09/03/2013 11:09PM

CTHS Ontario premier yearling sale posts declines

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The Canadian Thoroughbred Horse Society’s premier yearling sale closed Tuesday at the Woodbine Sales Pavilion in Rexdale, Ontario, with across-the-board declines from last year’s edition.

The select sale of Canadian-breds featured 137 horses sold for revenues of $2,849,777 ($3,003,000 Canadian), down 24 percent from the 155 yearlings sold for $3,740,643 (3,942,000 Canadian) in 2012. The average sale price of $20,798 ($21,920 Canadian) was down 14 percent from last year’s figure of $24,130 ($25,432 Canadian), while the median fell 11 percent, from $17,080 ($18,000 Canadian) to $15,183 ($16,000 Canadian).

Meanwhile, the buyback rate was 35 percent, up significantly from last year’s rate of 25 percent.

Topping the sale was a Perfect Soul colt, who sold to Cudney Stables and Partner for $161,305 ($170,000 Canadian). The bay colt, consigned as agent by Richard Hogan, is out of the Seeking the Gold mare Tapatina, who is the dam of three winners from as many foals to race, including Grade 1 winner Internallyflawless.

The colt’s notable family members include European champion Bosra Sham, Italian champion Proskona, French classic winners Hector Protector and Shanghai, Grade/Group 1 winner Ciro, Group 2 winners Keos and Trailblazer, and Grade/Group 3 winners Korveya, Utrecht, and Rosberg.

The Ontario-bred colt is a product of leading breeder Charles Fipke’s program, as is his sire, Grade 1 winner and leading Canadian sire Perfect Soul, who returned to Darby Dan Farm in Lexington, Ky., after standing the 2012 season at Norse Ridge Farms in Ontario.

The CTHS Ontario yearling sale continues with an open session on Saturday, Sept. 7 at 5 p.m. Eastern.

For hip-by-hip results, click here.