For the sixth consecutive year the Inglis Premier Yearling Sale has risen to new heights continuing the momentum from a record Classic Sale last month.
The Inglis Premier average has increased by 16% from last year to a record $97,003 while the median is up 23% to a record $80,000 and gross up 19% to a record $44,507,500.
The Session I clearance rate currently sits at 82% which is expected to improve asMake-An-Offersales are processed in the ensuing days, following the path of the Day One clearance which has risen to 87%.
"We are ecstatic that the strength of the sale has continued throughout the entirety of Session I," said Inglis Victorian Director Peter Heagney.
"As Melbourne's principal yearling sale, these positive results are indicative of the progressive nature of the Victorian industry as a whole," Heagney said.
Victorians spent over $20 million making up 45% of the sale's gross to date. International support was also strong with overseas buyers spending over $10 million on 90 Lots.
45 Lots sold for $200,000 or more since Sunday which is a significant jump from 24 sold in Session I last year.
Today's top price of $420,000 was realised twice.
The first foal from the Storm Cat mare Ryzhkina by Widden Stud's ill-fated stallion Northern Meteor,Lot 490from Woodside Park Stud was secured by Mick Malone for Kitchwin Hills.
Lot 584, a full sister to Champion Hong Kong sprinter Amber Sky from Blue Gum Farm sold to Ciaron Maher. The Exceed and Excel filly from Group II winner Truly Wicked was a stunning individual.
First season sires have been particularly popular in Melbourne with Newgate Farm's Foxwedge setting the pace with 11 yearlings averaging $161,364, closely followed by Sepoy with nine selling at an average $144,000.
Lindsay Park are the leading Session I buyer for the third consecutive year having outlaid $1,350,000 on 11 Lots including one in partnership with Darby Racing.
Eliza Park International are the leading vendors by aggregate selling 24 of 27 Lots for $2,955,000, followed closely by fellow Victorians Blue Gum Farm who recorded an average price of $128,043 on 23 Lots during Session I.
New South Wales based Edinburgh Park led the vendors by average selling four youngsters at an average $172,500.
Bell River Thoroughbreds have sold all seven of their offerings, grossing $860,000. Other vendors that have achieved 100% clearance rate after Day Three include Chatswood Stud, Basinghall Farm, Grange Thoroughbreds and Bowness Stud.
Complete vendor, buyer and sire statistics for the sale can be viewed at the Breednet Sales Centre.
The fourth and final day of theInglis Melbourne Premier Yearling Salestarts at 11:00am tomorrow. 159 Lots have been catalogued to be offered in Session Two, many of them Super VOBIS nominated as Trust In A Gust was last year.
Inglis Sale Day LiveandOnline Biddingwill again available for buyers not able to make it to Oaklands tomorrow, Wednesday 4 March 2014.
Inglis Premier - Session One Statistics
| 2015 | 2014 | Change | |
|---|---|---|---|
| Catalogued | 623 | 616 | +1% |
| Offered | 561 | 545 | +3% |
| Sold | 458 (82%) | 448 (82%) | |
| Gross Amount | $44,507,500 | $37,337,181 | +19% |
| Average | $97,003 | $83,342 | +16% |
| Median | $80,000 | $65,000 | +23% |
| Top Price | $560,000 | $450,000 |
