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NZB Weanling & Broodmare Day-1: Average Up 22%

Tuesday, 13th May 2014

New Zealand Bloodstock's National Weanling & Broodmare Sale recorded a strong opening day's trade at Karaka yesterday with a diverse buying bench providing a host of highlights that included gains across all key indicators. The weanling session kicked off the two-day sale with 200 lots selling (295 catalogued) for a total of NZ$2,656,450 at a clearance rate of 79 per cent. Even with 60 fewer Lots catalogued and 35 less weanlings sold than last year, the aggregate rose by 5 per cent. The average price of NZ$13,282 was 22 per cent higher than last year's NZ$10,857, while the median posted a 40 per cent increase from NZ$5,000 to NZ$7,000. "We are very happy with the strength of the Sale and the increases across the board," said NZB Bloodstock sales manager Danny Rolston. "We are seeing vendors offering a genuine product and getting rewarded accordingly. We have been working really hard on developing a strong buying bench for this Sale and couldn't be happier with the turnout and the resulting trade." The top priced offering of the day was a son of local star O'Reilly – sire of recent Gr1 winners Sacred Falls, Silent Achiever and O'Marilyn - with his colt out of stakes-placed Exceed And Excel mare Miraculous Miss (Lot 90) purchased by Ascot Farm for NZ$160,000. The colt was consigned by Gordon Cunningham's Curraghmore Stud and matched the price of its full-brother bought as a yearling at Karaka in January by Mick Price Racing. "He has an excellent temperament and he's bred on a very similar cross to Sacred Falls and we plan to sell him as a yearling," commented Ascot Farm's Maureen Harvey. Selling continues from 10am today at Karaka with yearlings, 2YOs, unraced stock, horses-in-training, and racehorses, followed by over 200 broodmares.

BM Gen

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