The Weanling Session of NZB's National Wealing, Broodmare & Mixed Bloodstock Sale concluded today with phenomenal results across the board.
All told $5,740,300 was traded with 238 weanlings purchased in the past two days resulting in a 91% clearance rate. This strong demand saw the median up 175% on last year's sale to $11,000 (from $4,000 in 2015) and the average settle at $24,119, a 90% increase on the $12,113 recorded last year.
Lot 263, an O'Reilly colt from the multiple stakes-winner in Singapore, Mexican Rose (NZ) (Volksraad) commanded the session's top price of $185,000. Consigned by Hallmark Stud for breeders Mr David Ellis and Nearco Stud, the colt was secured by Dean Hawthorne who was bidding on behalf of Kacy Fogden of Queensland-based Aquis Farm.
"Kacy came over and picked him out as the best colt in the sale and I think she was right on the money - he's a good investment being by a proven sire in O'Reilly," said Hawthorne.
"This is one of the strongest weanling sales I've seen and it's great for the industry," he continued.
"It's good to see the filly market also slowly improving and I believe breeders can breed with confidence this spring."
Further strengthening Hawthorne's statement about the demand for fillies, was the sale of Mana Park's Lot 209 by Cape Blanco with the half-sister to multiple Group One winner Turn Me Loose (NZ) (Iffraaj) fetching $150,000.
Meanwhile the King family's Brighthill Farm celebrated securing the second highest price of the day with $180,000 paid by Ascot Farm and Ampulla Lodge for the Tavistock (NZ) (Montjeu) colt from Once More (NZ) (Thorn Park) at Lot 284. Brighthill's well-prepared draft was highly sought-after with 13 of 13 sold to see them sit second in the leading vendor table behind Gordon Cunningham's Curraghmore which emerged the leading vendor at the sale for the 11th year running.
"I'm delighted with our results and our staff at Curraghmore deserve great accolades for their work in raising our horses and presenting them so well. Our clients are pleased and we wish those who bought our horses the best of luck," said Cunningham.
"It's great to see that more breeders have recognised that this sale is a very viable trading option for our industry. We had a great buying bench here and most were rewarded with good prices too."
Andrew Seabrook, NZB Managing Director, is confident the positive results will flow on into the broodmare session tomorrow "It's clear our industry is in an upward spiral and I expect this will be the tone for some time."
"I believe those looking to invest in broodmares tomorrow can do so in the confidence that their end product will be sought after in the years to come."
The third and final day of the Sale commences at 10am tomorrow with Lot 337 opening the day's trading. Broodmares and Supplementary Broodmare lots will be sold first, followed by Stallion Shares.
All told $5,740,300 was traded with 238 weanlings purchased in the past two days resulting in a 91% clearance rate. This strong demand saw the median up 175% on last year's sale to $11,000 (from $4,000 in 2015) and the average settle at $24,119, a 90% increase on the $12,113 recorded last year.
Lot 263, an O'Reilly colt from the multiple stakes-winner in Singapore, Mexican Rose (NZ) (Volksraad) commanded the session's top price of $185,000. Consigned by Hallmark Stud for breeders Mr David Ellis and Nearco Stud, the colt was secured by Dean Hawthorne who was bidding on behalf of Kacy Fogden of Queensland-based Aquis Farm.
"Kacy came over and picked him out as the best colt in the sale and I think she was right on the money - he's a good investment being by a proven sire in O'Reilly," said Hawthorne.
"This is one of the strongest weanling sales I've seen and it's great for the industry," he continued.
"It's good to see the filly market also slowly improving and I believe breeders can breed with confidence this spring."
Further strengthening Hawthorne's statement about the demand for fillies, was the sale of Mana Park's Lot 209 by Cape Blanco with the half-sister to multiple Group One winner Turn Me Loose (NZ) (Iffraaj) fetching $150,000.
Meanwhile the King family's Brighthill Farm celebrated securing the second highest price of the day with $180,000 paid by Ascot Farm and Ampulla Lodge for the Tavistock (NZ) (Montjeu) colt from Once More (NZ) (Thorn Park) at Lot 284. Brighthill's well-prepared draft was highly sought-after with 13 of 13 sold to see them sit second in the leading vendor table behind Gordon Cunningham's Curraghmore which emerged the leading vendor at the sale for the 11th year running.
"I'm delighted with our results and our staff at Curraghmore deserve great accolades for their work in raising our horses and presenting them so well. Our clients are pleased and we wish those who bought our horses the best of luck," said Cunningham.
"It's great to see that more breeders have recognised that this sale is a very viable trading option for our industry. We had a great buying bench here and most were rewarded with good prices too."
Andrew Seabrook, NZB Managing Director, is confident the positive results will flow on into the broodmare session tomorrow "It's clear our industry is in an upward spiral and I expect this will be the tone for some time."
"I believe those looking to invest in broodmares tomorrow can do so in the confidence that their end product will be sought after in the years to come."
The third and final day of the Sale commences at 10am tomorrow with Lot 337 opening the day's trading. Broodmares and Supplementary Broodmare lots will be sold first, followed by Stallion Shares.
