High demand for Iffraaj yearlings at Karaka

First season sire Iffraaj remained in high demand at Karaka when he provided the top price on Day 2 of the NZ Bloodstock Select yearling sale on Thursday.

His colt from stakes winning mare French Flute (Jugah) was bought for $170,000 by Walter and Kathy Alteri’s Newlands Thoroughbreds from Trelawney Stud.

An Iffraaj topped Day 1 of the Select Sale when Roger James paid $290,000 the filly from Sayyida (Zabeel).

The Select Sale average after 437 lots is $46,658 with a median of $38,000 and clearance rate climbing steadily to 73%.

It is no surprise that Iffraaj is featuring at the top of the Select Sale sires’ tables by both aggregate and average with 27 entries sold for $2,230,000, representing an average of $82,611.  He has also had the largest number of entries go through the ring of any Select Sale sire so far with 32.

The leading individual buyer on Day 2 of the Select Sale wasWest Australia agent John Chalmers with six purchases for $377,000, including $110,000 for the Iffraaj filly from Honeymoonzova (Volksraad).