The Fasig-Tipton and Keeneland November breeding stock auctions annually showcase highly anticipated weanlings from first-crop sires, and several from this year’s cohort found favor among buyers, led by Ashford Stud’s Uncle Mo, whose fast start at the November sales echoed his accomplishments on the racetrack.
No matter how you slice it, business has been good at the major Kentucky mixed sales. Gross sales, as well as average and median prices, were up almost across the board during the one-day Fasig-Tipton Kentucky select fall mixed sale and the first three books of the Keeneland November breeding stock sale, comprising the first six of 10 sessions. One particular indicator that gave industry stakeholders a sense of optimism about the health of the mixed market was a significant and consistent drop in the buyback rate.
The Keeneland November breeding stock sale came to a close on Thursday, showing marked improvement in all economic indicators compared with last year’s auction, including a median sale price that equaled the all-time record.
Wednesday’s penultimate session of the Keeneland November breeding stock sale continued the positive trend of the marketplace, with another round of improved figures as the auction moved into Book 5.
The Keeneland November breeding stock sale continued on Tuesday with another day of gains, highlighted by notable racing and breeding prospects offered during the auction’s horses of racing age portion.
The Keeneland November breeding stock sale headed into its final four days as Monday marked the first of two Book 4 sessions. The sale posted sizable gains in all major economic figures during the session, indicating that the strong results from Books 1-3 were carrying over into the middle-market offerings in Book 4.
It does not take a seven-figure auction price to obtain a Breeders’ Cup winner. In fact, results from this year's renewal of the Breeders’ Cup prove that one can be had for a downright bargain price.
The premier Kentucky fall mixed sales are always of note on the international bloodstock calendar. But this month, they sent an extra ripple through the market, as mares carrying foals from the initial crop of unbeaten champion Frankel were offered at public auction for the first time.
Momentum at the Keeneland November breeding stock sale showed no signs of slowing as Book 3 concluded with continued gains Sunday.
As the Keeneland November breeding stock sale hit its halfway point on Saturday, completing its fifth of ten sessions, gross revenues for the 2013 auction surpassed the final total for last year’s 11-day sale.
