Weak OBS August Sale Fails to Recover
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Photo: Joe DiOrio
Dialed In colt was co-session-topper at $55,000 during second day of OBS August Open yearling sale.
The rough start at the Ocala Breeders' Sale August yearling sale never smoothed out, with overall statistics during the second day of the two-day open session as sobering as the first.
For the second session Aug. 25, 156 yearlings brought a total of $1,269,700, which was down 45% from last year's second-session gross of $2,315,200 for 194 sold. The average price dropped 31.8% to $8,139, down from $11,934 a year ago, while the median price of $4,500 was half of what it was for the same session of 2015.
The buyback percentage was 42.2%; it was 20.5% last year.
A filly by Archarcharch and a colt by Dialed In each brought $55,000 to top the final session. Jason Hall as agent bought the daughter of Archarcharch—Sweet Screamer, by Belong to Me (Hip 672) out of Marcial Galan's consignment.
The bay filly had been sold previously at the OBS winter mixed sale for $12,000 by agent Anthony Goswell for Derby Daze Farm. Sweet Screamer is out of graded stakes winner Screamer, a half sister to graded stakes winner El Roblar.
Quarter Pole Enterprises purchased Hip 838, a dark bay or brown colt by Dialed In consigned by agent Beth Bayer. The colt is out of Book the Devil (Notebook), a half sister to stakes-placed You Dancing Devil.
The two open sessions combined sold 371 horses $3,083,000, compared with 404 that generated $5,456,400 a year ago. The open average price plunged 38.5% to $8,310 from last year's average of $13,506, while the median price was more than halved at $4,500 compared with $9,500 in 2015. The buyback percentage was 37.7%; it was 19.8% a year ago.
The select session Aug. 23 fared only slightly better. With updates from private sales, 150 selected yearling grossed $5,802,300.
The same number sold a year ago but the gross was off 14.3% from the 2015 total sales of $6,774,500. The average price was $38,682, down 14.3% from last year's $45,163 select average, and the median price was down 28.6% to $25,000 compared with $35,000 a year ago. The buyback percentage was 32.7%; it was 21.9% in 2015.
The session and overall sale-topper was Hip 24, a son of Flatter consigned by Stuart Morris as agent and sold for $210,000 to Stan Hough, who bought the colt on behalf of Sagamore Farm. The bay colt is out of Madoffwiththecash (Dixie Union), who is a full sister to graded stakes winner Nothing But Fun.
With the OBS fall mixed sale suspended due to the renovation of the sale pavilion, the next sale on the calendar is the 2017 winter mixed sale, including the horses of racing age section, scheduled for Jan. 25 - 27. The 28th annual OBS Championship Stakes will be run Jan. 24.