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Arqana Breeding Stock Final Average Up 4.4%

Tuesday, 8th December 2009

In France overnight, the 3-day Arqana December Breeding Stock Sale at Deauville concluded with 512 lots sold for a cumulative €13,389,500 (A$21.4m) which was up 15.8% on last year. The final average of €26,151 (A$42,000) was up 4.4% & the final median of €14,000 (A$22,400) was up 40%. The clearance rate also rose from 70% last year to 76% in 2009. Arqana president Eric Hoyeau commented: “We are pleased to have reached our goal, which was to generate an increase in the volume as well as in the quality of trade. More horses were sold this year & generally at higher prices, as reflected by the rise in the average & median.”

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