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Fasig Tipton

Fasig-Tipton: hoping to "expand buyer base" in southern hemisphere

Fasig to sell southern hemisphere in-foal mares

KENTUCKY sales company Fasig-Tipton is reaching out to Australasian and South American buyers by compiling a group of mares in foal on southern-hemisphere covers to be offered at its November sale of selected breeding stock on November 7.

Fasig-Tipton is now looking to recruit additional mares bred to southern-hemisphere time and will accept nominations until August 31.

Last year's Fasig-Tipton November sale was badly affected by the economic downturn, with turnover down to $28,905,000 from $70,279,000 in 2008, and the average plummeting by over half to $361,313.

Fasig-Tipton president Boyd Browning said: "Buyers from Australia, New Zealand and South America find it easy to evaluate these offerings, even if they do not attend the sale.

"We are working on a number of promotional and hospitality ideas in these regions to expand our buyer base.

"We intend to start carefully and test the market. The focus will be to offer a limited number of mares in a continuous sequence during our one-day sale.

"Race record and pedigree are what we are looking for in mares primarily in foal to non-shuttling commercial stallions."






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