Journalists Wandering Eyes Posted October 6, 2018 Journalists Share Posted October 6, 2018 The 2018 sales season in Japan has come to an end with the three-day Hokkaido Autumn Sale Oct. 1 to 3. The first two days of the sale offered up horses going through the ring for the first time while the third day was filled with horses who had been withdrawn or bought back at earlier sales throughout the summer. While the overall clearance rate of 71.7% was a slight decrease from 75.1% last year, there were small gains otherwise across the board. The sale grossed ¥1,757,376,000 ($15,456,253/€13,397,098/£11,778,100) and averaged ¥3,479,952 ($30,606/€26,528/£23,322) this year, only a 0.15% and 0.54% increase over 2017, but the median of ¥2,916,000 ($25,646/€22,229/£19,543) was a 3.85% increase and the lowest price was twice as high as last year. The sale topper came during the first day of the dale when lot 198, a Daiwa Major (Jpn) colt out of Agnes Raspberry (Jpn), went to Shoji Hagiwara for ¥27,000,000 ($237,467/€205,830/£180,956). The Autumn Sale is the last of the five sales held by the Hokkaido Sales company each year. This year 2,527 lots were cataloged between the Training Sale, Selection Sale, Summer Premium Sale, Summer Sale, and Autumn Sale. Those sales cumulatively held steady at 71.2% clearance–a 6.3% decrease from the huge industry spike felt in 2017. The five sales grossed ¥10,394,200,000 ($91,397,759/€79,238,658/£69,662,915), this year with a cumulative average of ¥5,777,765 ($50,815/€44,045/£38,723). Last year was a very strong year with unprecedented gains across the board, so a slight correction this year reflects a still-strong market. View the full article Quote Link to comment Share on other sites More sharing options...
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