Hello everyone, I am following up on an article I did on the Tattersalls Ireland August National Hunt sale, once again I was back at the Tattersalls Ireland, this time for the September Yearling Sale which finished on a Wednesday evening, before leaving I grabbed a set of results for the sale. After going threw the results along with last years, it was clear to see this years results were ahead of the totals from 2009.
In saying all that, last years auction had three six figure transactions, the highest price this time around was €70000, but despite this the aggregate for the sale increased, along with the median and the average. The sale also had a very good clearance rate. However, despite what seems to be good news the final figures are some way short of where they were when the market was at its height and some vendors were forced to sell at a loss on even the covering fees let alone the production cost.
In my last article I mentioned the strong presence from overseas buyers had and this sale was no different, with many purchasing animals giving the market a solid base and depth, many of these buyers came as far from France, Spain, Slovakia, Poland, Czech Republic, Switzerland, Italy and as always the UK had a big number, which still indicates the Irish bred horse will always be in demand.
One of the top lots was a filly by Choisir and the other was a colt from the first crop of Excellent Art, both achieving the €70000 mark, there were many others making the 30 to 40000 mark and one lot made €65000. There were a few lots who made there pin hookers a decent return, one which I saw was purchased as a foal the previous year for €9000, sold for €51000 which is a very good return.
So to sum it all up, things may look as if they are starting to improve on what has been a disastrous couple of years all the way across the horse industry but especially for the breeders who depend on a strong market to sell there animals, so fingers cross the market can continue to grow and get stronger.
