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Magic Millions Mares Cumulative Average Down 11.8%

Tuesday, 31st May 2011

Overall after 2 days at the Magic Millions Broodmare Sale, 332 lots have sold for a cumulative $16,025,350 (down 10.1% on last year’s 326 sold for $17,831,250 to this point). The cumulative average of $48,269 was down 11.8% (last year $54,697 to this point) & the clearance rate is currently 76.1% (last year 78% to this point). Magic Millions managing director Vin Cox commented: “It's been pleasing to see yesterday's solid opening to the sale has continued today with good interest at most levels of the market. People came wanting to do business & that is what has happened.”

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