Competitive trade continues at Keeneland as three reach $300,000 mark
227 horses sold for a total of $13,153,000 on the fourth day
The fourth day of the Keeneland November Breeding Stock Sale saw three individuals sell for $300,000 each in a session which saw 227 horses realise a total of $13,153,000, an average of $57,943, and a $42,000 median.
The three session toppers were Hip 1149, Quality Heat, a three-year-old Quality Road filly purchased by Springbord Farm from Bluewater Sales, Hip 1183, Sex Symbol, an Uncle Mo mare bought by Green Lantern Stables from Bluewater Sales; and Hip 1269, a Mendelssohn weanling colt acquired by OXO Equine from Four Star Sales.
Sequel Bloodstock's Becky Thomas said of trade: "It's been tough. I thought we had enough money to buy what we wanted, but we don't. It's very competitive for what we're trying to buy. We've bought four mares from $90,000 to $425,000. I'm trying to get something with upside. Young mares in foal to first-year stallions are what's very sought after."
Another buyer who found the going tough on Thursday was Kevin McKathan, who was buying weanlings to be resold.
"I've bought three and been outbid a lot," McKathan said. "The real nice physicals, you have to pay up for them. Your middle and lower-end horses are hard to move."
Cumulatively, 777 horses have grossed $120,262,000 for an average price of $154,777, a $90,000 median, and an RNA rate of 24.5 per cent. Through four sessions a year ago, Keeneland had sold 908 horses for $154,833,200, averaging $170,521 with a median price of $100,000.