NEWS: SALES

NY-bred indicators improve at OBS June halfway point

Thursday, June 16th, 2016

OBS LogoBy Sarah Mace

With a trio of new top-sellers and rising cumulative average, the market for New York-bred juveniles picked up considerably from the first to the second session of this year’s four-day Ocala Breeders’ Sales Co. June 2-year-old sale.

The New York-bred standout of Wednesday’s trading was Hip 306, a Pure Prize filly who sold from the consignment of Costanzo Sales to E. L. R. Corp. for $105,000 after breezing an eighth in :10 1/5 at the under tack show. Costanzo purchased the bay filly as a weanling in 2014 for $33,000 at the Fasig-Tipton New York fall mixed sale.

Bred by Barry R. Ostrager and foaled on May 22, 2014, the sale filly is out of Firm Affair, who was purchased by Ostrager in foal at the 2013 Keeneland November sale for the bargain price of $10,000. Firm Affair is a multiple winner by Colonial Affair who has produced a stakes placed full sister to the sale filly, Faerie Queen.

The top-selling New York-bred colt to change hands on Wednesday was Hip 417, a bay juvenile from the first crop of Tapizar, who sold from Ciaran Dunne Wavertree consignment for $60,000. Linda Rice signed the ticket on behalf of William Hirsch. The colt posted his eighth of a mile breeze in :10 2/5.

Bred by Fred W. Hertrich III and foaled on February 24, 2014, the sale colt was the top-selling New York-bred yearling of his session at the Fasig-Tipton Kentucky October yearling sale, when hammered down to Purpoodock Bloodstock for $125,000 (the same price for which he RNA’d as yearling at the 2015 Fasig-Tipton New York preferred yearling sale). Additionally, before going through the OBS June sale, he RNA’d for $185,000 at OBS March.

The Tapizar colt is the first foal out of Introvert, a multiple winner by Smarty Jones and half sister to five other winners, topped by Argentinian 2-year-old champion Forty Greeta, who is also a stakes producer, and Grade 2-winning sire Honorable Dillon.

At the halfway point in the OBS June sale 23 of the 38 New York-breds offered have sold (including four private sales) for a buyback rate of 39.4%. The cumulative average now stands at $26,996 and median at $15,000.

For the sale so far, the average is $29,078 (down 21.8 % from the same point in the sale last year). The median (down 21.1 %), like the New York-bred median, is $15,000. RNAs are 29.6%.

The June Sale continues Thursday at 10:30 a.m. (Hips 601-900).

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