Outside at Oaklands Junction last week the weather was certainly cold, but the market was pretty hot inside the sales auditorium.

There was not an indicator, across all sessions of the sale, that didn’t head in the right direction for breeders and vendors.

Over 310 foals, 190 broodmares and 150 racehorses generated more than $13.25 million over four sessions at a clearance rate of 85%.

In terms of averages, the Platinum Weanling session was up 36% from last year, the General Weanling session increased by almost 22% and the Broodmare session was up by a healthy 17.3%. Full details in tables below.

Inglis Great Southern Sale: Platinum Weanlings

20152016Change
Sold206225
Clearance0.830.85
Gross$4,818,750$7,159,500$2,340,750
Highest$300,000$210,000
Average$23,392$31,8200.36
Median$10,000$18,0000.8

Inglis Great Southern Sale: General Weanlings

20152016Change
Sold7995
Clearance0.880.9
Gross$544,450$798,200$253,750
Highest$47,500$62,000
Average$6,892$8,4020.219
Median$4,000$4,5000.125

Inglis Great Southern Sale: Broodmares

20152016Change
Sold197191
Clearance0.770.76
Gross$2,291,200$2,605,700$314,500
Highest$160,000$110,000
Average$11,630$13,6420.173
Median$4,250$5,8000.365

Inglis Great Southern Sale: Racing stock

20152016Change
Sold121155
Clearance0.90.96
Gross$871,700$2,597,600$1,725,900
Highest$105,000$310,000
Average$7,204$16,7591.326
Median$3,000$5,0000.667

The sale strength continued right through to the end on Wednesday when Mihalic – the last lot of the supplementary catalogue – topped proceedings at $310,000 from Supreme Thoroughbreds.

Mihalic (Lot 905) is a three year-old Hard Spun filly bred by the Alderson family who also raced her with success. She who won the Listed Maribyrnong Trial Stakes at two before adding more black-type this season.  Her family is on the move as evidenced by her yearling half-brother (by Reward For Effort) selling for $380,000 at the 2016 Inglis Premier Sale to China Horse Club.

There was great demand for Contract Racing’s draft of 17 lots with a sale aggregate for the Macedon Ranges operator of $640,500.  They included Crystal Lily’s close relation Crystal Wind ($135,000) and Triscay’s in-form grand-daughter Iamhere ($110,000).  Both were purchased by Damon Gabbedy’s Belmont Bloodstock.

“It’s safe to say this sale has truly come of age,” Inglis Victorian bloodstock manager Simon Vivian said.  “It was so pleasing to see every session record big increases in aggregate.”

“The support we have received from our vendors has been rewarded with outstanding competition from buyers, leading to a most successful and enjoyable sale.”

All three Inglis breeding stock sales at Oaklands Junction this year (Premier, VOBIS Gold and Great Southern) have recorded positive increases. There has been an additional $15.1 million in turnover, much of which is going back to Victorian breeders.

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