Well, if the sales results for F-T Maryland is any indication of the F-T KY sale, should be a lot of no bids, no sales, RNA's and outs. About like the Keeneland sale.
Course, in KY the agents can make the numbers look much better. Good luck to all that have spent the bucks to enter the sale, pay a sales agent, someone to prep the horse and have reserves on them.
For those of us, who like to buy good horses cheap, better load up and head that way...
Fasig-Tipton Maryland
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BladeRunner
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I'm new to this forum, but you really can't compare today's FT Maryland sale to the upcoming sale in KY...there were only 84 horses in the entire book and they only sold 45 head, while the KY sale has over 600 horses in it.
While the KY sale isn't usually a great sale, there are some nice horses in the book. Also, despite the fact that the MD sale was horrible today, the average, albeit very low, was actually higher than last year's average. Although I'm not even sure you can compare last year to this year, they sold more than twice as many horses in 2006, than this year, I'm sure that dragged the average down a year ago. Lastly, it must be about 12 degrees at Timonium today....I wasn't there, but I'd bet buyers were few and far between.
While the KY sale isn't usually a great sale, there are some nice horses in the book. Also, despite the fact that the MD sale was horrible today, the average, albeit very low, was actually higher than last year's average. Although I'm not even sure you can compare last year to this year, they sold more than twice as many horses in 2006, than this year, I'm sure that dragged the average down a year ago. Lastly, it must be about 12 degrees at Timonium today....I wasn't there, but I'd bet buyers were few and far between.
I think this year's sale was down based on the sale last year as much as anything else.
Last year's sale was horribly depressed by the EHV virus outbreak in Maryland. There were a lot of horses scratched. Buyers stayed away in droves. I guess they were afraid that any horse purchased in Maryland might be a carrier, and that's the last thing you want to bring on your farm. The buyers that showed up found some bargains in a seriously depleted sale. The resulting numbers (average, median, etc) were way down, and I'm sure that influenced sellers not to enter their horses in this year's sale. Between the arctic blast and the small catalog, my guess is that buyers stayed away from this year's edition, also.
Last year's sale was horribly depressed by the EHV virus outbreak in Maryland. There were a lot of horses scratched. Buyers stayed away in droves. I guess they were afraid that any horse purchased in Maryland might be a carrier, and that's the last thing you want to bring on your farm. The buyers that showed up found some bargains in a seriously depleted sale. The resulting numbers (average, median, etc) were way down, and I'm sure that influenced sellers not to enter their horses in this year's sale. Between the arctic blast and the small catalog, my guess is that buyers stayed away from this year's edition, also.
Nobody said the horses at the KY sale weren't good. I wouldn't trade what I bought there last year for anything that I saw sell the last few days of the Keeneland sale in January. But the agents are ruining all the sales with all their deal making, and inflated prices. The only ones making any money are the sale companies and the agents.
We have been buying at the Timonium sale since the late 80's and didnt go to this sale. Why travel 5 hrs each way for a sale that will last about an hour and maybe have the mare that we want be pulled out? Last Feb, we bought 3 very nice mares infoal for little and bought another 3 in December. I really hope that the 84 horses cataloged this year is not a sign of things to come as I have always enjoyed going to Timonium twice a year..but I must admit I liked it better when I lived 40 minutes away.
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BladeRunner
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Crystal wrote:well if you want cheap horses stay in MD, Timonium will have the cheapest of them all.
That is a very unfair assertion. Many top horses, such as Afleet Alex, to quickly name one from the top of my head, have sold at Timonium. The sales there are usually solid and have been getting better over the years. I will say the breeding stock sales are usually on the lower side, compared to other sales, but much of that has to do with weather. Fasig-Tipton should have cancelled this year's Feb. sale when it only got a book of 84 head. Why would anyone show up for such a sale unless they were looking to get a steal?
Maybe someone could prove me wrong with actual figures, (as my assertion is not based on fact) but I'd put the Timonium yearling and 2-yr old sales up against any sale in TX, CA, WA, etc...and even some of the sales in FL for quality and prices.
- geowarrior
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BladeRunner
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geowarrior wrote:I don't know about Timonium but I do know that at least one mare sold for $100 at the WA winter mixed sale. I don't think it gets much cheaper than that. Highest WA price I can recall for that sale was in the mid twenty thousands. WA yearling sale may have higher prices.
Don't they have an upset price at the WA sales? Wow