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Spectacular South Island Sale results

Record-breaking results were the order of the day at the 2016 edition of New Zealand Bloodstock’s South Island Sale proving demand for the Southern product is stronger than ever.

Dramatic increases across the key measures saw clearance skyrocket to 92% this year while the all-important median increased 150% to $15,000 from $6,000 last year. A 121% increase in the aggregate saw total receipts of $1,447,100 taken for the 83 horses that found new homes, leading to an average of $17,435 (up from $10,401 last year).

New Zealand Bloodstock Managing Director Andrew Seabrook was thrilled with the results.

“For any sale to double its turnover and see the average, median and clearance rate increase by such large margins is spectacular.

“The future of this Sale has now well and truly been cemented and to see international buyers such as the China Horse Club, John Foote, Darren Dance, Liam Birchley, Eion Sullivan, Stephen Chow, among others, shows that there is still strong demand for the Southern product.

“With the support of the South Island breeders and vendors, we will look to grow this Sale even further next year,” said Seabrook.

Having celebrated their exciting young sire Zacinto’s first winner this week after Ugo Foscolo’s impressive debut victory, Inglewood Stud’s good fortune continued with their resident son of Dansili. Zacinto was the leading sire with five selling for an average of $23,600 with the farm also topping the leading vendor by average table.

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