Equine Sales Company's Consignor Select Yearling Sale, held Thursday in Opelousas, La., recorded significant increases in gross sales and average price compared to last year's auction, which itself posted big increases over the prior year.
All told, 150 of 206 yearlings sold this year for a total of $1,949,900 with an average of $12,999 and median of $6,000. A total of 138 from 193 head sold last year.
This year's figures marked an 19.2 percent increase in gross sales from last year's $1,636,400 and a 9.6 percent jump in average from $11,858. This year's median of $6,000 was down from last year's $7,000, and this year's buyback rate was 27.2 percent compared to 28.5 percent last year.
“We had a very strong sale last year, so we were extremely pleased to exceed those numbers this year,” said Foster Bridewell, sales director. “The fact that we had 10 horses go for $50,000 or more proves that our consignors really brought some quality stock and that our buyers stepped up to get those individuals.
“There's a lot of money to run for in Louisiana, and Louisiana-breds have proven again and again that they can win anywhere, most recently with Classy John, who sold here as a 2-year-old for $12,000, winning an $85,000 maiden special at Saratoga last month by daylight.”
The sale was highlighted by two Louisiana-bred colts who hit six figures, topped by a February foal from the first crop of multiple Grade 1 winner Palace. Consigned by 4M Ranch, agent, the colt went to J. Stevens Bloodstock, agent, for $105,000. He is out of the winning Kafwain mare Sheer Speed, whose first starter, by Redding Colliery, is a two-time winner.
Close behind the sale-topper was a March foal by Grade 1 winner and first-crop sire Lea who sold for $100,000 from Red River Farm, agent, to Carl Moore Management LLC. The colt is out the unraced Corinthian daughter Beat the Street, who is the dam of four winners from as many to race including stakes winner Kylie's Cutie and stakes-placed Blue Ribbon Girl.
To view the full results from Thursday's auction, click here.
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