Day 2 average rises 10 percent at Inglis Easter yearling sale

The second session of the 2011 Inglis Australian Easter Yearling Sale continued at a strong pace on Wednesday with total sales surging through the $60 million mark.

With 251 yearlings sold to date, the average of $241,394 represents a near 10% increase on last year’s overall Session I figure.  “It’s very satisfying although Wednesday’s clearance rate was a little disappointing,” Inglis Managing Director Mark Webster said.  “But it can be expected to improve as post sale negotiations are completed.”

Makybe’s Casino Prince half-brother to Black Caviar topped Wednesday’s trade at $1,025,000.  He was knocked down to Hawkes Racing after an enthralling bidding duel with Peter Moody.

“It seemed like $600,000 was going to do it but the two boys obviously wanted him,” Gilgai Farm vendor Rick Jamieson said.  “I’m thrilled to bits.”

After being beaten on the session-topper, Moody spent $600,000 on the Redoute’s Choice – Lisheenowen half-brother to Private Steer and All Silent.

Mark Kavanagh proved strongest in the battle for the Street Sense three-quarter-brother to Shocking winning out with a $450,000 bid.

Ingham Racing continues to lead the buying list, securing 11 yearlings overall for $3.27 million, closely followed by Shadwell with 9 for $3.04 million.

Arrowfield is the leading vendor by aggregate having sold 24 yearlings for $6.95 million.  Coolmore has 27 sold for $5.99 million followed by Widden Stud with 16 for $3.85 million and Yarraman Park next best with 11 yearlings for $3.53 million.

Day 3 continues at 11am on Thursday.