News

Classic 2005 - Market Leaders

19th Jan 2005

Strong gains achieved at the Classic Yearling Sale last year were improved upon again in 2005 with 418 yearlings generating gross turnover of $14,438,954 (up by 7%) at an average price of $34,792.

An outstanding filly by Langfuhr (Can) from Icecapade topped proceedings at $190,000, the first filly to take the number one spot at Classic since 1999, when a half-sister to Sunline made $100,000.

Top 10 Sire Averages (3 or more sold)

Arrowfield Stud based Redoute’s Choice is currently the leading second crop sire in the country with progeny earnings more than double that of his nearest rival. The champion son of Danehill (USA) is a great favourite with buyers, so it was no surprise to see him lead the way here with three yearlings selling at an average price of $88,333. His highlight was the Widden Stud prepared colt from Later (USA), which fetched $170,000 making him the top priced colt of the sale.

English Derby winner Galileo (IRE) figured prominently with three youngsters returning an average of $73,000 including two very nice colts, which fetched $100,000 apiece. The well-regarded freshman is likely to be a major player for Coolmore at the Australian Easter Yearling Sale where more than 40 of his stock will go under the hammer.

Highly promising young sire More Than Ready (USA) enjoyed a sensational sale for Vinery Stud with 10 yearlings averaging $70,400, including a half-sister to stakes-winner Presently from Centaine’s Gift (NZ), which made $180,000.

Former shuttle sire Langfuhr (Can) was the real surprise packet, providing the sale-topper among nine yearlings that averaged $52,611. He was not available to Australian breeders last spring, preferring to remain in Northern America where he will stand the current season at a fee of $US30,000.

Yarraman Park Stud did well with their first cropper Magic Albert, who returned very good figures with 13 of his progeny selling at an average of $42,615. Denise Martin of Star Thoroughbreds came away with his top lot, paying $115,000 for a strongly built chestnut filly from Pagan Dance.

Top 10 Buyers by Aggregate

The Classic Yearling Sale has long been a happy hunting ground for Kiwi bloodstock agent Paul Moroney, who spent up big this year purchasing 11 yearlings by 11 different sires at a total cost of $465,500.

Moroney snapped up the Blue Diamond winner True Jewels from this sale in 2000 for just $28,000, so has a proven track record in the Classic bargain buying stakes.

Top 10 Vendors by Aggregate

Widden Stud finished the sale as the leading vendor by aggregate selling 27 yearlings for gross returns of $824,000 at an average price of $30,519. Their highlight came during the opening session when Graeme Rogerson paid $170,000 for the Redoute’s Choice colt from Later (USA).

Broadwater Farm enjoyed excellent results providing three yearlings that fetched over $100,000 including a gorgeous black filly by More Than Ready (USA) from Centaine’s Gift (NZ), which went to Paul Perry for $180,000.

Little Wych Stud led the vendors by average (3 or more sold) with their fine draft of three fillies averaging $75,333, highlighted by the sale-topping half-sister to stakes-winner Ain’t Seen Nothin’ which made $190,000 to the bid of Barbara Joseph.

Right on their hammer was Edinburgh Park Stud with four yearlings selling at an average price of $74,250, their highest, a Strategic colt from Yellow and Black which was knocked down to Inglis as agent at $90,000.