Strong Trade For Yearlings At Inglis

A low key day of trade at the Inglis HTBA Scone Yearling Sale on Monday brought the curtain down on a record breaking year for the sales company. Monday's short session when just 50 yearlings were on offer yielded a top price of A$32,000 when lot 222, a son of Animal Kingdom, offered by Arrowfield Stud, was bought by K Law. Overall the sale posted an impressive set of results with a strong clearance rate of 91%, an aggregate of A$3,751,750 and an average of A$17,209. While happy with the sale in general, Inglis managing director Mark Webster was even more satisfied with the entire yearling sale season at Inglis, the best in the company's 150 year history. Following Monday's action Inglis had sold 1,877 yearlings in 2017 at a clearance rate of 88%, an average of A$116,000 and gross of A$219,410,250.

“It's been a remarkable year for Inglis and what these statistics highlight to our vendors is that if you want to maximise your chance of selling your product at the highest-possible price, you need to be selling them through an Inglis sale,” Webster said. He continued, “To have the five yearling sales with the top growth in Australasia – and six of the top seven – is a great achievement and wouldn't be possible without the support of our vendors, breeders and buyers. These numbers indicate Inglis is growing ahead of the industry growth rate this year and it all augers well for our first year of selling at Riverside Stables in 2018.”