Yearling Sales

[Nowornever]

Looked like quite a few getting passed in today. A few lots were sold over 200K.

On the other end of the scale a couple of bargain buys at around 2-3K were purchased. Will be interesting to see the numbers when they come out.

[Brodie]

HRNZ And NZ Bloodstock will say what a food sale it was and that is what they need to say even if they are stretching the truth a bit.

Many passed in and so many bred and sold will have returned a loss and that will make many current vendors reassess things going forward!

The average is always skewed due to the highest ones sold whereas the median is more accurate but with so many taking their yearlings back unsold, does this actually tell the true story?

We are at a crossroads with breeding and racing and whether current breeders continue to have the appetite to breed in the future knowing that there are going to be much fewer buyers in the future due to the $ from Entain stopping!
Indeed interesting times and good luck to those breeders who continue to provide horses to race.

Costs to breed to a top stallion and present a horse at the sales you wouldnt get any change out of $50k 

[Brodie]

14 minutes ago, Brodie said:

HRNZ And NZ Bloodstock will say what a food sale it was and that is what they need to say even if they are stretching the truth a bit.

Many passed in and so many bred and sold will have returned a loss and that will make many current vendors reassess things going forward!

The average is always skewed due to the highest ones sold whereas the median is more accurate but with so many taking their yearlings back unsold, does this actually tell the true story?

We are at a crossroads with breeding and racing and whether current breeders continue to have the appetite to breed in the future knowing that there are going to be much fewer buyers in the future due to the $ from Entain stopping!
Indeed interesting times and good luck to those breeders who continue to provide horses to race.

Costs to breed to a top stallion and present a horse at the sales you wouldnt get any change out of $50k 

Good not food sale 😂