Keeneland November Book 3 checkpoint: New York-breds by the numbers

[1]By Sarah Mace

With five sessions of trading comprising Books 1-3 of the 12-day Keeneland November Breeding Stock sale completed, a review of the key indicators for New York-breds paints a positive picture. The sale price for weanlings and mares though the first three books has averaged well over six-figures and the median price for the group has outperformed the overall sale median.

In all, 78 new York-breds have gone through the auction ring, resulting in 58 completed sales for a gross sales of $7,315,000. New York-breds have posted an average price of $126,121. The cumulative average for the general population of the sale is $144,409.

The median price of $82,500 for the New York-bred contingent came in a couple of ticks above the cumulative sale median of $80,000. The New York-bred buyback percentage of 25.6% was a shade below the overall RNA percentage of 25.8%.

In all 27 New York-breds have brought prices of $100,000 and up – 10 weanlings and 17 mares. Twelve individuals have sold for $200,000 and up – three weanlings and nine mares. A pair of weanlings and three mares have been hammered down for $300,000 and up.

The top weanling and top New York-bred overall[2] was the second foal out of champion female sprinter La Verdad by Tapit, who went to a partnership of Mandy Pope’s Whisper Hill Farm with Three Chimneys for $800,000.

The price tag for the Tapit youngster eclipses the weanling toppers of recent years. The New York-bred weanling marketplace has been in the ascendant, increasing five-fold between 2010-17. In 2010 total sales came in at $1,339,500; in 2017 receipts totaled $6,942,400. Weanling toppers in 2013 and 2014 brought $200,000; in 2015 the weanling topper sold for $190,000. In 2016 and 2017 the weanling toppers were $275,000 and $420,000, respectively.

The best-selling New York-bred broodmare in the first three books at Keeneland was Photograher, offered as Hip 934[3] from the consignment of Hill ‘n’ Dale Sales Agency and sold in foal to Pioneerof the Nile[4] on a February 23 cover to Dixiana Farm for $380,000.

The November Sale continues through Friday, Nov. 16, with all sessions beginning at 10 a.m. The entire sale is streamed live at Keeneland.com[5].

 

Source URL: https://www.nytbreeders.org/news/2018/11/10/kee-nov-18-recap-though-book-3/

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