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Monday, October 24, 2016

Forest City Sale 2016

The Forest City Sale took one to the gut when the Ontario Liberal Government leaked its intention to terminate SARP by March, 2013. The 2012 sale saw 257 yearlings average $10,519. The previous year 263 averaged more than $18,000. As contingency plans for the industry were assembled and assurances of continuity dished out from above, things began to settle down: in 2013 32 fewer head were sold but the average increased to $13,524. And in 2014 it kicked up to $15,294. Last year the average stepped up again to $23,207, although the number sold dropped by almost half since 2011.

On Sunday 133 yearlings sold for an average of $26,308. That’s an increase of almost 12% from last year and 60% from the deep, dark days of 2012. And the gross was up $302,000 on three fewer yearlings sold. Let’s look inside.

Shadow Play, who outdid Sportswriter at the Canadian Yearling Sale, managed to do so again—on a grander scale. The 11-year-old is selling his fifth crop, and up until Sunday his only $100,000 plus yearling was Arthur Blue Chip, from crop number one. He was a big time outlier at $135,000. On Sunday that one’s full sister brought $110,000 while a colt sold for $100,000. And another colt brought $82,000.

The sire of world champion Lady Shadow saw 28 average $33,786, up 19% from last year and up 54% since 2013. Five, or 18%, topped $50,000; 14, or 48% beat $25,000 and 19, or 65.5% exceeded $20,000. So, while the son of The Panderosa, who has seen his fee hold steady at $4,000 (cdn) the last three years, made a splash at the top, almost half of his offering failed to beat $25,000.

Sportswriter, the two-year-old division champ in the US and Canada, had more of a presence at Forest City than he has had in the past; he sold eleven for an average of $29,091. This after only selling a pair each in 2014 and 2015. This year’s sale crop is very large at 141 yearlings. Contrast that with last year when there were only 57.

He had a good year in the OSS, finishing second on the leader board with the likes of Yaris Bayama, Yogi Bayama and Sports Column. Sportswriter stands for $6,500 (cdn).

Nineteen by the son of Artsplace averaged $22,500 at the Canadian Yearling Sale.

Seventeen-year-old Mach Three, who was selling his twelfth crop, has seen younger stallions come and go in Ontario but he still rules the roost—until next year when Bettor’s Delight starts selling Canadian breds again, anyway. Fourteen averaged $40,286. That’s up 14% from 2015 and up 22% since 2013.

There were no $100,000 sales; the highest was a roan colt that went for $74,000. However, his prices were good across the board. More than 28% topped $50,000; 86% broke $25,000; and none of them dropped below $20,000. There are 103 in this crop. He shows no sign of slowing down.

Camluck, who retired in the fall of 2014 and passed in August of 2015, had been a key figure in Ontario racing for decades. And the sire of Michael’s Power, Dreamfair Eternal, Burning Point and Giddy Up Lucky, finished strong with his final crop. Eight averaged $31,375, down only 6% from the 15 he sold last year.

Badlands Hanover stood for eight years in Delaware before relocating to Ontario. He’s selling his sixth Canadian crop. Seven sold for a $16,000 average, up almost 4% from last year when he sold 14 at Forest City. Only two cracked $20,000 and four of them sold for less than $15,000. This offering is from a crop of 61 registered foals. There were 44 last year. Twnty-year-old Badlands bred more than 150 mares in each of his first four years in Ontario.

Royal Mattjesty is another wheel-spinner. Eleven averaged $15,545. And that’s up more than 16% from last year. Beyond that, his average is up almost 53% since 2014, when four averaged $7,375. There are only 16 registered foals in the crop selling this year. There were 10 in the crop that sold last year and 12 in 2013. He’s not exactly a high volume stallion. Royal Mattjesty stands for $3,500 (cdn).

The Western Ideal stallion Big Jim sold six for a $25,167 average—up 27% over last year when 11 sold. His average is up 29% since his first crop sold in 2014. Seven averaged $25,885 at the Canadian Yearling Sale, where Brad Grant paid $45,000 for a colt and Tony O’Sullivan paid $44,000 for another. Three at Forest City topped $25,000 while three failed to break $15,000. He’s number four in the OSS thanks to Streakavana and Magnum J. Big Jim stands for $4,000 (cdn).

Vintage Master sold seven for a $10, 857 average. That’s down 25% from his $14,667 average for six sold last year. Eight averaged under $10,000 in 2014. Six sold for less than $15,000 at Forest City. Freshman filly Thatsoveryverynice won a split of the Eternal Camnation and a couple of Golds last year, but she’s been no factor at three.

Trotters only represented 24% of the yearlings sold at Forest City. Muscle Mass is selling for the NYSS market this year and Kadabra is not a big Forest City guy: he only sold two Sunday, none last year and three in 2014. The sire of Caprice Hill, Emoticon Hanover, Winter Sweet Frost and Will Take Charge sold a filly for $80,000 and another for $29,000.

Twenty-year-old Angus Hall, who saw his fee drop from $10,000 to $6,000 in the face of the SARP crisis in 2013, sold nine for a $23,333 average, up 28% from 2015 and up 45% from 2014. One topped $50,000; four of the nine broke $25,000; and 5, or 55%, fell short of $20,000.

Triple Crown winner Glidemaster was shipped to Canada a couple of years ago after standing for seven years in Pennsylvania. Maven is his crown jewel, and the drop-off is precipitous after that. Blue Porsche closed his freshman season in promising fashion but wasn’t healthy enough to go on and the ill-fated Punxsutawney was killed in an accident.

Glidemaster’s last two crops in Pennsylvania consisted of 17 and 14 foals. He sold a dozen for a $17,167 average at Forest City. Only one topped $25,000. Eight brought less than $20,000.

Holiday Road sold five for a $23,600 average from a crop of 31 registered foals. Last hear he only sold one from a crop of 18.

Majestic Son sold a pair of fillies for $36,000 and $26,000. Again, there are only 29 in the crop they came from. Let’s hope Muscle Mass, E L Titan and Archangel are going to turn out large numbers, because these small crops that sell at reduced prices are a problem.

Joe FitzGerald

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