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Fireworks on Opening Day of Karaka Yearling Sales
A strong day of selling has launched New Zealand Bloodstock’s annual yearling showcase during Book 1 at Karaka 2020. After a spectacular Karaka Million Twilight Meeting at Ellerslie on Saturday night, the buoyant atmosphere continued to play out on the opening of the ninety-fourth National Yearling Sales Series. Following the official opening by Deputy Prime Minister Rt Hon Winston Peters, the first of the 667 Book 1 catalogued Lots went under the hammer with spirited bidding from the outset. “The place has been heaving since last Thursday and the number of people on site at Karaka is phenomenal off the back of a massive Karaka Million evening. We are thrilled with the way this Sale has started and are looking forward to what the next two days bring,” said NZB’s Managing Director Andrew Seabrook. Buyers from all around the globe flocked to Karaka with both international and domestic buyers making their presence felt on Day 1. Key Sale indicators are tracking ahead of the final figures at the conclusion of Book 1 in 2019, with Sunday’s average and median showing a 10% and 6% increase respectively.