Clearance rates narrowly in excess of 95% for both days of the Japan Racing Horse Association (JRHA) Select Sale speak to the consistent demand for fledgling racehorses in the country where the leading bloodstock auction has once again set new high markers in all sectors of the market. At the final count, 447 foals and yearlings (from 469 offered) changed hands for a new record aggregate of ¥25,762,500,000 (£159m/€187m), up 14% on last year's previous high. The average also increased significantly, by 12%, to ¥57,634,228 (£355,000/€419,000) for the sale as...