08/26/2015 7:48PM

OBS August: Open portion sees gains in first session

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The first of two open sessions of the Ocala Breeders’ Sales Co. August yearling sale closed on Wednesday with marked improvements in average and median sale price over last year’s middle session despite the lack of a six-figure horse.

OBS reported 206 horses sold on Wednesday evening for revenues of $3,109,700, down 11 percent from last year’s first open session gross of $3,503,000 from 266 sold.

While bulk figures were down due to a smaller catalog, the average sale price rose 15 percent from $13,169 to $15,096, while the median increased 14 percent, from $9,000 to $10,250. The buyback rate finished at 21 percent, down five percentage points from last year’s first open session figure of 26 percent.

Two horses sold for higher prices than this year’s $70,000 session-topper during last year’s second day, but the 10 yearlings that brought $50,000 or more on Wednesday outnumbered the seven to do on the same day of the 2014 renewal.

H & E Ranch purchased the day’s most expensive yearling, Morning Dance, a Broken Vow filly out of the winning Mt. Livermore mare Morning Sky.

Bred in Maryland by J. Harlan Williams Jr. and Rosalie Thompson, the filly is a sibling to one winner from three foals to race, and comes from the family of European Horse of the Year Vaguely Noble, Canadian champion Inish Glora, New Zealand Group 1 winner Nacho Man Panamanian Group 1 winner Rosa de Viena, and Grade 3 winner Radiant Megan.

Southern Cypress Stable, as agent, consigned the filly, who was a $20,000 weanling purchase at the 2014 Keeneland November breeding stock sale. The transaction made Morning Dance the most expensive foal out of her dam to sell at public auction, surpassing full sister Morning Vow, who brought $50,000 at this year’s OBS March 2-year-olds in training sale.

Francis and Barbara Vanlangendonck’s Summerfield was once again the session’s leading consignor by gross, after previously topping Tuesday’s select session, moving 28 yearlings on Wednesday for $503,000. The consignment was led by the day’s co-second-highest-priced offering, a $65,000 Kantharos filly who sold to Stonestreet Stables.

De Meric Stables, as agent, also repeated as the session’s top buyer after also leading the select portion, purchasing four horses for a combined $155,500. The operation of prominent 2-year-old consignor Nick de Meric secured the day’s other co-second-most expensive horse, a Temple City filly consigned by Southern Cypress Stables.

The OBS August sale concludes Thursday with its second and final open session, beginning at 11 a.m. Eastern.