10/21/2013 1:28PM

Gross sales rise, averages decline at Iowa all-age fall sale


A larger catalog helped drive improved total receipts at the Iowa Thoroughbred Owners and Breeders Association’s all-age fall sale on Sunday, but average and median figures finished below last year’s levels.

A total of 49 horses were moved during the one-day sale for revenues of $314,250, a 39 percent growth from last year’s gross of $225,100 from 26 sold. The average price of $6,413 was a 26 percent drop from last year’s figure of $8,658, while the median fell 60 percent from $4,700 to $1,900. The buyback rate was 16 percent, which was a significant drop from last year’s figure of 35 percent.

A pair of yearling colts topped the sale, each hammering for $42,000.

Hitting the mark first was a Devil His Due colt who sold to River Ridge Ranch. Bred in Iowa by Jacob Dean Connolly, the colt, who is out of the stakes-winning Cryptoclearance mare Dazzline Crypto, is a sibling to four winners from five foals to race, and is from the family of stakes winner Soup for Lunch and Panamanian Group 2-placed winner Between In. Consigned by Madison County Thoroughbreds, he is the highest-priced foal to sell at public auction out of his dam.

Albaugh Family Stable went to the same price to secure Colonel Ted, a yearling Colonel John colt out of the stakes-placed winning Wild Again mare Shimmering Tale. The dam is a producer of one winner from one foal to start – stakes-placed winner My Daughter’s Song. Co-bred in Iowa by WinStar Farm and consignor Clifton Farm, Colonel Ted’s notable family members include stakes winner Jaguar City. He is also the most expensive foal to sell out of his dam.

Madison County Thoroughbreds was the sale’s leading consignor by gross, with 11 horses sold for revenues of $94,700, led by the co-sale-topping Devil His Due colt River Ridge Farm, the buyer of that colt, was the sale’s leading buyer, with three purchases totaling $73,000.

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