Keeneland concludes sale with huge gains
TRADE at Keeneland's January horses of all ages sales concluded on Thursady evening, posting huge gains across the board.
"The momentum that began to build during last fall's September yearling and November breeding stock sales rolled into January, and that's a very healthy sign," said Walt Robertson, Keeneland's vice president of sales. "Now there's a growing optimism, particularly among domestic buyers. They have weathered the storm and they are ready to get back in game."
The first significant thoroughbred sale of 2012 saw turnover rise by over 50 per cent on 2011 at $37,991,900. The average rose by just over 53 per cent at $37,878 and the median was $15,000, a 100 per cent increase from a year ago. The clearance rate was up at just over 80 per cent for the week.
The final day session, saw 253 horses sell for a turnover of $3,620,700. The most expensive horses bought were two broodmares, La Defence and Rendezvous Point, who both sold for $90,000.
The 14-year-old mare La Defence, dam of stakes winner Quelle Surprise and in foal to Munnings, was bought by McMahon and Hill. Rendevous Point, a winning daughter Kingmambo, was bought by Diamond G Ranch. The 11-year-old is in foal to Discreet Cat.
This year's most expensive horse was Topliner, dam of 2011 Grade 1 winner Star Billing, who was bought by Katsumi Yoshida of Northern Farm for $1.4 million. The 10-year-old daughter of Thunder Gulch is in foal to Medaglia D'Oro.
The week's biggest spender was Brad Kelley's Kentucky-based Bluegrass Hall operation, who bought 31 horses for $1,977,000. Taylor Made Sales Agency was the top consignor selling 96 horses for $4,264,700.