Day 2 Inglis Broodmare Sale – Discerning market down 19%

Danehill mare Legal Consent topped Day 2 of the Inglis Easter Broodmare Sale at $190,000 as part of the Evergreen Stud consignment.  She was sold in foal to Lonhro and was purchased by a NSW based Inglis client.

Perth breeder Bob Peters sold Legal Consent to Evergreen Stud for $170,000 at the 2009 Inglis Broodmare Sale.  The mare foaled stakes winners Dreamaway (G1 WATC Derby) and New Spice (LR Northerly Stakes) for Peters, however, since then she delivered a Street Cry filly foal that died before missing to Medaglia D’Oro and Lonhro.

Well-bred Danzero mare Kapcher was next best at $180,000.  She is a winning sister to Swettenham Stud sire Kaphero and was sold in foal to Artie Schiller.  Agent Steve Brem was acting on behalf of Burnewang North Pastoral owner Cathy Hains.

A total of 130 lots were sold on Wednesday for $2.33 million.  The average was down 19% to $17,971 and the median fell 34% to $10,500.  The clearance rate dropped 3 points to 71%.

“There are certainly plenty of buyers here at the sale but the marketplace for commercial mares has been discerning for the last few years,” Inglis bloodstock director Jonathan D’Arcy said.  “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 Inglis Easter Broodmare Sale concludes on Thursday with the remaining 80 Select Session mares (Lots 401 to 480) followed by the 89 General Session mares; Lots 481 to 557 and 566 to 577.