Highlighted by the sale of the stakes-winning, graded-placed Smash Ticket for $600,000, 215 horses offered for $31,060,000 (together with non-public gross sales) through the second session Nov. 6 of the Keeneland November Breeding Inventory Sale.
The figures constituted a 7.9% discount in common value at $144,465 in comparison with the identical session a 12 months earlier and a 13.5% discount in gross. The decline in gross was partly attributable to 29 fewer horses supplied and 215 horses altering fingers, 14 fewer than in 2024. The median was equal to final 12 months at $120,000.
Although costs for particular person horses didn’t meet these from the extra choose first session Nov. 5, six horses offered for $400,000 or extra, 5 of them mares, highlighted by Smash Ticket (Hip 383). Bloodstock agent Hunter Rankin signed for the acquisition of the Legacy Bloodstock-consigned mare, in foal to Nyquist , on behalf of the Flying Dutchmen possession group.
She was one in every of two mares to promote for a half million {dollars} or extra, the opposite being the Grovendale Gross sales-consigned Music Road (Hip 307), a graded-placed Road Sense mare in foal to Taiba , for $500,000. Greg Tramontin, within the course of of shopping for Siena Farm close to Paris, Ky., bought the mare.
Tramontin was the day’s main purchaser, spending $825,000 for 2 mares. He paid $325,000 for the grade 3-placed Moody Lady , a 5-year-old daughter of Gormley in foal to Uncle Mo .
Commerce was regular, with in-demand mares frequently bringing in $100,000 or extra. Fourteen of the 15 mares Claiborne Farm offered Wednesday met that threshold. Claiborne had one mare that fell wanting her reserve.
“From a vendor’s perspective, it was strong. Sounds prefer it’s exhausting to purchase too,” Claiborne Farm president Walker Hancock stated. “So it is good once I guess each issues work out for a gross sales setting.”
Six mares offered by Claiborne had been a part of the entire dispersal of breeding inventory for Stuart Janney III, chairman of The Jockey Membership and a lifelong Thoroughbred proprietor and breeder. His household has been concerned within the sport for many years.
“It is clearly bittersweet for us, proper?” Hancock stated of the dispersal. “He is such a such an amazing shopper. He is put a lot time, effort, and keenness into it.”
Hancock stated Janney’s younger unraced horses will make their approach to the racetrack, “So it will keep it up for the subsequent couple years, however these mares have been cultivated for a lot of generations by him and his household, and it is form of his life’s work within the equine trade, plus The Jockey Membership. Robust to see them stroll out the door.”
The Janney-raced Gun Boat (Hip 603), a stakes-placed Struggle Entrance mare, was the highest-priced mare offered by Claiborne Wednesday when the 5-year-old broodmare prospect fetched a $310,000 ultimate bid by Burger Racing Stables.
“Loads of these mares and their households have hit the market earlier than. In order that’s why you are seeing a few of these larger costs,” he stated.
With gross sales of $4,732,000 for 34 horses, Taylor Made Gross sales Company was the session’s main consignor.
Claiborne didn’t promote any weanlings Wednesday, withdrawing these it cataloged, however these in different consignments attracted curiosity. A filly by the speedy Life Is Good , consigned as Hip 287 by Runnymede Farm, agent for the entire dispersal of Breed First, was the top-priced weanling at $410,000. Traditional Equine purchased her.
“Everyone knows the weanling market is without doubt one of the most secure and robust markets,” Runnymede Farm president Romain Malhouitre stated. “It is at all times good however I by no means anticipated she would make that at that degree. Coming on this morning we had all the suitable individuals, so we’re grateful for all of them to be there for a pleasant filly.”
Tony Lacy, vice chairman of gross sales for Keeneland, talked about weanlings by younger stallions as having attracted consumers’ curiosity.
“Very happy, a very good, strong day’s commerce,” he stated concerning the Wednesday session. “I feel it was truthful. There have been some sticky spots the place it was slightly selective in areas. The (reserve not attained) charge was constant, within the mid-20s for various the day and simply ticked up close to the tip.”
9 of the ultimate 15 horses within the ring went unsold.
Over the complete second session, 79 failed to satisfy their reserves, reflecting an RNA charge of 26.9%, decrease than a 12 months in the past (29.1%) however an increase from the 17.4% charge on the sale’s first day. Officers had been additionally happy with the median holding regular at $120,000 and trending forward of final 12 months over the sale’s first two days.
“Averages are nice for headlines, however the median actually provides a greater indicator of what the extent of commerce is,” stated Cormac Breathnach, director of gross sales operations at Keeneland. “And so when your median’s wholesome and your RNA charge is appropriate, or significantly good, as within the case of yesterday, then which means lots of people are getting horses moved for acceptable numbers.”
Cumulatively, 367 horses have grossed $96,630,000, a lower of two.5% from final 12 months’s $99,158,000 when 370 horses offered. The typical of $263,297 was on par (-1.8%) with $267,995 in 2023, whereas the median of $195,000 is up 8.3% from $180,000 at this level final 12 months.
The November Sale continues Nov. 7 with the third session starting at 10 a.m. ET.
