With the new year comes Yearling Sales anticipation and the good folk at PGGW are busy gearing up for another dose of the Australasian Classic and New Zealand Premiere Yearling Sales.
Riding the high of last year’s strong sales results, Bruce Barlass of PGGW said he was looking forward to “another strong sale as the with smaller crop of horses being bred, there is an almost greater demand now for quality bloodstock”.
That being said, the numbers don’t lie.
Last year’s sales turnover totalled $13.6 million. Up a full $4 million dollars on the same total in 2012. Auckland had its highest turnover EVER at $5.6 million.
Christchurch reached the magical $8 million-dollar mark! A feat that had only been achieved in 2008 and 2009, when the Premiere sale was spread over 3 days with catalogues of 500+, not the 374 seen last year.
Other areas indicative of a good sales included the 85% clearance rate in both islands, something that had never before been achieved.
There were also 17 $100,000 sales and 53 purchasers who spent $100,000 or more!
Not wanting to rest on their laurels, Bruce and the rest of the PGGW team met with vendors and breeders around the country for an open discussion on what was working, what wasn’t and what could be done better.
“The consensus of breeders in the South Island was to reduce the Christchurch catalogue from the 375 offered in February 2016”, said Barlass.
“It was felt that a small reduction just made stabling, selling and transporting in and out a little more comfortable for all concerned.”
From an initial nomination of 560 (159 for Auckland and 401 for Christchurch) this has been selected down to 150 in the North Island and 360 in the Southern sale. (There have been six withdrawals since the sales catalogue went to print.)
Other areas of improvement were largely based around the venue in Christchurch. While it isn’t the purpose built sales ring vendors in the North enjoy, PGGW have worked hard in the ‘off season’ to bring the mix of sound and visual displays up to the standard enjoyed at Karaka.
“We’ve been working closely with Ken Hume of New Zealand Bloodstock who have made available for the first time the display software used in the North Island. They recently held their sale at our venue for the first time ever and experienced one of their best South Island results ever.
One of the benefits of the new display software is the ability to have an indicator board for outside on the front of the Riding for the Disabled arena.
“It will be able to be seen from the grass stabling area and provide preparers (and everyone in attendance) with a better opportunity to establish what lot is in the ring at any given time”, said Barlass.
The sale will once again be web casted live via the PGGW website with the costs of televising the sale live on Trackside proving to be once again prohibitive.
No surprises which sire has the largest draft. Leading North American and just crowned five times Australasian Leading Sire, Bettor’s Delight, has a grand total of 110 yearlings (70 colts and 40 fillies) with 46 to be offered in Auckland and 64 in Christchurch.
Art Major, whose yearlings met with huge demand this year has his largest draft ever with 77, 58 of them to be catalogued in Christchurch. Mach Three who recently topped the Australian Percentage Sires List alongside Bettor’s has 47 on offer, followed by the first season crop of A Rocknroll Dance with 40 yearlings. American Ideal, Auckland Reactor and Sportswriter each have 21 yearlings a piece. Somebeachsomewhere who is well on the way to his third 3yo Sires Premiership in the USA has 13 yearlings and five time NZ Leading Sire Christian Cullen has 12 yearlings (10 colts).
The trotters total 73 nationally (18 in Auckland and 55 in Christchurch), which is marginally down on previous years. Majestic Son dominates the trotting draft with 23 yearlings, followed by Andover Hall with 10, and Angus Hall 7. After that though there is a massive selection with the progeny of 19 individual trotting sires to be catalogued.
We hope to see some of you over from across the ditch for what should be another incredible three days.