Business and the Economy
Solid Yearling Sale
Gross receipts for Keeneland’s eleven day yearling sales were down slightly from a year ago. But, the average price and median figure were up. Just over 25 hundred horses were auctioned off during the eleven day sale, A little more than 29 hundred horses were sold last year. The cumulative average price this year increased 14 percent while the median jumped up 50 percent.
Keeneland Vice President of Sales, Walt Robertson says the sale was driven by the sheer number of people who attended and the high volume of trade they generated. Both U.S. and foreign buyers were engaged at all levels of the market.