09/08/2013 5:38PM

CTHS Ontario open yearling session ends with across-the-board declines

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Saturday’s open session of the Canadian Thoroughbred Horse Society’s premier yearling sale posted declines in gross, average, and median, following similar across-the-board reductions endured in the select session on Sept. 3 at the Woodbine Sales Pavilion in Rexdale, Ontario.

CTHS reported 75 hips sold in the open session for gross receipts of about $325,540 ($339,100 in Canadian funds), a 31 percent drop from the open portion of the 2012 sale, when 100 hips sold for about $470,700 ($490,300 Canadian). The session average of $4,340 ($4,521 Canadian) fell 8 percent, while the median of $3,360 ($3,500) slipped 14 percent. The buyback rate was 36 percent; in 2012, it was 28 percent.

Frank Di Giulio Jr. spent about $30,720 ($32,000 Canadian) on the open session’s highest-priced yearling, a bay colt from the first crop of champion and Queen’s Plate winner Not Bourbon. Consigned by Woodlands, agent, the colt is out of the winning Northern Afleet mare Afleet Kris and is related to several stakes winners, including multiple Grade 3 winner and course record holder El Cielo and Grade 3 winner Mountain Rage.

Overall, the CTHS premier yearling sale posted gross revenues of $3,208,470 ($3,342,100 Canadian), down 25 percent from last year’s auction. The average of $15,135 ($15,765 Canadian) fell 9 percent.

For complete results, click here.