Market reflections

Close to 1,500 foals have changed hands at Goffs and Tattersalls over the past fortnight during what industry stakeholders have acknowledged to be a magic marketplace. This was the year to sell a foal with all of the key figures jumping dramatically at both sales houses.  Not only were the pinhookers predictably strong after what was widely agreed to be an unexpectedly good end to the yearling sales, but a number of end-users--Godolphin, Yulong, Juddmonte and more--really stepped up to the plate at both sales.  There were records broken at...

Is bigger always better? Throughout the first evening of the Tattersalls Craven Breeze-up Sale one could have been forgiven for thinking that a rise in the number catalogued for the first of the European sales in this sector was not necessarily a good thing. At 202 in the book and 166 ultimately offered across the two days, this was the largest Craven Sale since 2007 and up significantly from the 164 catalogued and 134 offered last year.  For reasons that are hard to fathom, ungraded sales, with horses sold merely...