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Postitive trade continues at Keeneland September

KEENELAND's September Sale continued its positive trend when the start of Book 3 saw key rises in turnover, average and median.

With 296 horses sold for $25,791,000, the sale claimed a 25 per cent increase on last year, when 280 yearlings made $20,613,500. 

The average price after Saturday night's trading was $87,132, up 18 per cent on the $73,620 posted in 2011, while the median of $70,000 was up 37 per cent on last year's $51,000.

With the clearance rate running at 79 per cent, the opening session of Book 3 suggests signs of a resurgence in the US market may not be limited to the top tier.

After five days of September selling, 951 yearlings have been sold for $158,644,000, at an average of $166,818 and a median of $120,000. Last year after six sessions (when there were two days' of select selling compared to one), 1,033 horses had been sold for $165,830,000, an average of $160,532 and a median of $110,000. That represents a four per cent rise in average, and a nine per cent increase in median.

A colt by Empire Maker topped the fifth day, selling for $430,000 to bloodstock agent Mike Ryan. Consigned by Lane's End as agent, the colt is out of the stakes-winning Pulpit mare Katerbug, a half-sister to Private Terms Stakes winner Raconteur.  A Birdstone colt sold for $385,000 to Charlotte Weber's Live Oak Plantation. The Gainesway- consigned yearling  is out of a half-sister to Preakness winner Shackleford.

Six lots made more than $300,000, three of them by Gainesway stallion Tapit.

The sale concludes on Friday.

 

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TOP TEN

STALLION £ TOTAL PRIZE
Galileo £7,072,798
Invincible Spirit £3,016,957
Shamardal £2,511,200
Dubawi £2,346,793
Teofilo £1,920,407
Oasis Dream £1,883,181
Mastercraftsman £1,860,430
Dutch Art £1,642,420
Dansili £1,527,755
Montjeu £1,503,711