A record Australian Weanling Sale concluded at Riverside this afternoon with all key financial metrics setting new benchmarks for the auction.
Following two days of trade, 261 foals were sold at an average of $49,500 (up 13%) and median of $30,000 (up 25%), leading to a sale gross of $12,919,500, a 49% year-on-year increase.
A total of 34 foals sold for $100,000 or more – up from 23 last year – while 10 sold for $200,000 or more, a 100% jump on the 2021 renewal.
It ensured a strong start to the Inglis Breeding Stock Sales Series, which continues this week with the Chairman’s Sale and Australian Broodmare Sale.
Today’s Day 2 action mimicked yesterday’s boisterous start, ensuring the auction reached new heights yet again.
Today’s top lot was a Deep Field x Reginae filly of Newgate Farm, purchased by renowned pinhooker Jim Carey for $250,000.
It ensured Newgate ended the sale with 16 weanlings sold from as many offered, one of several vendors to enjoy a 100% clearance rate.
Fairhill Farm ended as leading vendor, grossing $2,183,000 from 28 foals sold.
“It was very good, fabulous really. It takes a couple of days to sink in to be honest but we’re really proud of the results,’’ Fairhill’s Mike O’Donnell said.
“You’re continually rejigging the model but next year we’ll be even better than this year and last year.
“Planning for next year’s weanling sale has already started last year when we mated. We’re planning for the sale in two years’ time right now with bookings.
“As I’ve said before, one of the most important things is to offer them all, which we do, and I think that helps the buyers’ have confidence with our draft each year at this sale.’’
Inglis Bloodstock chief executive Sebastian Hutch was thrilled with the success of the weanling sale.
“It has been a fantastic few days, with the appetite for good weanlings being extraordinary, to the point where demand dramatically outstripped supply,’’ Hutch said.
“There are a lot of positives to come out of the sale and it continues the fantastic momentum that we have had through the yearling sales season.
“We are very much looking forward to the Chairman’s Sale tomorrow night, with the tone for the broodmare sales season having been set by a buoyant Arrowfield Broodmare Reduction which was conducted through Inglis Digital last week.”
To view our Facebook Live review of the Australian Weanling Sale, CLICK HERE.
To enquire about a passed in lot from either day of the sale, contact Harry Bailey on 0420 997 417.
The Inglis Breeding Stock Sales Series reaches its crescendo tomorrow night with The Chairman’s Sale, where 100 lots are catalogued for what is one of the nights of the year at Riverside.
Among the catalogue are 53 fillies or mares that are black type performers or producers, 24 mares that are totally free of Danehill blood as well as an abundance of high-class race fillies and mares such as Shout The Bar, Daysee Doom, Ellicazoom, Ms Catherine, Madam Legend, Yes Baby Yes, Vanna Girl, See You In Spring, Night Raid, Crack The Code, Only Words, Queen Of Dubai, Petition, Sheezdashing, Imposing Lass, Flying Ice, Semari etc.
There is also a rare and unique offering from arguably the world’s leading breeding establishment Juddmonte, who will offer three outstanding prospects, plus mares carrying pregnancies to highly sought-after stallions including I Am Invincible, Snitzel, Exceed And Excel, Written Tycoon, Fastnet Rock, Zoustar, Pierro, Shamus Award, Street Boss, So You Think, Extreme Choice, Capitalist, Deep Field, Wootton Bassett, Farnan, Bivouac etc and leading international sires such as Frankel, Kingman, Medaglia d’Oro, Lope de Vega, Mehmas etc.
The sale begins at 4.30pm, with the Sale Day Live broadcast to begin at 4pm with a 30-minute Preview Show hosted by Caroline Searcy, Brad Gray and Jemma Cutting.
To view The Chairman’s Sale catalogue, CLICK HERE.
The action then concludes on Sunday with the Australian Broodmare Sale, for which 189 mares have been catalogued.
The Australian Broodmare Sale remains a hugely significant breeding stock sale in the context of the Australasian Bloodstock Industry, with dams of G1 winners such as Tofane, Shelby Sixtysix, Montefilia, Private Eye, Stay Inside, Funstar, Youngstar etc have been sourced at the sale in recent years, for as little as $1000, $8000, $13,000, $23,000 etc.
The catalogue features mares in foal to some of Australasia’s most desirable stallions including Russian Revolution, So You Think, Capitalist, Pierro, Deep Field, Toronado, Street Boss, Maurice, Spirit Of Boom, Shalaa and many others, as well as first pregnancies for a host of exciting new stallions like Anders, Bivouac, Doubtland, Farnan, Graff, Hanseatic, King’s Legacy, Lucky Vega, North Pacific, Ole Kirk, Prague, Tagaloa etc.
To view the Australia Broodmare Sale catalogue, CLICK HERE.