Saturday, November 17 2012

Strong Trade, Stable Market Define Keeneland November Sale

LEXINGTON, KY (Nov. 16, 2012) – Demand for quality broodmares and strong participation from both foreign and domestic buyers, particularly at the top levels of the market, generated solid business trade throughout Keeneland’s November Breeding Stock Sale, which concluded Friday.

Gross sales for the 11-day auction, held November 6-16, totaled $143,025,600 for the sale of 2,414 horses, for an average of $59,248 and a median price of $22,000. Last year, 2,554 horses brought $208,511,200, for an average of $81,641 and a median of $24,000.

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