Iowa fall sale posts mixed returns
The 2016 Iowa Thoroughbred Breeders and Owners Association fall mixed sale on Sunday was led by a $35,000 Hold Me Back gelding.
Changing hands were 50 horses for revenues of $326,100, a 12 percent decline from last year, when 57 offerings brought $371,350.
The average sale price rose 0.1 percent to $6,522 from $6,515, while the median jumped 30 percent to $3,000 from $2,300. The buyback rate finished at 23 percent, up from 17 percent the previous year.
Makbrook Capital bought the sale-topper, a $35,000 yearling Hold Me Back gelding out of the unraced Distorted Humor mare Mondatta.
The dark bay or brown gelding is a sibling to two runners out of Mondatta, and is from the family of champion War Emblem, as well as Grade 2-placed runners Sweetest Roman and Wayar.
The partnership of Burden Creek Farm and Clifton Farm bred the sale-topper in Iowa; he was consigned at the sale by Clifton Farm.
Madison County Thoroughbreds was the sale’s leading consignor by gross, with 17 horses sold for $117,700. Leading the group was a Woke Up Dreamin gelding who sold to Albaugh Family Stable for $32,000.
Makbrook Capital was the sale’s top buyer, with three purchases totaling $45,400, led by the sale-topper.
To view the full sale results, click here.
http://iowathoroughbred.com/site/wp-content/uploads/16-Faxable-Results-2.pdf