Fasig- Tipton October Yearling Sale Highlights
Denali Stud landed 6th on the Leading Consignor’s List for the Fasig- Tipton October Yearling Sale with a total of 30 yearlings sold for $1,341,000 and an average of $44,700.
From a 1,598-horse catalog, the largest ever for the October sale, total of 1,007 horses changed hands for all-time high revenues of $38,138,900, up 11 percent from last year’s four-day sale when 963 yearlings brought $34,260,100. The average sale price rose 6 percent to a record $37,874 from $35,576, but the median took a small dip of 13 percent to $13,000 from $15,000. This year’s buyback rate finished at 24 percent after last year’s sale closed at 23 percent.
“It was an outstanding week,” said Fasig-Tipton president Boyd Browning. “There was solid, consistent trade from beginning to end. It’s kind of a testament to our industry that we’ve been selling yearlings for months and there’s still quite a bit of demand for many of the horses, but not all the horses, as we know and understand.
“Overall, I think coming into this sale, we’d hoped to be similar to last year’s levels, and to exceed those levels is really encouraging,” he continued. “I think it’s an indication of the increasing quality of horses being brought to this sale by the consignors, and the buyers are sure here willing to support the consignors and us by bidding on those horses.” (Paulick Report)
Denali’s top selling horses of the consignment were as follows:
Hip 1032, a chestnut filly by Ghostzapper sold for $245K to buyer P. Miller, EQB INC. Agent
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