Strong Trade At South Island Sale

Strong Trade At South Island Sale

A busy crowd at the Canterbury Agricultural Park today competed hotly to provide new record results for the annual New Zealand Bloodstock South Island Sale in Christchurch.

Trading was strong right from the outset, with the two-year-old offering setting a new record average of $14,430, up a healthy 16% from $12,483 last year.

Notable strength to the middle market saw the median price for the two-year-olds increase by 6.25% to $8,500 ($8,000 in 2006), while at the upper end 11 two-year-olds sold for $40,000 or more compared with just three last year. With 100 two-year-olds sold from the 149 catalogued, the clearance rate finished at 73%.

The top lot of the Sale was the two-year-old Postponed gelding from Grosvenor mare La Banca (Lot 63) bought for $70,000 by Christchurch buyer Peter Williams.

The Sale also featured yearlings, unraced stock, racehorses and broodmares with a top priced lot of $36,000. This came in the Racehorse section with Lot 165, a winning Montjeu mare from Group 1 winner, On Air (Mi Preferido), bought by Ric Wylie Bloodstock.

All Sale sessions combined to post a final aggregate of $1,572,250 for 126 lots sold ($1,816,300 for 156 sold in 2006) with an average of $12,478 - up 7% from $11,643 last year.

With pleasing local and international depth to the buying bench, Australian buyer Newmarc Bloodstock was the leading individual purchaser of the day with six horses bought for $131,000. This included a top price of $44,000 for Lot 38, an untried two-year-old colt by Thorn Park out of Fam Damily (Colonel Collins) offered by Curraghmore Stud.

Once again the leading vendor of the Sale was Berkley Stud who had a hugely successful day with 18 of their 19 entries sold for an aggregate of $378,500. This represented an average of $21,028, up from their own sale-topping average last year of $19,727. The Stud's top lot of the day was the second highest price of the Sale, with the Dash For Cash colt out of Regent Appeal (New Regent) (Lot 108) selling for $65,000 to Australian buyer Johnston Houlahan Bloodstock from Victoria.

2007 SOUTH ISLAND SALE SUMMARY

OVERALL SALE SUMMARY
OVERALL 2007 2006
Average Price $12,478 $11,643
Aggregate $1,572,250 (126 sold) $1,816,300 (156 sold)
Median $7,000 $8,000
Clearance Rate 72% 76%
TWO-YEAR-OLD SESSION SUMMARY
TWO-YEAR-OLDS 2007 2006
Average Price $14,430 $12,483
Aggregate $1,443,000 (100 sold) $1,647,750 (132 sold)
Clearance Rate 73% 76%
Median $8,500 $8,000
Top Price $70,000 for Lot 63 $50,000 for Lot 26 & Lot 88
TOP LOTS
LOT TYPE BREEDING PURCHASER PRICE
63 B.C Postponed / La Banca MR PJ WILLIAMS (Christchurch) $70,000
108 B.C Dash for Cash / Regent Appeal JOHNSTON HOULAHAN BLOODSTOCK (VIC) $65,000
64 B.C O'Reilly / La Comaneci NZB as agent (Hamilton) $62,500
82 C.C Pentire / Miss Tris MR PJ WILLIAMS (Christchurch) $52,500
8 B.C El Moxie / Bow to Me MRS KG PARSONS (Christchurch) $50,000
15 Bl.C My Halo / Cat Attack NZB as agent (Hamilton) $48,000
19 B.G Keeper / Charzeel MISS T RAE (Christchurch) $48,000
30 B.C Ekraar / Eartha NZB as agent (Hamilton) $48,000
38 C.C Thorn Park / Fam Damily NEWMARC BLOODSTOCK (VIC) $44,000
124 B.C Howbaddouwantit / Snappy Legs MR RA YUILL (Auckland) $40,000
TOP TWO-YEAR-OLD SIRES BY AVERAGE (3 or more sold)
STALLION SOLD AVERAGE (NZ$) TOP LOT
Yamanin Vital 3 $25,333 Lot 48 - $28,000
Keeper 3 $23,083 Lot 19 - $48,000
Ekraar 3 $22,667 Lot 30 - $48,000
Howbaddouwantit 4 $21,000 Lot 124 - $40,000
Viking Ruler 3 $17,833 Lot 44 - $32,500
LEADING BUYERS BY AGGREGATE
PURCHASER No. AGGERGATE (NZ$) TOP LOT
NZB as agent 9 $180,000 Lot 64 - $62,500
NEWMARC BLOODSTOCK 6 $131,000 Lot 38 - $44,000
MR PJ WILLIAMS 2 $122,500 Lot 63 - $70,000
JOHNSTON HOULAHAN BLOODSTOCK 2 $100,000 Lot 108 - $65,000
MR G OLD 6 $80,750 Lot 111 - $28,000
LEADING VENDORS BY AGGREGATE
VENDOR No. AGGREGATE (NZ$) TOP LOT
BERKLEY STUD 19 $380,500 Lot 108 - $65,000
GRANGE FARM 3 $160,500 Lot 63 - $70,000
PHOENIX PARK 5 $117,500 Lot 30 - $48,000
WHITE ROBE LODGE STUD 11 $109,500 Lot 111 - $28,000
HT ANDERTON STABLES 2 $80,500 Lot 82 - $52,500
LEADING VENDORS BY AVERAGE (3 or more sold)
VENDOR No. AVERAGE (NZ$) TOP LOT
GRANGE FARM 3 $53,500 Lot 63 - $70,000
PHOENIX PARK 5 $23,500 Lot 30 - $48,000
BERKLEY STUD 19 $20,026 Lot 108 - $65,000
ESKER LODGE 4 $10,125 Lot 37 - $20,000
WHITE ROBE LODGE STUD 11 $9,955 Lot 111 - $28,000
ends

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