Tom Callaghan. Encouraged by sale results
The 2013 KZN Yearling Sale ended with both the aggregate and average price well up on last year’s results.
The two day sale ended with aggregate having risen from R13 135 000 (2012 to a handsome R20 270 000 this year. This meant the gross aggregate was up a staggering 54%!
Both the average and median also enjoyed handsome returns on last year’s statistics. The sale’s average (R90 089) was up 31% on last year – when the average price was R68 770.
The median’s 20% rise saw it reach R60 000 of a 2012 mark of R50 000.
Top selling KZN-breds on the second day was a Mogok colt from Scott Bros, who sold for R400 000 and a Silvano filly from Rathmor Stud who reached R200 000.
Lot 270 from the Scott Bros was an outstanding half-brother to 6-time Gr 1 placed Intellectual. Sold to Locco Torro Civils for R400 000, Front Rank is out of mare Jump Ahead by Sapieha – a very strong Highdown Stud pedigree.
Rathmor Stud had a cracking sale and sold their beautiful big Silvano filly for R200 000 to Mr J Janse Van Vuuren. Named Barcelona Babe, the bay filly sold as Lot 220, a half-sister to Gr 3 placed Power Lord she is out of First World by Sportsworld. Her dam has produced two runner and two winners to date.
Rathmor sire Strategic News achieved the highest average for a KZN-based stallion – selling his first two colts for an average of R170 000 while stalwart sire Muhtafal achieved an average of R118 750 for four lots.
Congratulations to Bruce and Delia Le Roux of Spring Valley who achieved as KZN’s top vendors, averaging R123 929 for each of their 14 horses sold.
CEO Tom Callaghan was ecstatic by the sale’s growth and improved statistics, saying,” Overall the sale’s median, aggregate and average were well up on last year’s results. We had a much stronger catalogue this year, with many of the country’s top sires well represented. It was also encouraging to see a great crowd turnover, as well as a number of new buyers.”
“This sale continues to grow in stature, and its positioning in relation to July is a stroke of genius. It has also benefitted from great teamwork from both BSA and the KZN Breeders. The positive uptick in the SA bloodstock market defies logic when taking into account the overall financial situation and is a tremendous tribute to the resilience of the South African racing community.”
www.tba.co.za
