A wide range of suppliers in the Eastern states and a concerted effort by breeders in South Australia to support the local Magic Millions Adelaide Semi-Annual has led organizers to believe that a The wide range of buying benches has the quantity and quality of horses to see that the strong demand across Australia for plasma is maintained. next two days.
While last year’s Adelaide sale saw crested birds sell for up to AU$525,000, a record for the state, those peaks are not expected to be reached over the next two days, but strong demand continued on 15 March at the 454 lot South auction Australian owners and trainers embraced the sale and lock up of their local horns with a large following interstate purchases.
Among the interstate agents and coaches to make the trip to Adelaide include Jamie Walter of Proven Thoroughbreds, who bought this season’s Tab Epsom Handicap (G1) winner Detective from the South Australian sales district, agents Chris Blomeley, Jim Clarke, Will Johnson, Julian Blaxland as well as the likes of Tal Nolen, David “Butch” Bourne and Dean Harvey, all known for buying young 2 age.
Distributing organizations such as Peter Morley’s Grand Syndicates and Flying Start’s Cameron Bennett, who purchased the next group’s first prize-winning Amphitrite from Adelaide in 2017, are also looking for horses at the Morphettville sales complex.
“This year, the market has clearly been extremely active. Speaking from a Magic Millions perspective, all of our sales have increased significantly and we are delighted with the horses we have in Adelaide. this year,” Magic Millions CEO Barry Bowditch said March 14.
“Not only has the quality been enhanced, this year there are some new faces here who are very old vendors from the East Coast, so I think that will take the category to another level and I think It’s time for buyers to take this sale to another level like okay.
“The proof in the boxes is that we have plenty of horses and the sale deserves to be a success.”
Sam Pritchard-Gordon is overseeing his first Adelaide sale under the leadership of Cornerstone Stud after being promoted to general manager by co-owner Sam Hayes and he believes the buying bench will be prepared. ready their budget to catch the trending market.
More importantly, Cornerstone Stud is supplying its crops in Adelaide, rather than dividing them between auction houses and the states, and Barossa Farms has horses of great breed stallions. Lonhro , Autumn sun, Russian revolutionand nicconi as well as the resident sire Mr. Prancealot and Valentine’s Day.
“We’re really confident that Adrian (Hancock) and the team at Magic Millions can assemble a pretty comfortable shopping bench paying AU$50,000 to AU$80,000 for a year, and I think that’s been done. reflected in last year’s results,” said Pritchard-Gordon.
“The test numbers are solid and they’re on par with last year, they’re certainly not better, but I feel this year’s field-goers might realize they’re going to have to be strong to buy a horse that they like.
“I hope that is reflected in the results for our clients.”
Ross Hatton of Rathmore Lodge is another South Australian supplier focused on the Adelaide sale, offering Santos, Written by, Invaderand So you think among others.
“Overall, we’ve had the longest-running horses this year… but the standard of the complex has probably been raised overall, the parades have really settled down,” said Hatton. speak.
“We’ve had a busier Saturday than in the last four or five years. Sunday is really good and people will come back for a second (yesterday) viewing.
“I expect that the market rally will continue and I can’t see why it’s not up like all the other sales.”
However, the question remains: will the unusual demand be sustained? So far this year, across the Magic Millions Gold Coast, Perth and Tasmania aspirational sales and auctions in Inglis’ Classic and Melbourne Premier, an unprecedented AU$351,350,500 (253,141 $.008) was spent in Australia on annual fish, excluding New Zealand Bloodstock last week’s Karaka Yearling sale.
Bowditch acknowledges record spending for those who aspire but don’t sense a change in trend coming.
“There’s never been this amount of money spent at this time on aspirants here in Australia so you’d wonder how long it could last, but having said that there’s a lot of money in the background… economy here in Australia,” he said.
“I keep coming back to the fact that the fundamentals of racing in Australia are great: the prize money is sensational, people are enjoying the sport and so people are getting involved. meaning.”
Bowditch said the Adelaide sale has a long list of top graduates and he doesn’t understand why this year’s offering hasn’t unearthed many good horses.
“You can go back to Mummify, Divine Madonna, obviously Viddora, until recently Warning, Amphitrite and Private Eye,” he said.
“I think that is evident in the fact that most of the buyers who come to Adelaide return the following year and I am pleased with the level of interest in the sale.”
Bowditch hopes trainers who weren’t able to fulfill orders in the previous sale will make the most of the opportunity they get in the next two days.
“There’s a lot of people here at this sale who are very, very happy with the items they’ve seen on the field, but they’ve also missed out on another sale so far this year and they haven’t bought much. as they would normally have to do at this time of year,” he said.
“We have a good level of trust, but one thing I say is that vendors still need to be very realistic.
“There have been bottom lines in all of the sales held so far this year, and you need to be cautious and set up your reserves to help buyers confidently bid into the market. “
Day one will begin at 10:00 a.m. local time on March 15.
