken, the dam of La Verdad Stakes runner-up eloquent speaker (Flatter ), who was introduced as Hip 536 during Wednesday’s second session by Taylor Made Sales.
“This year the fish are stronger than last year, for one reason: we have better fingerlings,” Browning said. “Residents watched the strength of the drop and saw a viable market in both November and January. We appreciated that they allowed us to sell some high quality short annuities and they have was well received in the market and those people were rewarded.”
A few before that, a consigned Gun Runner named Hip 38 was sold to breeder Christian Black. The shark was purchased by Joe Pickerell, as Stock Thoroughbreds, as a pinhook prospect for $225,000. The Pennsylvania pony came out of the Sororitysweetheart (My Discreet ) a girl who completely won the high school award Classy Class and grade 2 Happy home .
“We’re still looking; we’re always shopping for good horses,” says Pickerell. “It’s just a matter of finding them at a price we like.”
At the end of Tuesday’s session, Cocktail party (Hip 218) sold under the banner of James B. Keogh (Grovendale) for $240,000 as the third highest and highest price in ponies. She sells ponies to Map of Liam on the March cover. The Mizzen Mast mare out of Premiership Mare Partyship, a maker of multi-stakes winners Coral reef and deposit Arctic Party and Kissin Party . Dash Goff purchased a mare to add to his growing parent band. She will stay in Kentucky with Bayne and Christina Welker at Spring Ridge Ranch.
“The tax situation is good, and I’ve got some money to invest… I think we’ve got a lot more money in the industry, and these horses are going to go up in price,” Goff said. “They’re tall now, they’re really tall, but I think they’ll stay their value or more. I just want if you get a good pony out of a good mare, they’ll sell. .”
Brookdale Sales, dealer, consigned the highest priced mare of the day listed only as a promising stallion in After the Party (Hip 129). Originally cataloged as a racing or nurturing prospect, the 4-year-old boy was Into Mischief sold for $110,000 to Clarkland Ranch. After the Party runs out of winnings Bandini mare Gravity Challenge who also creates stake winners Destiny green . Defy Gravity is half sister to level 1 winner Callback and further down the page, by third smash Turbocharger , is the 2010 Kentucky Derby presented by Yum! Brand Winner (G1) Super savings .
The first day of sales ended for Taylor Made’s Agency Sales, the session’s top shipper after 23 of their top 26 were offered for sale for a total of $1,807,500.
Representatives of the Kentucky state legislature were presented with two checks, each for $100,000, to Marshall and Fulton Counties from the Kentucky Purebred Owners and Breeders Association. These funds are raised to help provide relief from the tornadoes that devastated Western Kentucky on December 10.
KTA members and donors hand out checks for West Kentucky tornado relief
“It was a pleasure to have state representatives here for the KTA presentation, walking with them to the back ring, where it was packed, and the outer walking loop was filled,” Browning said. speak. “They’re flooded with people in our industry who aren’t billionaires but as hardworking as their voters. Lawmakers see that we live in a political world, and this is it. is our signature industry in Kentucky.”
Sale ends Wednesday with Hips 301-608 set to go on sale, starting at 10 a.m. ET.
“We’re also going to have some fireworks tomorrow,” Browning said. “The fireworks are great, but that’s the business of 90% of the horses that come through.” “Fireworks will take care of itself. It’s being able to get those horses going for a fair price, where the seller can recoup some or all of it and possibly make a bit of a profit. It’s the backbone of the company.” industry, can support men and women in the trenches.”
