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Fasig-Tipton Average Declines 15.8%
With many vendors having anticipated a bigger decline at Fasig-Tipton's Kentucky July Sale, the 2-day average slide of 15.8% would have come as a minor relief. All-told 268 yearlings sold for US$20,828,000 at an average of US$77,716. The median fall was more severe at 26.7% (US$55,000). The pass-in rate was 36.8%, marginally better than 2008's 38.8%.