The Carter Sales Co.’s OKC September Sale saw a slight decline in average for the first time at the Labor Day weekend sale. A total of 50 yearlings sold for an average of $7,228, a 21 percent drop from the 2017 average of $9,137.
Graduates from the sale won three maiden special weight races and an allowance race opening week at Remington Park and that seemed to have owners ready to hang on to their consignments for the chance to run for the $42,000 maiden purses.
The resulting RNA rate was 37 percent with 53 selling of the 85 offered. The buy back rate in 2017 was only 24 percent.
There were two sale toppers at $30,000 a piece. Both horses were from the sale’s leading consignor Mighty Acres.
It took $30,000 to take home Hip 58, a Race Day colt out of Dance Softly, dam of Welder, winner of nearly $350,000. RA-MAX Farms LLC signed the winning ticket at the Sunday afternoon sale. Oklahoma leading breeder Center Hills Farm bred the colt which was consigned by Mighty Acres for RML Thoroughbreds LLC.
David Rodawalt had the winning $30,000 bid on Hip 65, a colt by Pollard’s Vision out of the multiple stakes producing mare Fool Hearted Memory. The colt was consigned by Mighty Acres for Center Hills Farm.
The OKC Sale had gross sales of $384,400 for 53 horses sold compared to $531,400 in 2017 for 65 sold. In 2017 there were four horses sold above $40,000 with the sales topper at $55,000. Those alone make up a $185,000 difference in gross sales.
“We offered 1 more horse than last year but sold 12 less horses and our sales topper brought $25,000 less than last year so that will definitely affect your average,” said sales manager Terri Carter.
“But we had the biggest crowd ever and the mood was really light. I think the great racing at Remington Park and our graduates success is reflective in our results and our outlook on the future,” she continued.
“Overall, it was a more balanced sale with consignors confident enough to hang on to their horses.”
For complete results, go to www.cartersalesco.com.
(from Carter Sales Co. news release)