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Kentucky Yearlings Cumulative Average Down 4.6%

Tuesday, 25th September 2007

Keeneland's Day-13 saw the 11th consecutive session in which both gross receipts & average posted gains above last year's figures. However the overall figures (when compared to last year) have been distorted because this year's initial 2 Select Sessions "failed to produce the fireworks that fueled the record-setting 2006 sale, as the 2007 top price declined from US $11.7million to US$3.7million" & the 2006 figures were boosted by the fact "6 horses sold for US$4.6 million or more, well beyond the US $3.7 million top price this year," noted thoroughbredtimes.com. As a result, cumulatively over the initial 13 days at Keeneland 3,384 yearlings have now sold for US$380,836,600 (down 4.4% on last year's record 3,376 sold for US$398,325,500 to this point). And the cumulative average of US$112,540 is down 4.6% (last year US$117,987) while the cumulative median of US$50,000 is exactly the same. At the end of Day-13, Keeneland director of sales Geoffrey Russell summed up: "The sale has been phenomenal. Buyers are still very active & enthusiastic to buy a good horse."

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