09/08/2016 8:25AM

Prices rise at Equine Sales Co. of Louisiana yearling sale


The fourth edition of the Equine Sales Co. of Louisiana consignor-select yearling sale closed on Tuesday with gains across the board, highlighted by a $145,000 Into Mischief colt.

A total of 137 horses sold Tuesday for $1,448,900, up 37 percent from last year’s consignor-select sale, where 121 horses brought $1,060,600. The average sale price increased 23 percent from $8,765 to $10,788, while the median price rose 38 percent from $4,000 to $5,500. Those figures marked the third-highest gross and average in the auction’s history and the second-highest median.

The buyback rate finished at 34 percent, up from 32 percent in 2015.

At the top of the market, four horses sold for $50,000 or more, doubling last year’s total. The number of horse to bring $25,000 or more rose from nine to 12.

Eddie Woods’s Quarter Pole Enterprises bought the sale-topper, a $145,000 Into Mischief colt.

The bay colt is out of the stakes-placed Capote mare Mystery At Sea, whose six winners from nine foals to race include stakes winner Cook Some Rice and stakes-placed Carmen’s Mystery. He is from the family of Grade 2 winner Desert Waves, Grade 3 winner Fly Smartly, and Scandinavian champion Silver Ocean.

The colt was bred in Louisiana and consigned as agent by Clear Creek Stud.

Quarter Pole Enterprises accounted for three of the auction’s four most-expensive purchases, also buying a $60,000 Overanalyze filly and a $50,000 Quality Road filly.

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