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NZB National Weanlings Final Average Up 26%
Overall during the weanling section, 336 lots sold for NZ$3,826,450 (up 59% on last year's 267 sold for NZ$2,407,800). The average of NZ$11,388 was up 26% (last year NZ$9,018) & the median of NZ$4,000 was up 23% (last year NZ$3,250). The final clearance rate was 80%. NZB co-managing director Petrea Vela commented: "The general consensus among weanling buyers is that nice horses were commanding good money & there was good competition on the selection of most appealing lots. The reality though is that unfortunately there is very limited demand for the lesser pedigreed horses, particularly fillies, which was reflected in the clearance rate." Gordon Cunningham's Curraghmore Stud finished as leading vendor for the 5th year in a row, claiming 4 of the top 10 lots in the sale & selling a total of 19 lots for NZ$789,200.