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Poor clearance rate mars Easter Broodmare Sale

AN INCREASE of 25 per cent in the average price on the opening day of the Inglis Easter Broodmare Sale in Australia was marred by a poor clearance rate that saw only 117 of 189 lots sold.

Turnover was Aus$7.8million (£5,028,967/€5,658/359) and the average was Aus$67,522 (£43,540/€48,994).  "The market was very selective, which was reflected in today's clearance rate," Inglis managing director Mark Webster said. "We've seen the yearling market rebound strongly this year so some great opportunities existfor breeders here at Newmarket over the next two days."

The highest price saw leading broodmare Oceanfast sell for Aus$700,000 to Peter Ford.

The daughter of Monde Bleu has been a real money-spinner for the Mitchell family of Yarraman Park. who have sold five yearlings out of the mare at the Easter Yearling Sale for almost $7.5million.

Ford was the buyer of Black Caviar's dam Helsinge on behalf of Rick Jamieson's Gilgai Farm for $115,000 atthe 2005 Easter Broodmare Sale. Last week's  Easter Yearling sale saw a colt out of Helsinge by Casino Prince sell for  $1,025,000.

Oceanfast was sold carrying a positive test to top young Coolmore stallion Fastnet Rock.

Gerald Ryan's former top staying More Than Ready mare Ready To Lift fetched $620,000 to the bid of New Zealand based Raffles Dancers Pty Ltd, which also share in the ownership of last Saturday's AJC Derby winner and Saturday's AJCOaks favourite Shamrocker.

A winner of 10 races up to Group 3 level, Ready To Lift was sold carrying a positive test to HigAnother former top More Than Ready racetrack performer, Patronyme, made $425,000. Like Oceanfast, the Group 3 and Listed winner was sold in foal to Fastnet Rock.





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