By August 27, 2013 Read More →

Carter Sales Company Posts Big Gains

Carter Sales Company saw record increases at the Oklahoma City Summer Thoroughbred Sale held at the Oklahoma City Fairgrounds on August 19. The total gross sales of $448,600 was the best ever recorded for the sale, and the average of $8,011 rose 41.6% percent from $5,654 last year. The median was $6,000 this year, up 36.4% from last year. The buy-back rate fell from 28% in 2012 to 22%.

“We expected a better sale, but these numbers really signal a turn,” said Sale Manager Terri Carter. “Our racing is really strong, but like sales across the country the last couple of years have been a little tough. It was exciting to see the value of these horses rise and the people at the sale really had a good time.”

The top seller at $27,700 was an Oklahoma-bred Primary Suspect colt out of the stakes-placed Saint Ballado mare Spirited Maiden. The colt was purchased by Randy Patterson of Anthony, Kansas, and was consigned by Mighty Acres, agent for Center Hills Farm.

Buena Madera was the leading consignor with $122,700 in gross sales and an average of $11,155 for the 11 head sold.

The summer sale also added a session this year for horses of racing age. Twelve were offered with five selling for an average of $10,200. The average sales price for the yearling session was $7,796.

“The buyers were able to buy a horse Monday and enter him on Wednesday. It doesn’t get much more fun than that,” Carter said.

For hip-by-hip results, go to www.cartersalesco.com.

Posted in: OKLAHOMA

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