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UK Doncaster 2YOs: Average Up 9.7%

Thursday, 21st April 2011

Overall 158 lots sold for £3,183,500 (A$4.934m) which was down 2% on last year. But the average of £29,206 (A$45,300) was up 9.7% & the median of £20,000 (A$31,000) was up 1.3%. "The better juveniles found no difficulty in changing hands although - as a 69% clearance rate demonstrated - it was not plain sailing for everybody" commented racingpost.com. And Doncaster Bloodstock managing director Henry Beeby summed up: "The DBS Breeze-Up Sales staged a strong comeback last year following a tough sale in 2009, so we are obviously very pleased to have returned another set of improved figures today. Most significant has been the 10% rise in average (on top of the same rise in 2009) which is all the more pleasing when we have sold 2 less 6-figure lots than 12 months ago. The drop in the clearance rate (still a respectable 69%) has clearly demonstrated that the market remains selective & this trend very much mirrored that seen in Newmarket last week, with fierce competition for the best, good interest in the middle range, but weakness at the bottom. The clear message is that the focus must be on quality. We have been delighted to see a number of serious pin-hooking touches to reward these intrepid speculators."

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