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Inglis Aust Broodmare Day-2: Discerning Market

Thursday, 18th April 2013

The selective buying ideology which has governed the bloodstock market in both hemispheres this year continued at Day-2 of the 2013 Inglis Australian Easter Broodmare Sale as buyers from Australia, NZ, the Philippines, Hong Kong and the UK remained active. In total, 130 fillies and mares were offered, with the gross across the first 2 days breaching the $13 million mark. Inglis bloodstock director Jonathan Darcy elaborated on the top-end market dominance: "There are certainly plenty of buyers here at the sale, but there is a clear preference for proven producers, young mares with a pedigree straight off the track or in foal to stallions that have been popular with yearling sale buyers… The marketplace for commercial mares has been discerning for the last few years, but there are always bargains to be found amongst the less commercial lots, such as So You Think's dam Triassic, which as the dam of seven foals was snapped up for $16,000 here before her successful mating with High Chaparral." Day-2 featured 33 lots less than the 233 on day 2 in 2012, with the gross also down from $3,444,200 to $2,336,250. Accordingly, the average dipped from $22,265 to $17,971, while the median finished on $10,500 against $16,000 last year. The final day of the Easter Broodmare Sale starts at 10.30am today with the remaining 80 Select Session mares & 89 General Session mares.

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