LEXINGTON, Ky. - Keeneland's September yearling sale, the world's largest Thoroughbred yearling marketplace, ended Saturday with declines of 17 percent in gross and 18 percent in average. But the 12-day auction defied consignors' pre-sale fears of much steeper decreases in revenue.
This year's auction sold 2,933 lots for total receipts of $210,802,500, down from last year's sale of 2,895 yearlings for $254,190,600. Average price this year was $71,873, a drop from $87,803 last year. But median rose by 20 percent, climbing from $25,000 last year to $30,000.