Wednesday’s session of the Inglis Great Southern Sale saw 73 weanlings and 83 broodmares change hands in Melbourne.
The average price recorded for weanlings over the last two days was up 12% on last year, while there was a 50% rise in the median recorded. The clearance rate was 77%.
“The well-presented weanlings sold particularly well,” commented Inglis Melbourne Director Peter Heagney. “The sale gained momentum from start to finish both days as buyers and sellers gained a better understanding of the market.”
In all 213 weanlings sold on Tuesday and Wednesday for a total gross of $2.14 million. “We have been striving to get breeders their desired results in the ring or, as evidenced by today’s top priced weanling, working to get passed-in lots sold privately after,” Heagney added.
Merrivale Farm’s colt by Testa Rossa from Riverina passed-in short of his reserve when offered as Lot 282 but was purchased later in the day for $57,500 by John Hymet, who previously raced Testa Rossa filly Rostova to Group 1 success.
During the afternoon session on Day 2, a total of 83 broodmares were sold for $273,850.