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UK Tatts Book 2 Final Average Down 12.2%

Friday, 16th October 2009

Meanwhile at the conclusion of the 3-day Tattersalls October Yearling Sale Book 2,606 lots had sold for 20,565,500 guineas (A$39.074m) which was up 4.5% on last year. The final average of 33,936 guineas (A$64,500) was down 12.2% & the final median of 25,000 guineas (A$47,500) was down 13.8%. However the clearance rate was a strong 83% (last year 71%) & Tattersalls chairman Edmond Mahony noted: "The sustained demand at all levels & a clearance rate in excess of 80% have been positive aspects to take out of the sale." Among the comments reported by racingpost.com.au were:

  • Trainer Clive Cox: "The doom & gloom merchants have talked things down too much because it has been very hard to buy nice horses; we've really had to work away to try & get there in the end. It's been tough but I've been pleased with what we've got."
  • Agent Peter Doyle: "Goffs gave the 1st indication that things were going to be strong & it's just kept going all the way through. Despite the economic woes there have been a lot of people for the good horses & it has been great to see. We've managed to buy a few more horses than last year & are delighted with them."
  • Simon Marsh from Watership Down Stud: "There seems to have been a strong trade from top to bottom. If you've brought a horse here to sell then you have been able to sell them, maybe not for a profit on your stallion fees but you've been able to trade them. It's fair to say trade for the whole of the last 3 weeks has been better than we expected going into the sales. I still think stallion costs are too high & hopefully when the fees for next year are decided the studs will reflect that."
  • Trainer Marcus Tregoning: "It has been especially strong both at the top & in the middle market, which I think has surprised a few people."
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