09/03/2014 9:44AM

Full sibling to Pender Harbour leads strong Ontario select yearling session

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A full  brother to Canadian champion Pender Harbour sold for about $297,000 ($325,000 Canadian) to highlight Tuesday’s select session of the Canadian Thoroughbred Horse Society’s premier yearling sale. The session posted encouraging gains in gross, average, and median along with an improved buyback rate.

The CTHS reported 135 yearlings sold Tuesday for total receipts of about $4,070,000 ($4,446,000 Canadian), with an average price of about $30,270 ($33,081 Canadian) and a median of $22,950 ($25,000 Canadian). The gross increased 48 percent compared with the 2013 select session, while the average rose 51 percent and the median spiked 56 percent. The buyback rate at Tuesday’s select session was 28 percent, compared with 35 percent in 2013.

Tuesday’s results validated a sense of guarded optimism among many heading into this year’s CTHS sale, as Ontario’s racing and breeding programs have been bolstered by improved relations with the provincial government as well as new purse bonuses for Ontario-breds and breeders’ awards.

“Our local breeders have struggled for the last couple of years and it is with renewed optimism and well deserved success that those who persevered through these trying times have finally been rewarded as a result of faith and confidence, now prevalent in our Ontario-bred/Ontario-sired program,” said Yvonne Schwabe, sales chair and director of the Ontario CTHS.

John Leblanc, bidding as agent for a syndicate, purchased the session topper, a chestnut son of former Canadian sire Philanthropist out of the stakes-placed Hail the Ruckus mare Uproar. She is the dam of seven winners from eight starters, including Pender Harbour, who won two legs of the Canadian Triple Crown in 2011 and received the Sovereign Award as champion 3-year-old male. Uproar is also the dam of stakes winner and producer Silent Course.

The session-topping colt was consigned by Mapleville Farms, as agent for his breeder, Paradox Farm.

The CTHS Ontario premier yearling sale continues with a single open session on Wednesday.

For hip-by-hip results, click here.