News

156 lots sold on Day Two of Great Southern Sale

22nd May 2013

73 weanlings and 83 broodmares were traded in Melbourne on Wednesday during the second day of the 2013 Inglis Great Southern Sale.

The average price recorded for weanlings across the last two days was up 12% on last year, while there was a 50% rise in the median recorded. The clearance rate was a realistic 77% at days end.

“The well-presented weanlings sold particularly well,” commented Inglis Melbourne Director Peter Heagney. “The sale gained momentum from start to finish both days as buyers and sellers gained a better understanding of the market.”

In all 213 weanlings sold on Tuesday and Wednesday for a total gross of $2,140,350.

“We have been striving to get breeders their desired results in the ring or, as evidenced by today’s top priced weanling, working to get passed-in lots sold privately after,” Heagney added.

Merrivale Farm’s colt by Testa Rossa from Riverina passed-in short of his reserve when offered as Lot 282 but was purchased later in the day for $57,500 by John Hymet, who previously raced Testa Rossa filly Rostova to Group 1 success.

Complete buyer, vendor and sire statistics for the 2013 Inglis Great Southern Weanling Sale can be viewed on the sale page at www.inglis.com.au

During the afternoon session on Day Two of the sale 83 broodmares were sold for $273,850.

The Inglis Make-An-Offer service is available to buyers wishing to put in an offer any Broodmares or Weanlings that failed to reach their reserve prices through the Oaklands sales ring.

216 lots are catalogued for the third and final day of the 2013 Great Southern Sale, comprising 118 broodmares, two stallions, 16 yearlings and unbroken stock, 50 racefilles and mares, plus 30 race colts and geldings.

The 118 broodmares will be offered first from 10:30am tomorrow; Lots 431 to 533 and Lots 597 to 611.

Consistent sire Ne Coupez Pas will then be offered as Lot 534 followed by multiple Group 2 winning stallion prospect Sound Journey as Lot 612.

Racing stock (Lots 535 to 584) will then be sold and finally the supplementary racing stock (Lots 613 to 658).

Day Three of the Great Southern Sale will be broadcast on Inglis Sale Day Live from 10:15am. Online Bidding and Make-An-Offer will again be available to buyers that are unable to attend Melbourne sale.

Great Southern Weanling Sale statistics

| 2013 | 2012 | Change : ----- | ------ | ----- | ----- : Lots Catalogued | 301 | 414 | -27% Offered | 272 | 376 | -28% Sold | 213 (77%) | 289 (77%) | Gross | $2,140,350 | $2,600,500 | -18% Average Price | $10,049 | $8,998 | +12% Median Price | $4,500 | $3,000 | +50% Top Price | $110,000 | $145,000