Breeding & Racing Magazine

Inglis Melb Yearlings Day-1: Average Up 25%

Overall on Day-1 at the Inglis Premier Sale, 140 yearlings sold for $12,558,000 at an average $89,700 (up 25% on last year). And the $70,000 median was up 40% on last year. Inglis managing director Mark Webster commented: "The substantial increase in median coupled with a clearance rate of 82.35% is a just reward for breeders who have supported this sale. There was competition at all levels of business & it was very pleasing to see buyers from Japan, Hong Kong, Ireland, United Kingdom & Singapore in addition to Australia & New Zealand."