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Florida Mixed Final Average Down 38.8%

Friday, 10th October 2008

Overall at the 3-day OBSC sale, 385 lots sold (from 717 offered) for a cumulative US$3,465,800 (down 64.8% on last year's US$9,841,600 at a 5-day renewal). This year's sale featured only 1 consignor preferred session (compared with 2 last year) & as a result, the US$9,002 cumulative average fell 38.8% (last year US$14,711) & the US$4,500 cumulative median fell 40% (last year US$7,500). The buy-back rated climbed from 40.5% in 2007 to 46.3% this year & OBSC general manager Tom Ventura told thoroughbredtimes.com: "It was a tough sale. I think that in a few spots there was some quality that the buyers paid for. The last 2 days, the broodmares that were sold - US$30,000, US$40,000 & US$50,000 mares - long term, there was some good value."

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