21, 22 & 23 May 2013
448 lots were sold at the 2013 Inglis Great Southern Sale, with significant increases recorded in the average and median prices for weanlings.
The average price recorded for weanlings at the sale was up 12% on the year before, while there was a 50% rise in the median price. The clearance rate was a realistic 77% at the end of the session.
In all 213 weanlings were sold during the first two days of the sale for a total gross of $2,140,350.
“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.”
Pinhookers from New Zealand were strong at the top of the market, while plenty of Australian trainers got involved in purchasing weanlings.
“Last year’s sale topper nearly doubled his price when selling at the Easter Yearling Sale and this year's Exceed And Excel colt certainly has all the credentials to standout in any select yearling sale,” Heagney commented.
Bred and sold by Makybe, the sale topper (Lot 62) is from well related Dayjur mare With Fervour. The colt was purchased by leading New Zealand pinhookers Lyndhurst Farm for $110,000.
Lot 187, a colt by High Chaparral from Infrared, also had plenty of admirers and it took $105,000 to secure the youngster from the draft of Rushton Park.
First season sire Star Witness only had the one offering in the Great Southern Weanling Sale and it was certainly popular. The colt offered by Shadwell Farm as Lot 124 was purchased by Ascot Farm from New Zealand for $80,000.
Weanlings, Broodmares or Racing Stock that passed in at the sale are available for sale via the Inglis Make-An-Offer service.
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 |