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Baden-Baden Spring: Average Down 47%

Monday, 25th May 2009

Overall "the gloomy expectations held by most ahead of the BBAG Sale were realised: the figures crashed with few buyers at the Baden-Baden sales ground interested in buying horses," declared racingpost.com. "Compared to 2008, the aggregate fell 64%, the average fell 47% & the clearance rate dropped to 42%. Few lots managed to break the €10,000 (A$18,000) barrier & many horses were bought-back-in by their vendors." Tom Goff from Blandford Bloodstock commented: "It makes a mockery of things when the 2 best lots of the sale are bought-back-in. I come here every year & it seems the German industry has been harder hit than most by the current economic problems: there are just not enough buyers here with adequate budgets."

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