09/19/2012 7:59PM

Keeneland September: Average jumps 23 percent on Day 9


Key figures for the Keeneland September yearling sale remained strong during the bellwether auction’s ninth day of selling on Wednesday, with average gaining 23.1 percent over the comparable day last year and median jumping 33.3 percent.

Average for 302 horses sold was $27,245 on Wednesday, compared to average of $22,127 during last year’s comparable session. Median on Wednesday was $20,000, compared to median of $15,000 last year. The buyback rate during the session was 9.6 percent, compared to a buyback rate of 13.7 percent during the comparable session last year.

Cumulatively through the nine sessions, gross receipts this year are $214,039,00, down from a total of $215,187,500 in 2011, with one less day of selling this year (the select portion of this year’s sale was conducted over one day of selling, compared to two days last year). The cumulative average is $99,785, up 4.2 percent, while the cumulative median is $55,000, up 10 percent.

A colt by Yes It’s True out of the winning Saint Ballado mare Wadena was the session topper on Wednesday, bringing $220,000 from James Kasparoff, acting as agent. Kasparoff is a California-based trainer.

The highest-priced filly to sell on Wednesday was a Pioneerof the Nile filly out of the Storm Cat mare Charming Toutsie, bought for $150,000 by Sagamore Farm in Maryland.