NEWS
OBSC fall mixed sale suffers major decline
Posted: Thursday, October 11, 2001
The Ocala Breeders' Sales Company's (OBSC) fall mixed sale wrapped up on Thursday with sharp declines in gross and average.A total of 838 horses were reported sold for a total of $6,210,700, down 56.3% from last year's total of $14,225,000 for 1,109 horses sold. Last year's sale included dispersals from Mockingbird Farm, the estate of Fred Hooper, and Locust Valley Corp. and Farnsworth Farms. Average price at the four-day sale dropped 42%, from $12,827 in 2000 to $7,411 this year.
Valid Storm, a seven-year-old daughter of Valid Appeal believed to be in foal to Relaunch stallion Slew Gin Fizz, brought $19,000 from Our Sugar Bear Stable to top the final session of the sale on Thursday.
A total of 220 horses were sold during the final session for $774,800, up 8.8% from the corresponding session last year when 160 horses brought $706,400. The average price fell 25.4% to $3,522 compared with $4,415 in 2000.
During the two-day open session, 430 horses were sold for a total of $1,717,600, down 9.1% from last year when 372 horses brought total receipts of $1,873,500. The average price dipped 26.1% to $3,994 from $5,036 and the buyback rate was down to 25.8% from 27.7% in 2000.
Consigned by Kelli Mitchell, agent, the session topper is out of the Storm Bird mare Storm o' Fire. Valid Storm's first foal, three-year-old Spankstress, by Crafty Prospector, was a juvenile winner and has placed this year.
Korea's C & C International Trading was the leading buyer at the four-day sale, which included two consignor-preferred sessions on Monday and Tuesday, with 35 horses totaling $330,000. Heiligbrodt Racing Stable was next with 16 purchases for $253,400.
Complete results are available on the OBSC Web Site at
http://www.obssales.com/
