A Foxwedge colt topped the opening session of the Inglis Melbourne Great Southern Sale on Sunday when selling for $175,000.
Attractive colts and fillies from a wide range of proven and exciting young sires were well received by a competitive buying bench throughout the day.
A strong clearance rate of 85% saw 149 weanlings sell at an average price of $14,884 — a 33% increase on Day O1 in 2013 and a massive 61% higher than 2012.
“We are seeing a very strong market for weanlings,” Inglis Director Peter Heagney said. “There was good competition from both the domestic and New Zealand buyers in attendance, particularly on the better quality types.”
The Foxwedge — Ekleel colt will head to Queensland from the draft of Donnybrook Estates.
Ascot Farm NZ has had plenty of success pin-hooking from the Oaklands ring in past years and they snapped up colts by proven sires Sebring (Lot 115) and Stratum (Lot 54) for $90,000 and $70,000 respectively.
First season sires were popular and the following had progeny sell up to; Helmet ($78,000), Moshe ($54,000), Toorak Toff ($50,000), Master Of Design ($35,000) and Skilled ($26,000).
Day 2 on Monday will see the remaining weanlings go under the hammer followed by broodmares.