Minnesota Thoroughbred Association Yearling Sale Breaks Records at Canterbury

mtalogo(From MTA website)

The MTA Yearling Sale held at Canterbury Park and the new Expo Center was a fantastic sales arena. A huge crowd watched as 49 of the 62 yearlings presented sold to new owners! Hip #49, a filly by Midshipman out of Lion Cub, brought $50,000 as the sale topper. This outstanding filly was consigned by Dove Hill Farm, Agent for Richard Bremer and Cheryl Sprick. Congratulations to Barry and Joni Butzow on their purchase!

Gross proceeds of the sale were a record-breaking $517,350! This tops the previous record of $454,100 set in 2014 by $63,250. The 2016 average price per yearling fell just $2 shy of the 2014 record of $10,560. The 2016 median sale price of $6,500 was the highest since 2002 when there was a special bonus offered for a sales graduate winning the Northern Lights Futurity or Debutante and the Minnesota Derby or Oaks. The 2002 median was $7,000, but that year is considered an anomaly.

Congratulations to all of the new owners! We wish you the best of luck with your new MN-breds and look forward to seeing all of you in the winner’s circle often. To the breeders and consignors, a huge Thank You! The investment in time, money, and prayers (that these babies don’t hurt themselves) is incredible. The MTA appreciates these MN-bred breeders who are the basis of our industry!

For complete results, go to www.minnesotabred.com.