The Cape Yearling Sale held at Mistico Equestrian Centre on Sunday again reaffirmed its position as a typical regional sale of quality and genuine value with a horse to suit every pocket.
Top-seller: Wilgerbosdrift’s #79 – a son of champion Soft Falling Rain
With the median increasing 25% year on year, and a healthy clearance rate, the sale served its purpose on all fronts with breeders clearing the cupboards ahead of what is promising to be a watershed year in a tough industry. The general optimism is felt against the background of the improved economic and political sentiment of recent weeks.
“If trainers of all shapes and sizes couldn’t find a horse of all shapes and sizes at this sale, then they are never going to find a horse,” said one breeder, who added that the good news was that 72 horses were in the hands of new owners and that breeders moved on to fight another day. “The ambiance and the excellent venue made it a helluva pleasant way to spend a Sunday afternoon, too!”
Not unexpectedly, buyers once again held the upper hand with the Cape Yearling Sale’s proven history of quality at great value.The pin-hookers were also hard at work ahead of the new Emperors Palace Breeze-Up Sale on 4 November.
Read more about the new sale here
The sale produced an aggregate of R4 075 000, with 72 of the 86 lots through the ring being sold.
The median price of R50 000 showed an improvement on the R40 000 of 2017.
The average declined – R134 000 in 2016 falling to R60 500 in 2017 – hitting a low of R56 500 on Sunday.
Top-seller was #79, Tree Of Wisdom, a Wilgerbosdrift consigned son of international champion Soft Falling Rain, hailing from the family of last Thursday evening’s Zabeel Mile winner Janoobi. The good-looking colt is out of Western Winter three-time winner, Minerva, and went to Milnerton-based Bass Racing for R200 000.
