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Broodmare Sale finishes with a healthy aggregate of $11,016,100

At the close of trade, Inglis reported an aggregate $11,016,100 and Inglis’ managing director Mark Webster was pleased with the day’s results and hailed the week as roaring success. 

“What is there left to say? It’s been a fabulous week on all fronts, from the yearlings to the weanlings to the Chairman’s Sale to today’s broodmares, vendors are happy, buyers are happy and I’m very happy,’’ Webster said.

“There has been a great atmosphere at Riverside the past fortnight, all the way through inspections and the week of sales and that has really transferred into world-class action and theatre in the auditorium for each of the sales.

“For the Chairman’s Sale in particular, to average in excess of $500,000 and clear 91 per cent has seen it in a very short period of time become the No.1 top-level broodmare sale in the southern hemisphere and we already have plans to make it even better in 2022 and beyond.

“As always, our breeders and vendors have presented such outstanding quality all week and the buyers have been the big winners from that and I have no doubt they will continue to be the winners in years to come, be it on the race track or in the breeding barn and sales rings of the future.’’

With last year’s sale held online, the statistics are incomparable, but the $11,016,100 gross amount recorded after 174 lots sold at a clearance of 77 per cent at this year’s sale is up 12 per cent on the $9,778,750 recorded at the 2019 edition when 237 lots sold at a clearance of 76 per cent.

Meanwhile the average of $63,311 is up a massive 53 per cent on the $41,261 recorded at the close of trade at the sale two years’ ago, while the median of $45,000 is up 50 per cent on the $35,000 at the auction in 2019. 

The leading buyer at the close of trade was Yulong Investments and they purchased three mares for an aggregate of $525,000 at an average of $175,000. 

Two Bays Farm were crowned the leading vendors by average (with three or more lots sold), with the operation having sold thee mares for a gross of $415,000 at average of $138,333, while the leading vendors by aggregate were Segenhoe Stud, who sold 13 mares for a total of $1,335,000 at an average of $102,692. 

Attention now moves to Melbourne for the two-day Gold Yearling Sale at Oaklands on May 16 and 17, where a catalogue of 339 yearlings has been assembled.