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MM Adelaide Day-1: Average $33,853
At last night's opening session of the 3-day Magic Millions Adelaide Yearling Sale – the first night session for a number of years – following Adelaide Cup Day at Morphettville, just under $2 million traded hands from 58 lots sold. The clearance rate was 76%. The evening concluded with an average price of $33,853 & the median sitting at $29,500. Comparisons are academic due to the changed format of 2013, however the early average is on par with 2012. Day-2 gets underway this morning.