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Maryland Yearlings Cumulative Average Down 29.2%

Thursday, 2nd October 2008

Cumulatively after the initial 2 sessions in Maryland, 326 yearlings have sold (from 518 offered) for US$5,551,700: a 37.5% decline from last year's 369 sold for US$8,879,900 at the same point. The cumulative average of US$17,030 is down 29.2% (last year US$24,065) & the cumulative median of US$9,500 is down 8.4% (last year US$10,375). The cumulative buy-back rate stands at 37.1% this year (compared with 27.2% at this point last year).

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