The Tattersall's September Yearling Sale took place recently. I was in attendance to check out the stock on sale myself. I was also interested to see if the upward trend in the equine industry would continue. On my way out of the sale I grabbed the printed set of results for the sale to see how it all went. Things on first glance seemed to go well but when I got the chance to compare the results to those achieved in 2009 I could see that real progress had been made.
In saying all that, last year's auction had three six figure transactions, the highest price this time around was 70000, but despite this the aggregate for the sale increased, along with the median and the average. The sale also had a very good clearance rate. However, despite what seems to be good news the final figures are some way short of where they were when the market was at its height and some vendors were forced to sell at a loss on even the covering fees let alone the production cost.
As per usual at these equine sales, huge contingents of the people in attendance were from foreign countries. This pays testimony to the high regard people have for Irish horses. We produce some of the finest yearlings in the world. This brings customers from Fance, Spain, Poland, Czech Republic, Switzerland, Italy and many more countries to Ireland for our equine sales.
The highlight of the sales was a filly and a colt who were both sold at the 70,000 mark. The filly was by Choisir and the clot was by Excellent Art. In addition to these 2 sales there were other yearlings sold for prices ranging from 30,000 - 60,000.
So to sum it all up, things may look as if they are starting to improve on what has been a disastrous couple of years all the way across the horse industry but especially for the breeders who depend on a strong market to sell their animals, so fingers cross the market can continue to grow and get stronger.
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