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Inglis Yearlings Session 1: Final Average Up 9%

Friday, 8th April 2011

Overall at the conclusion of Session 1 at the Inglis Easter Sale, 310 yearlings sold (81%) for $74,240,000 at an average of $239,484 (up 9% on last year) & a median of $180,000 (up 12.5% on last year). Inglis managing director Mark Webster commented: "One of the most pleasing aspects of the sale was the depth of the buying bench. We are not relying on 1 or 2 major buyers to boost the figures & it was pleasing to see so many different names among the top buyers this year. In particular, we have had very good overseas representation over the past 3 days. Similarly, the broad strength of the stallions also has to be viewed as a positive sign for the industry. While Redoute's Choice & Encosta De Lago are still the benchmarks, others like Fastnet Rock & More Than Ready have also emerged, along with exciting new stallions like Street Sense & Bernardini, providing top-end buyers with more options."

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