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MM Mares Final Select Average Up 38.1%
The 3rd & final select session of the Magic Millions National Broodmare Sale concluded on the Gold Coast yesterday with 449 lots sold for a cumulative $41,553,250 (up 21.2% on last year's 512 sold for $34,280,600). The $92,502 cumulative average was up 38.1% (last year $66,954) & the clearance rate was 87%. Magic Millions managing director David Chester declared: "This sale continues to grow at amazing levels each year & it is now regarded as the best in the Southern Hemisphere. Quality mares were in amazing demand. I'm sure many of the breeders wished they had catalogued more of their quality stock that they were contemplating selling. And while many of the mares sold for lofty amounts, there were plenty of great value buys."