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Ireland Yearlings Day-1: Average Down 10.1%

Wednesday, 5th September 2007

Tattersalls Ireland managing director George Mernagh summed up the Day-1 action: "It was really a sale with 2 parts: a great trade in the afternoon & evening with nice horses flying off the shelves, after a slow start before lunch. Today's average of €26,777 (A$42,800) was marginally down from last year's Day-1 average of €29,800 (A$47,600) even with 44 more horses on offer & the aggregate was 6% down from the equivalent session last year. There was noticeably strong competition throughout the day at the higher end of the market for the better individuals, but it is becoming more & more apparent that purchasers are unforgiving of any yearling that falls in any way short on conformation or pedigree. A lot of yearlings today have been bought by or for English trainers, who in recent years have dominated the €300,000 (A$480,000) Sales Stakes race in which any yearling catalogued can run. It's about time an Irish trainer won it!"

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