Super Day of Selling at Inaugural NZB National Weanling Sale
7 May 2006
The change of format paid off for New Zealand Bloodstock at today's National Weanling Sale at Karaka, with buoyant results recorded at the inaugural stand-alone Sale.
Marketing & PR Manager, Petrea Vela, commented "It was a great day of selling at Karaka today. There were plenty of buyers ringside and good competition for�good quality�lots. There's a definite feeling that people are encouraged by the imminent changes to New Zealand's industry, with a predominantly local buying bench�bidding and buying with confidence.�We are�very pleased that�the new format�has proved�a success and has provided the ideal foundation for us to build on in the future."
From 271 lots catalogued for sale, 202 were sold for an average of NZ$11,406, an aggregate of NZ$2,304,000 and a very healthy clearance rate of 84%. Last year's Weanling Session at the National Broodmare, Weanling & Mixed Bloodstock Sale recorded a combined weanling average of NZ$8,345, representing a 37% increase this year. Similarly last year's median has leapt 107% to NZ$6,000.�The turnover has increased by 17% for 34 fewer horses sold.
The standout story of the day was Waikato vendor, Curraghmore Stud, who accounted for�six of the top�12 lots of the Sale. Top price was paid by Mark & Shelley Treweek of Lyndhurst Farm, who�parted with�NZ$150,000 for a colt by Galileo from Last Tycoon mare, Liberty Song.
Mark Treweek was very happy with his purchase: "The colt [Lot 218] was very well conformed and stood out as the best in the Sale. I think Galileo has a huge chance of success, already the leading first crop sire in Australia,�after a great start in Europe also. We thought we would have to pay too much for a colt like this in Australia, so we are very happy to have secured him at this price to put him through the Premier Sale at Karaka�next January."
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�Lot 218 - Galileo x Liberty Song |
Curraghmore Stud principal, Gordon Cunningham, was delighted with the results. "We were happy with�the quality of our draft leading into this Sale, and are thrilled that the format proved to be a success and did justice to those horses. I have always felt that the weanling market has the potential to become a much stronger trading vehicle for breeders in New Zealand and our results today endorse that."
This is the first year a stand-alone weanling Sale has been conducted at Karaka.�Last year's weanling session comprised part of�New Zealand Bloodstock's�National Weanling, Broodmare & Mixed Bloodstock Sale. This year broodmares�and mixed bloodstock will be offered in the National Sale in August.
| Sale Statistics� | 2006� | 2005� |
|---|---|---|
| Lots Sold | �202 | �236 |
| Clearance | �84% | 84%� |
| Average� | �NZ$11,406 | NZ$8,345� |
| Median | �NZ$6,000 | NZ$2,900� |
| Aggregate� | �NZ$2,304,000 | �NZ$1,969,500 |
Top Lots
| �Lot | � | Breeding� | Vendor� | Purchaser� | Price�NZ$ |
|---|---|---|---|---|---|
| 218 | B.C | Galileo x Liberty Song | Curraghmore Stud | Lyndhurst Farm (Cambridge) | 150,000 |
| 260 | B.C | Pins x Pegarah | Walnut Hill Farms | Ascot Farm (Cambridge) | 110,000 |
| 76� | B.F� | Stravinsky x Amanpuri� | Curraghmore Stud | Wellfield Lodge (Palmerston Nth)� | 80,000 |
| 75 | B.F | Rock of Gibraltar x Alpine | Curraghmore Stud | Lyndhurst Farm (Cambridge) | 77,500 |
| 176 | B.C | Pins x Goodness Me | Curraghmore Stud | NZB as agent (Te Awamutu) | 75,000 |
| 85 | B.F | O'Reilly x Bali Hi | Waikato Stud | Mr C Bishop (Eltham) | 55,000 |
| 110 | C.C | Stravinsky x Caramel Corn | Walnut Hill Farms | Mr & Mrs KW Oddy (Waiuku) | 54,000 |
| 18 | B.C | Thorn Park x Sailor's Lift | Seaton Park | Mr & Mrs MN Devcich (Morrinsville) | 41,000 |
| 224 | B.C | Thorn Park x Lyrical Look | Curraghmore Stud | Paul Harris Bloodstock (Ch'church) | 41,000 |
| 34 | B.F | Van Nistelrooy x Soolat | Legacy Lodge | Mr AH Collins (NSW) | 40,000 |
| 40 | B.C� | Captain Rio x Red Letter Day� | Bloomsbury Stud NZ� | NZB as agent (Te Awamutu)� | 40,000 |
| 150 | B.C | Stravinsky x Enzedbee | Curraghmore Stud | NZB as agent (Te Awamutu) | 40,000 |
Leading Buyers
| Buyer | Bought | Aggregate NZ$ | �Top Lot |
|---|---|---|---|
| NZB as Agent | 18 | $330,000 | Lot 176:�Pins x Goodness Me |
| Lyndhurst Farm | 2 | $227,500� | Lot�218: Galileo x Liberty Song |
| Ascot Farm | 4 | $160,500 | Lot�260: Pins x Pegarah |
| Wellfield Lodge | 1 | $80,000 | Lot�76: Stravinsky x Amanpuri |
| Mr KW & Mrs LM Oddy | 3 | $54,000� | Lot�110: Stravinsky x Caramel Corn |
Top 10 Leading Sires by Average (2 or more sold)
| Stallion | Sold | Average | �Top Lot |
|---|---|---|---|
| Pins (AUS) | 5 | $46,600 | Lot 176:�ex Goodness Me $75,000 |
| Stravinsky (USA) | 4� | $47,250 | Lot 76: ex Amanpuri�$80,000 |
| Van Nistelrooy (USA) | 5 | $23,800 | Lot 34: ex�Soolat $40,000 |
| Montjeu (IRE) | 2 | $21,000 | Lot 62: ex Venezuela $37,500 |
| Danroad (AUS) | 2 | $20,000 | Lot 207: ex Khaap $27,000 |
| Thorn Park (AUS) | 7 | $19,357 | Lot 18: ex Sailor's Lift $41,000 Lot 224: ex Lyrical Look $41,000 |
| Spartacus (IRE) | 3 | $16,333 | Lot 156: ex Figeac $21,000 |
| O'Reilly (NZ) | 10 | $14,400 | Lot 85: ex Bali Hi $55,000 |
| Black Minnaloushe (USA) | 2� | $14,000 | Lot 168: ex Glittering Riffles $18,000 |
| Chianti (IRE) | 3� | $13,917 | Lot 55: ex Top Dance $28,000 |
Leading First Season Sires by Average (2 or more sold)
| Stallion | Sold | Average | �Top Lot |
|---|---|---|---|
| Danroad (AUS) | 2 | $20,000 | Lot 207: ex Khaap $27,000 |
| Thorn Park (AUS) | 7 | $19,357 | Lot 18: ex Sailor's Lift $41,000 Lot 224: ex Lyrical Look $41,000 |
| Spartacus (IRE) | 3 | $16,333 | Lot 156: ex Figeac $21,000 |
| Chianti (IRE) | 3 | $13,917 | Lot 55: ex Top Dance $28,000 |
| Captain Rio�(GB) | 4 | $13,375 | Lot 4: ex Red Letter Day $40,000 |
Leading Vendors by Average (2 or more sold)
| Vendor� | Sold� | Average� | �Top Lot |
|---|---|---|---|
| Curraghmore Stud | 19 | $32,379 | Lot 218: Galileo x Liberty Song $150,000 |
| Walnut Hill Farms | 8 | $29,763 | Lot�260: Pins x Pegarah $110,000 |
| Belvedere Farm | 3 | $17,667� | Lot 25: Thorn Park x Serene Walk $24,000 |
| Seaton Park Ltd | 8 | $13,594 | Lot 18: Thorn Park x Sailor's Lift $41,000 |
| Pencarrow Stud | 2 | $13,500 | Lot 156: Spartacus x Figeac $21,000 |
Leading Vendors by�Aggregate
| Vendor� | Sold� | Aggregate | �Top Lot |
|---|---|---|---|
| �Curraghmore Stud | 19 | $612,200 | Lot 218: Galileo x Liberty Song $150,000 |
| �Walnut Hill Farm | 8 | $238,100 | Lot�260: Pins x Pegarah $110,000 |
| �Waikato Stud | 15 | $182,000 | Lot 85: O'Reilly x Bali Hi $55,000 |
| �Haunui Farm | 11 | $132,950 | Lot 178: Jungle Pocket x Gu Li $21,500 |
| �Seaton Park Ltd | 8 | $108,750 | Lot 18: Thorn Park x Sailor's Lift $41,000 |