The final session of Keeneland’s January All Age Horse Sale ended on January 12 with similar results to the 2022 record sale. Cumulative average price per horse of the $47,449 improved year-over-year by 4.2% while the $19,000 average was down 5%.
Tony Lacy, Keeneland’s vice president of sales, said: “We’re happy with how the sale is going. It’s been bustling in the warehouses and overall, a lot of the sellers are very pleased with the way the sales are going. horse is received”. “I think there’s been a bit of a correction in the market. There’s a bit more weakness in the mid-to-lower segments. I don’t think that’s necessarily a bad thing; it shows a bit of stability. It’s a bit of a consolidation. a slight correction or a slight softening in places is very normal and we don’t see big changes, especially with all the economic headwinds.I think in a way, it’s real. there is some consolation because it allows the market to stabilize.”
Thursday session saw the newly crowned class 3 winner Literary marks a day after receiving $200,000 from Will Walden Racing Stable. Frank Taylor signed a partnership agreement with the pony consisting of the Taylor brothers and some friends.
“He’s going to Will Walden’s barn and hopefully ready for a bet race at Race Park February 18. He is a great horse and is rolling. Hopefully we can move on,” Taylor said.
5 years old Traveler gelding, formerly campaigned by TEC Racing and coach Martin Drexler, won the valedictorian (G3) Share on December 4 at Honeysuckle. Taylor Made Sales commissioned someone who made $166,673 in 19 starts on behalf of Elliott Logan.
Taylor added: “I was hoping to get him for a little less, but he’s in such good form. He deserves what he can get.”
Fat Justify is consigned as Hip 1568 in the ring at Keeneland January Sale
The start of the closing session was delayed 30 minutes after the Lexington area was placed on tornado watch, then switched to severe thunderstorm watch throughout the morning.
a longing justification filly took the top honor Thursday after selling over the internet to MWG for $105,000 in a late-day replenishment. Claiborne Ranch consigned puppy bred in Kentucky by ERJ Racing Grand Slam mare Few stars at night like Hip 1568.
In the final session, Keeneland reported 241 horses changed hands out of 300 through the stall for a total of $3,675,700, with an average price of $15,252 and an average price of $8,000. la. Fifty-nine horses failed to meet their reserves, representing an RNA ratio of 19.7%.
The final sale in last year’s sale saw 243 of the 297 horses offered for sale for a total of $4,020,700. An average price of $16,546 and an average price of $10,000 were recorded. Fifty-four horses did not sell, accounting for an RNA ratio of 18.2%.
“I think people are going to come out this week in a very positive mood,” Lacy said. “That gives and places a lot of confidence as we enter the breeding season. The demand for quality and proven mares remains as strong as ever.”
Cumulating over the past four sessions, 996 horses were sold out of 1,248 horses to go to auction for a total of $47,259,300, matching the median of $47,449 and the median of $19,000. la. Two hundred and fifty-two horses remained unsold at the end of the sale to represent an RNA ratio of 20.2%.
“Last year was a record sell; when you’re on par with a record sale, that’s incredibly good. I’m seeing minor trends, the numbers are down a few percent, but nothing serious. “, Lacy said. “Stability in certain market dimensions is completely acceptable and encouraging. When you look at the global market, there’s every reason why we should have a challenging environment. There are so many positive things that we can tap into and be encouraged by.”
During the last four sessions, 1,045 horses were traded out of the 1,256 offered for sale for a total of $47,581,100. The average price of 45,532 USD and the average price of 20,000 USD/head were recorded. Two hundred and eleven unsold horses, representing an RNA ratio of 16.8%.
3-year-old girl recently won the young girl award ancient peace , consigned as a Hip 840E to the add-on catalog during the second session, topped sales after being sold for $650,000 to Boardshorts Stables. Indian Creek’s Consigned Daughter War front gathered a timely update as she broke her maiden on December 30 on Santa Anita . Park lawn, go a mile for owner Mike Ryan at the second ask. She comes from the wealthy Sam Son Farm family of the 2nd winner deceptive vision and the Canadian champion Sphynx’s Eye .
Lacy added: “We’ve seen a lot of farms like Fixed Stud and Boardshorts Stables—Travis Boersma. These are all young businesses starting to establish and consolidate. It’s great to see those newer activities. increased and older entities as well.”
Tony Lacy at the sale
At the close of business Thursday, Boardshorts Stables had four winning bids for mares, both ponies and preterms, with total sales of $1,227,000 to be the top buyer of the sale. Boersma made waves by buying a partial interest in what is likely to be the Horse of the Year in 2022 Flight route in Keeneland’s November Livestock Stock Sale for $4.6 million.
As one of the last stops to buy calves a year before the summer sale, the four-day sale saw the SF Bloodstock crossbreed Quality Sugar get out suggest requested a final bid of $450,000 from agent Jacob West, bidding on behalf of longtime clients Robert and Lawana Low.
Hip 400, consigned by Bedouin Bloodstock, comes from the family of 2nd level winners Chace City and Justwhistledixie Dad’s dam wins class 1 Right where the year Dad won class 2 Mohaymen and students who won high school prizes Effective and regal .
Lacy said: “Quality dwarf anchovies sell very well. They are very vibrant and very difficult for buyers to buy.” “When you hear reports about that, it just means quality is what they’re looking for and you just have to be happy with that.”
He added: “Overall, shippers are happy, satisfied and looking to move forward and prepare to regroup for the upcoming annual sales season. That’s how things readjusted. as we close this sale. We’re moving into the planning phase, and people are thinking where these horses belong as decisions will be made in the next two to three months.”
“Overall, I think the sale went very well. There was a lot of back-and-forth,” Hughes Bloodstock buyer Jared Hughes said on Thursday. “Horses sell very well, and as always, the market is strong for good ponies and mares, even public mares.”
The top 10 prices sold for more than $425,000 to 10 separate entities, two of which came from the additional category on their respective dates. Additional items are quickly becoming a standard for the sales market, allowing owners to monetize recent updates on the pedigree page and giving buyers an extra opportunity to choose horses. in current healthy form for their program.
“I think as we strive to be more flexible and responsive to the needs of our customers, that is paramount to our future vision and responsiveness,” says Lacy. “In traditional catalog printing, you need time to prepare entries, which also leads to the fact that you can limit yourself to certain horses that will be leveraged over time. I think the additional aspect of this it benefits our customers, both buyers and sellers. The more we can lean on that and try to find a way to work and make this friendly. more user-friendly, I think that will only help people.”
Longtime leading consignment firm Taylor Made Sales Agency sold 107 horses for a total of $6,770,100 and an average of $63,272, to become the top consignment company by total revenue in the year. four days of sales.
“It’s been good. We’ve got some nice mares. We didn’t bring our strongest group here, so our expectations were consistent,” said Walker Hancock, president of Claiborne Farm. , said. “I’m also looking to buy horses but find it difficult. Market is good. I’m looking for mares to sell in September and one or two stallions for sale but haven’t been able to get any mares, so so I might be heading for the February sale.”
Mr. Ashford Uncle Mo saw 18 progeny sold for a total of $2,370,000 and an average price of $131,667 to be the top sire of the sale. The son of Indian Charlie has an advertised fee of $150,000 for 2023.
Stalwart Hill ‘n’ Dale . Farm Music by Maclean , son of Distorted Humor, was the top-grossing male after seven mares were sold as ponies for a final figure of $990,000. Maclean’s Music stands for an advertised fee of $50,000 in 2023.
