The average and median prices for the first day of the Tattersalls October Book 2 yearling sale plunged by double digits on Monday, days after the European yearling market showed unexpected resiliency during Book 1 selling.
The average price for the 201 yearlings sold on Monday was $55,498, a decline of 19.1 percent compared with the average price for the 160 yearlings sold last year on the first day of Book 2 selling. The average price last year was itself down 30 percent compared with the 2007 figure.