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 forgood qualitylots. There's a definite feeling that people are encouraged by the imminent changes to New Zealand's industry, with a predominantly local buying benchbidding and buying with confidence.We arevery pleased thatthe new formathas proveda 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 forsix of the top12 lots of the Sale. Top price was paid by Mark & Shelley Treweek of Lyndhurst Farm, whoparted withNZ$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 Karakanext January."
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Lot 218 - Galileo x Liberty Song |
Curraghmore Stud principal, Gordon Cunningham, was delighted with the results. "We were happy withthe 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 ofNew Zealand Bloodstock'sNational Weanling, Broodmare & Mixed Bloodstock Sale. This year broodmaresand 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$1,969,500 |
Top Lots
| Lot | Breeding | Vendor | Purchaser | PriceNZ$ | |
|---|---|---|---|---|---|
| 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 | Lot218: Galileo x Liberty Song |
| Ascot Farm | 4 | $160,500 | Lot260: Pins x Pegarah |
| Wellfield Lodge | 1 | $80,000 | Lot76: Stravinsky x Amanpuri |
| Mr KW & Mrs LM Oddy | 3 | $54,000 | Lot110: 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: exSoolat $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 | Lot260: 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 byAggregate
| Vendor | Sold | Aggregate | Top Lot |
|---|---|---|---|
| Curraghmore Stud | 19 | $612,200 | Lot 218: Galileo x Liberty Song $150,000 |
| Walnut Hill Farm | 8 | $238,100 | Lot260: 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 |