Two outstanding days of trade have resulted in new records for both gross and sale average for the weanling sessions of the 2019 Inglis Great Southern Sale at Oaklands Junction this week.
Shrewd pinhookers Steve and Ceri Jostlear of Victoria’s Ampulla Lodge purchased the day’s second top lot from Aquis Farm, the colt was lot 8 and purchased for $240,000!
The Day One trade overall saw 172 weanlings sell at an average of $34,424 with the clearance rate at 76%.
With significant increases on 2018, the average was up 41%, while the median has jumped 67%.
“There are many factors in that, notably the support of the vendors and many select yearling sale-quality weanlings being offered,” said Inglis’ Victorian Manager Simon Vivian.
“Overall it is really pleasing to see the upgraded facilities enjoyed by so many and the results in the ring that follow on.” He said.
The top lot on Day Two of trading was lot 302 (Zoustar x Morwell colt) who was purchased by John Wheeler for $250,000.
Not only did Victoria’s Merrivale Farm sell the top lot, but also finished the sale with a 100% clearance rate for their 7 weanlings offered.
Merrivale’s Jen Fowler was thrilled with the top result and the sale overall.
“To come here and top the sale with a beautiful colt who had so many parades and so many appreciative viewers is wonderful,” Fowler said. “It’s exactly what we want to do at the Great Southern Sale.
Victorian pinhookers Luke and Mags Anderson of Maluka Farm purchased the third-highest lot of the day in lot 356 (Zoustar x Queen Of The Creek), sold by Swettenham Stud for $200,000.
Nathalia’s Ponderosa Park had one of the biggest drafts of the sale, sending 20 weanlings through the sale ring. With a 60% clearance rate, Principals Sue Miller and Paul Kelly attributed the recent inclusion of weanling nominations to the VOBIS program as a big factor in his success at this sale.
It’s been a fantastic sale for Ponderosa and the first time we’ve been in the top 5 vendors,” said Paul.
“The addition to VOBIS has enhanced our sales, it’s been quite attractive to buyers and we were knocked over with people wanting VOBIS eligible horses. Thoroughbred Breeders Victoria helped us out immensely to ensure our draft was all nominated in time for this sale.”
“After the results we’ve had here this year, we’re very excited with the prospects of the draft we can bring back for next year’s Great Southern Sale,” added Sue.
“The VOBIS scheme continues to prove to be an attractive addition, for buyers purchasing from Victorian breeders. As highlighted by Paul, buyers seek lots which carry the VOBIS sticker in their shortlist. We worked closely with Racing Victoria to be able to offer weanling sales deducts for this Great Southern sale.” Executive Officer of Thoroughbred Breeders Victoria, Charmein Bukovec, commented.
At the end of the two-day select session, the gross was $11,185,250 with a total of 345 weanlings selling at an average of $32,421 and an ever increasing clearance rate of 78%.
Inglis’ Victorian Manager Simon Vivian was thrilled with the spirited bidding thsroughout the sale and the final results.
“The competition throughout the weanling sale has been extraordinary. It has not been rare to see six or seven bidders competing on the same horse,” Vivian said.
“We are very grateful to those (vendors) that supported this sale with exceptional quality, many of whom were duly rewarded with great results in the sales ring.” He said.
And as Inglis auctioneer Peter Heagney bought down the gavel on the final lot of Day Two, he also bought to a close his decorated 43-year career. Congratulations, farewell and all the best for your retirement Peter!
The Thoroughbred session of the Great Southern Sale continues on the 19th June. CLICK HERE to view the catalogue and all results.