NATIONAL YEARLING SALE 2011 IN PERSPECTIVE
Tuesday, April 19, 2011 at 05:30AM 
National Yearling Sale 2011
(Photo : Heather Morkel)
“For Major Sales, 2011 The Best Year Ever”
Karel Miedema
Sporting PostThe Cape Premiere Yearling Sale took many of the best yearlings away from the National Yearling Sale. To keep the numbers up, some 200 yearlings who normally wouldn’t have made the grade appeared in the National sale catalogue. No wonder the numbers at Nationals were down on previous years. Yet when put in proper context, the major sales of 2011 make it the best year South Africa has ever had. Ever!
At Nationals last year, 490 yearlings averaged R326k, with a median of 225k. At Nationals this year, 472 yearlings averaged R244k, with a median of 150k. It’s wrong, though, to make a straight comparison. As much as a third of the 2011 catalogue was made up of yearlings who didn’t belong at Nationals. Buyers took note and bid accordingly.
So how do we sensibly assess 2011, compared to previous years?
One way is to take the 214 yearlings sold at the Cape Premier Sale, and add the highest prices from the National Sale to get to a comparable number of yearlings sold to that of Nationals in 2010. Another way is to lump the Cape Premier Sale and National Sale together, and then from the top-price down pick a number of yearlings comparable to those sold at Nationals in 2010. Either way 2011 beats 2010 hands down. Both scenarios give an average price over R380k, compared to R326k last year. The median prices for the two scenarios are 260k and 275k - well above the 225k recorded last year.
When split by sex it’s much the same. The colts of 2011 average over R400k (vs 373 in 2010), with a median of 275k and 300k (vs 250k in 2010). The fillies average is 340k (vs 267k in 2010), with a median of 250k for both scenarios (vs 200k in 2010).
Percentage-wise those are increases of 15% and more in all cases. Looking back in time, the previous ‘best’ year for Nationals was 2008, with an average of R398k and a median of 260k - both below our double-handed 2011 scenarios.
No doubt the unqualified success of the Cape Premier Yearling Sale deserves the kudus. But overall speaking there’s every reason to be pleased with what has been achieved in 2011 at our two major sales.
The tables below shows the last 2 years of sales and a list of yearling millionaires, how they’re bred, who bought and who sold.
NATIONAL YEARLING SALE 2011
In Perspective
| Scenario | Yearlings | Average (ZAR) | Median |
|---|---|---|---|
| National Yearling Sale 2010 | 490 | 326,000 | 225,000 |
| National Yearling Sale 2011 | 472 | 244,000 | 150,000 |
| All Cape Premiere Yearling Sale 2011 and All National Yearling Sale 2011 | 686 | 296,000 | 200,000 |
| All Cape Premiere Yearling Sale 2011 and Top National Yearling Sale 2011 | 488 | 380,000 | 260,000 |
| Top of all Cape Premiere Yearling Sale 2011 and National Yearling Sale 2011 | 479 | 387,000 | 275,000 |
| Colts | Yearlings | Average (ZAR) | Median |
|---|---|---|---|
| National Yearling Sale 2010 | 273 | 373,000 | 250,000 |
| National Yearling Sale 2011 | 258 | 262,000 | 175,000 |
| All Cape Premiere Yearling Sale 2011 and All National Yearling Sale 2011 | 397 | 323,000 | 200,000 |
| All Cape Premiere Yearling Sale 2011 and Top National Yearling Sale 2011 | 295 | 405,000 | 275,000 |
| Top of all Cape Premiere Yearling Sale 2011 and National Yearling Sale 2011 | 287 | 414,000 | 300,000 |
| Fillies | Yearlings | Average (ZAR) | Median |
|---|---|---|---|
| National Yearling Sale 2010 | 217 | 267,000 | 200,000 |
| National Yearling Sale 2011 | 214 | 221,000 | 150,000 |
| All Cape Premiere Yearling Sale 2011 and All National Yearling Sale 2011 | 289 | 258,000 | 175,000 |
| All Cape Premiere Yearling Sale 2011 and Top National Yearling Sale 2011 | 193 | 343,000 | 250,000 |
| Top of all Cape Premiere Yearling Sale 2011 and National Yearling Sale 2011 | 192 | 246,000 | 250,000 |
NATIONAL YEARLING SALE 2011
Lots R1 Million Plus
| Price (ZAR) | Lot | Sex | Sire | Dam | Damsire | Buyer | Vendor |
|---|---|---|---|---|---|---|---|
| 3,200,000 | 196 | Filly | Jet Master | Jalberry | Jallad | OA Ferraris Racing | Varsfontein Stud (Agent) |
| 3,000,000 | 352 | Colt | Jet Master | Promisefrommyheart | Elliodor | A Papageorgiou | Varsfontein Stud |
| 2,100,000 | 217 | Colt | Trippi | La Patoneur | Badger Land | Mike Bass Racing | Klawervlei Stud |
| 2,000,000 | 421 | Filly | Giant’s Causeway | Skyline Drive View | Distant View | Mayfair Speculators | Summerhill Sales |
| 1,700,000 | 189 | Colt | Jet Master | Island Squaw | Al Mufti | Form Bloodstock | The Alchemy |
| 1,600,000 | 244 | Filly | Nayef | Letsimpress | General Monash | Blandford / Mrs R Beck | Drakenstein Stud |
| 1,400,000 | 304 | Colt | Silvano | National Vixen | National Assembly | Form Bloodstock | Riverton Stud |
| 1,350,000 | 151 | Filly | Fort Wood | Gypsy Queen | Royal Chalice | Varsfontein Stud | Rathmor Stud |
| 1,250,000 | 316 | Colt | Giant’s Causeway | Nuance | Rainbow Quest | Good-Hope Racing | Wilgerbosdrift |
| 1,200,000 | 599 | Colt | Jet Master | Bushra | Badger Land | John Freeman | Varsfontein Stud |
| 1,100,000 | 578 | Colt | Silvano | Badger’s Gift | Badger Land | Mike Bass Racing | Riverwold Stud |
| 1,000,000 | 546 | Colt | Western Winter | Akinfeet | Fort Wood | Form Bloodstock | Lammerskraal Stud |
| 1,000,000 | 268 | Colt | Jet Master | Majestic Guest | Northern Guest | Park Bloodstock | Klipdrift Stud (Agent) |
| 1,000,000 | 234 | Colt | Jet Master | Larapinta | Al Mufti | Rainbow Beach Trading | Ascot Stud |
| 1,000,000 | 221 | Colt | Jet Master | Lady Caroloty | Southern Halo | Knut Haug | Highdown Stud |
| 1,000,000 | 176 | Colt | Tiger Ridge | Ilha Da Vitoria | Candy Stripes | Form Bloodstock | Wilgerbosdrift |
Extract from Sporting Post
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