BLOODSTOCK SA are delighted with the results of last week’s Emperors National Yearling Sale held at the TBA Comnplex and CEO Tom Callaghan writes:
I just wanted to thank you all for your contributions to a successful Emperors Palace National Yearling Sale – breeders, buyers, bidders and under bidders all play such an important part in making the sale a success, and this was one of the best National Yearling Sales we have had in years.
The saying “only in Africa” was never more evident than on Sunday with a robbery drama at Emperors Palace, an enforced late start, electricity outages and all sorts of curve balls that all of you took in your stride. We talk about how we breed tough horses, but sometimes we forget how tough and resilient we are as a nation and community of hard-core racing enthusiasts!
Bob Yearham, the CEO of Emperors Palace, called me to apologise for the drama that unfolded on Sunday morning, and I have to take my hat off to him and his team for handling a really difficult situation in the professional manner they did. He was very sorry we had to delay the sale, and for all those involved to have experienced this unfortunate incident.
We are very happy with our results which show an increased turnover of almost 45% with an increase in the median price from R150 000 to R200 000 which equates to a 33% year on year increase – which is very much in line with global bloodstock sales.
Top priced lot on the sale was Lot 263 a Dynasty colt, consigned by Drakenstein Stud. Out of the Gr1 winning mare Wonderful World, the colt, named Trees of Green was sold to Mayfair Speculators for R3 600 000.
A daughter of champion Australian sire, Encosta De Lago, was the sales’ top priced filly. Catalogued as lot 330, the unnamed filly, who is out of a Danehill mare, was consigned by Summerhill Stud (as Property of a Partnership). She was purchased by Wilgerbosdrift, and, no doubt, will prove a very valuable broodmare prospect later on.
Headline photo: Lot 330, Purely Atomic, top-priced filly from Summerhill Stud. (Liesl King/summerhill.co.za).
Leading vendors at the sale, by aggregate was Varsfontein Stud, whose 24 lots to sell amassed R8 540 000. Top vendor, by average (3 or more sold) was Klipdrif Stud who sold three yearlings for the impressive individual average of R1 256 667.
Form Bloodstock were the sales’ top buyers by aggregate. The agency signed for 18 lots which grossed R11 125 000. Form also combined with Shadwell to purchase five lots for R5 850 000.Locally bred sires dominated the list of top sires. The late, great Jet Master, was the sales’ top sire by aggregate. The local legend, who was selling his last crop, sold 24 yearlings for a total of R16 140 000. Jet Master’s final crop to pass through the National Sale ring averaged R672 500.
Our clearance rate was 82%, this excludes Vendor Buy Backs, and we feel this is a good performance considering the current economic climate we operate in.
All passed through yearlings are now available on our website to view and are available for sale.
We really appreciate your support and loyalty and hope you had an enjoyable sales experience.
Our next sale is the Cape Mare and Weanling Sale on the 23rd May in Worcester and we have some excellent mares and weanlings on sale, please see our website for the online catalogue. Please contact us if you need a catalogue.
Some exciting news hot off the press is that we will be selling dual Gr1 winning filly Thunder Dance on the sale as well as the dispersal of Novisara Stud. Another highlight is National Celebrity, a half- sister to Carolina Cherry, dam of Triple Crown winner Cherry on the Top.
There is no better time to invest in mares and pin hooking of weanlings as we get closer and closer to uplifting the export protocols – remember one as to speculate to accumulate.
We look forward to seeing you all soon.