Daily News Archive
Daily News Subscription
NZB Weanling, Broodmare & Mixed Bloodstock Sale Day-2: $185K For O'Reilly Colt
The Weanling Session of the 2016 New Zealand Bloodstock National Weanling, Broodmare and Mixed Bloodstock Sale concluded yesterday with phenomenal results across the board. All told $5,740,300 was traded with 238 weanlings purchased in the first two days resulting in an excellent clearance rate of 91%. This strong demand saw the median climb 175% on last year's sale to $11,000 (from $4,000 in 2015) and the average settle at $24,119 - a 90% increase on the $12,113 recorded last year. The day's, and the session's, top price was $185,000 for an O'Reilly colt (Lot 263) from the multiple stakes-winner in Singapore Mexican Rose (Volksraad). Consigned by Hallmark Stud for breeders Mr David Ellis and Nearco Stud, the colt was secured by Dean Hawthorne who was bidding on behalf of Kacy Fogden of Queensland-based Aquis Farm. "Kacy came over and picked him out as the best colt in the sale and I think she was right on the money - he's a good investment being by a proven sire in O'Reilly." said Hawthorne. "This is one of the strongest weanling sales I've seen and it's great for the industry." NZB Managing Director, Andrew Seabrook is confident the positive results will flow on into today's broodmare session: "It's clear our industry is in an upward spiral and I expect this will be the tone for some time," he said. "I believe those looking to invest in broodmares tomorrow can do so in the confidence that their end product will be sought after in the years to come." The third and final day of the Sale commences today 10am (local time) with Lot 337 opening the day's trading. Broodmares and Supplementary Broodmare lots will be sold first, followed by Stallion Shares.