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Keeneland Day-1: Average Up 27%
The record number of million-dollar yearlings on Day-1 at Keeneland also "helped buoy the sales average to US$471,872 (up 27% on last year)" reported thoroughbredtimes.com. And the US$300,000 median was up 14.3%. Both the Day-1 gross & average "rank 2nd all-time in the history of the Keeneland September yearling sale". The buy-back rate increased slightly to 24.5% (61 of 249 yearlings through the ring did not attain their reserve); last year's buy-back rate was 22.4%, but this year's figure "is still an improvement on the opening session of 2003 when 30.1% of yearlings were bought-back".