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South Africa's National Sales Ends With Mixed Results

April 27, 2011

by Sarah Whitelaw

Sunday saw the final day of the 2011 Emperors Palace National Yearling Sale. Of the 600 catalogued horses, 472 sold for an aggregate of R115 310 000 (down 28% on last year's total).

The average of R244 301 was also down on last year's prices. Of the 537 horses to go through the sales ring (63 were withdrawn) just 65 failed to changes hands, which suggests that breeders are setting realistic reserves.

Top price lot on the sale was lot 196, a filly by champion South African sire Jet Master. The filly, named Heart's Content, was knocked down for R3.2 million to leading trainer, Ormond Ferraris.

Out of the G3 winner Jalberry, Heart's Content was consigned by Varsfontein Stud (as Agent).

Varsfontein were the leading vendors by overall aggregate at the sale. Based in the Western Cape, Varsfontein sold 17 of their 18 lots for a total of R7.055 million.

Varsfontein Stud (as agent) were the leading vendors, by average. As agent, Varsfontein sold all seven of their yearlings, for an average price of R706 429.

Form Bloodstock were the leading buyers at the sale. They purchased 20 yearlings for R10.2 million, and the yearlings bought by them averaged R510 000.

Jet Master, who has been champion sire for the last four seasons, was the leading stallion by some way. His 35 yearlings sold for R21.325 million - well clear of runner up sire Trippi, whose yearlings bought R8 650 million. Jet Master's yearlings averaged R609 286, and the stallion had seven yearlings sell for R1 million plus.

He was also responsible for the top priced filly and colt sold at the auction. Jet Master was also the leading sire by average, four lots or more sold.

Overall, the feeling was the National Sale had been negatively impacted by the Cape Premier Yearling Sale, held earlier this year. A number of yearlings which would have sold on Nationals were sold at the Cape, and a number of major international buyers also failed to attend this year's Sale.

A full list of results can be found on www.tba.co.za