Japanese bloodstock

HOKKAIDO, Japan -- "I expected it would be lively," said Katsumi Yoshida, in what may have been the understatement of the day at the conclusion of the yearling section of the JRHA Select Sale. Even by its own lofty standards, Japan's premier sale of bloodstock managed to raise the bar higher still, with only two of the 227 yearlings to pass through the ring on Monday failing to find a buyer. A 99 per cent clearance rate would be the envy of any sales house, and with the turnover of...