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Florida Mixed Day-1: Average Down 34.9%

Wednesday, 8th October 2008

The OBSC fall mixed sale has been shortened from 5 days in 2007 to 3 days this year & on Day-1 (the single consignor preferred session) "with more than 100 horses withdrawn & the buy-back rate at 53.2%, economic indicators declined across the board" reported thoroughbredtimes.com. Overall 108 horses sold (from 231 offered) for US$1,979,600: down 44.7% on last year's US$3,578,500. The US$18,330 average was down 34.9% (last year US$28,177). OBSC general manager Tom Ventura summed up: "It was a very difficult day. It's a tough economic situation globally & certainly the results show that. On the positive side, there were some high-priced weanlings. Buyers are demanding quality individuals with sire power & the high-selling weanlings fit that criteria."

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