Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Super Start to Ready to Run Sale

Super Start to Ready to Run Sale

New Zealand Bloodstock's 2007 Ready to Run Sale of 2YOs got off to a strong start today at Karaka with the half-way results showing even further growth on last year's record Sale.

After 203 of the 404 lots catalogued, the average is NZ$58,508, up $10,000 (21%) from the same point in the Sale last year, and up 17% from last year's record final average of $50,085. The median is currently tracking at $40,000, the same as last year's record which was up 33% on the previous year.

The highlight came in the first hour when the Zabeel colt from Carnegie mare Carnegie Hikari (Lot 31), a half-sister to G.1 Queensland Oaks winner Vouvray, was offered by Janine Dunlop's Phoenix Park. The colt was knocked down to John White Bloodstock for NZ$310,000 making it the fourth highest lot ever sold at this Sale.

Phoenix Park, the leading vendor of the day with eight horses sold for an average of NZ$153,125, have another eight horses scheduled to go through the ring tomorrow.

With results that reflect the broad buying bench of Australian, Hong Kong, Singaporean, Malaysian, Korean and local buyers in attendance, it was prominent New Zealand buyer David Ellis who topped the buyers list for the day. His four purchases for NZ$750,000 included a top price of NZ$250,000 paid for the Encosta de Lago filly out of Danehill mare Crystalina at Lot 63.

Also prominent in the day's results were Willie Leung's Magus Equine, Mick Dittman, Jerry Sung, Dean Wiles and the Korean Racing Association (Busan) which has purchased 14 two-year-olds so far.

The 2007 Ready to Run Sale continues tomorrow at Karaka with the remaining 200 lots set to start selling at 11am. The Sale will also be streamed live on New Zealand Bloodstock's website.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Government: David McLean Appointed As KiwiRail Chair

David McLean has been appointed as Chair of KiwiRail Holdings Ltd, the Minister for State Owned Enterprises Dr David Clark and Minister of Finance Grant Robertson announced today... More>>


Dairy NZ: ‘More Milk From Fewer Cows’ Trend Continues In A Record Year
Vodafone says it has 10,000 customers using its Wi-Fi Calling service. It took less than three months to reach that milestone; the service began operating in September... More>>

Statistics: Consents Remain At Record Levels
There were 47,715 new homes consented in the year ended October 2021, up 26 percent compared with the year ended October 2020, Stats NZ said today. "The year ended October 2021 marks another record for the annual number of new homes consented,” construction statistics manager Michael Heslop said... More>>



Fonterra: Lifts Forecast Farmgate Milk Price Range And Revises Earnings Guidance At First Quarter Update

Fonterra Co-operative Group today lifted its 2021/22 forecast Farmgate Milk Price range, reported a solid start to the 2022 financial year and revised its earnings guidance... More>>


Canterbury Museum: New Research - Bald Haast's Eagle Feasted On Moa Guts

New Zealand’s extinct Haast’s Eagle (Hieraaetus moorei), the largest known eagle, gulped down viscera like a vulture and may even have been bald, new research suggests... More>>

ABC Business Sales: Demand High For Covid-proof Businesses
Despite the continuing challenges facing businesses in this Covid environment, right now there are more buyers looking for a small-medium sized business than there are sellers in the market... More>>


PriceSpy: Producer Prices Increase
New Black Friday and Covid-19 Report* released by PriceSpy says people’s fear of stepping inside physical shops during big sales events like Black Friday has risen since last year; Kiwis are still planning to shop, but more than ever will do it online this year... More>>