NZ Bloodstock’s 2013 National Yearling Sales Series drew to a close at Karaka on Monday with the final 212 yearlings of the Festival Sale concluding a bumper seven days of trade.
Total turnover for the week reached $72.38 million for the 1021 lots that found new owners. The combined average was $70,899 and the clearance rate 75%
For the third day in a row, Westbury Stud’s first season sire Swiss Ace (Secret Savings) provided a session-topper. His Monday leader was the colt from winning Stravinsky mare Poetic Music that realised $95,000.
“I think that by next year I’ll have to go to the Premier Sale to buy yearlings buy Swiss Ace,” successful bidder Graeme Rogerson said. “I’ve backed him with my purchases and I think he’s going to make it as a sire.
Rogerson also secured the Swiss Ace colt that topped Day 1 of the Festival Sale at $125,000 while Tony Pike purchased the top priced lot on Day 3 of the Select Sale for $160,000.
Swiss Ace consolidated his lead at the top of the Festival Sale table with 8 knocked down at an average of $46,313. That’s nearly double the average of next best Bachelor Duke with 8 sales at $24,825.
Rogerson was the leading individual buyer on Days 1 and 2 of Festival Sale with 6 purchases for $339,000 at an average of $56,500. The final Festival Sale turnover was $3.42 million at an average of $12,117 with a clearance rate of 73%.
NZ Bloodstock’s Petrea Vela said the overall results were very pleasing. “It has been a big week of selling, and with some apprehension leading into sales week there’s a sense of relief about how the market has performed and the results achieved given the economic challenges both here and overseas.
“The crowds and activity at Karaka have been very buoyant right up until the rain came on the last day, and there has been good competition for good horses across every session. We would have liked to have seen a bit more firepower from our domestic market but the slight increase from last year is encouraging. There have been a number of local trainers, owners and syndicators who have stepped up with confidence and we hope that they are well-rewarded.
“We are very grateful to everyone who has participated at Karaka over the past week, we thank them for their support and wish all our buyers the very best of luck with their Karaka purchases.”