Updated on 01/27/2017 1:07PM

OBS winter mixed sale closes with sharp declines in prices

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The Ocala Breeders’ Sales Co. winter mixed sale took the brunt of a market becoming less forgiving toward lower-level entries, punctuated by significant across-the-board declines and a higher buyback rate.

The two-day auction closed with 326 horses sold for revenues of $2,970,700, down 35 percent from last year’s edition, which posted a gross of $4,597,600 from 361 sold.

This year’s average sale price fell 28 percent to $9,113 from $12,736, while the median price declined 25 percent to $4,500 from $6,000.

Average and median returns kept a solid pace with the 2016 renewal during the auction’s consignor select session on Wednesday, despite posting a disconcerting 48 percent buyback rate. However, issues in buyer activity were compounded during Thursday’s open session, which caused the overall buyback rate to finish at 37 percent, up from 30 percent last year.

More telling of the marketplace was the number of horses that passed through the ring without receiving a bid, which rose to 48 this year from 17. Of that group, 83 percent were offered during the open session, and 33 of the 48 no-bids were non-yearlings.

One horse changed hands for more than $100,000, down from six last year, though one of those came through private sale. Ten horses sold for $50,000 or more, tying last year’s comparable session.

Newly turned yearlings dominated the proceedings, accounting for the session-toppers during the consignor select and open sessions, and 16 of the top 20 overall prices.

The only horse to eclipse the six-figure mark was a yearling Shanghai Bobby filly who sold to East Hickman Bloodstock for $110,000.

The dark bay or brown April 1 foal is out of the stakes-placed Yankee Victor mare Yankee Victoria, whose two winners from as many runners includes Whisper Light, a Group 2 winner in Trinidad and Tobago. This is the first six-figure foal at auction for Yankee Victoria.

Bred in Florida by Kris R. Del Giudice, the filly is from the extended family of Argentine Group 2 winners The Best Sing and Seattle States and Grade 3 winner Fistfite.

The filly was consigned by Summerfield, as agent.

The horses of racing age portion on Wednesday was led by Lake Sebago, a multiple stakes-winning Munnings mare who sold to Douglas Arnold for $87,000, giving her the auction’s third highest overall price.

A 5-year-old mare, Lake Sebago has won 3 of 21 starts for earnings of $243,225, with wins in the 2014 Smart Halo Stakes and Gin Talking Stakes at Laurel Park. She ran second in the Tax Free Shopping Distaff Stakes at Delaware Park last year and in the Marshua Stakes at Laurel in 2015.

Lake Sebago was previously owned by Tim E. O’Donohue Racing Stables and trained by John Robb.

Bred in Kentucky by Machmer Hall and Carrie and Craig Brogden, Lake Sebago is the first foal out of the unraced Borrego mare Aviva’s Pride, whose two foals to race are both winners. She is from the family of Canadian champion Hollinger and Grade 2 winner Something Lucky.

Abbie Road Farm consigned Lake Sebago, as agent.

A pair of broodmares topped their segment, each selling for $22,000.

Aerospace, an unraced Invasor mare, sold to Carol Ann Reitman in foal to Kantharos. Starlet O’Hara, a stakes-placed Discreetly Mine mare, sold to H&E Ranch in foal to Khozan.

Francis and Barbara Vanlangendonck’s Summerfield was the auction’s leading consignor, with 30 horses sold for $379,500, including the sale-topper.

East Hickman Bloodstock was the top buyer, with six purchases totaling $348,000. In addition to the sale-topper, the operation also bought the auction’s second-most expensive offering, a $90,000 yearling Into Mischief filly.

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