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Ocala Breeders' Sales Maintains Momentum
The Florida based OBS August Yearling Sale continued where it left off after the opening day's select session "that achieved across-the-board gains" as the "leading indicators all rose compared with the first open session in 2011 and the buy-back rate also dropped slightly", reports thoroughbredtimes.com. "OBS reported 206 yearlings sold from 262 offered totalling US$2,890,100, a 9.6% increase compared with the first 2011 open session, where 213 horses sold for US$2,636,400. Average price jumped 13.4% to US$14,030 and median rose 11.1% to US$10,000. The buy-back rate of 21.4% in 2012 also showed modest improvement compared with 23.4% in 2011." The first of two open sessions was topped by a colt by young sire Kitten's Joy (El Prado-Kitten's First, by Lear Fan) who sold to the bid of Agent Al Pike for US$110,000. Out of the winning Skywalker mare No Deadline, he is a half brother to multiple stakes-winner Cannonball, a memorable runner-up in the UK's Gr1 Golden Jubilee Stakes for the Ramseys in 2009 "after being shipped to Royal Ascot." With the select and initial open session now complete OBS has reported 336 yearlings sold from 440 offered for a total of US$8,647,100. This represents a 25.1% increase over 2011. Average price of US$25,735 is up 21.7%, the median of US$18,000 is up 20%, and the buy-back rate of 23.6% is line-ball with 2011.