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October 22, 2008 (Wed)

Gross at 2008 Hokkaido Selection Sale for foals dips just 6.5% to JPY 776,475,000

On Wednesday, July 23, the Hidaka Breeders' Association(HBA) hosted the Selection Sale auction for foals at the Hokkaido Sales Complex in Shinhidaka. The highest priced foal was a son of King Halo out of Takano Secretary (USA), full brother to Kawakami Princess, a foal that is symbolic to the Hidaka breeding district. After some intense bidding, the colt went to Darley Japan of Hidaka for JPY 63,525,000. The highest price for a filly was the JPY 13,650,000 paid by Takaya Shimakawa of Miyagi Prefecture for a foal sired by King Kamehameha out of Grace Maria. King Halo topped the list of average price by stallion with the sale of Kawakami Princess's brother (JPY 63,525,000 - just one progeny sold). Next were Agnes Tachyon (JPY 27,195,000) and Zenno Rob Roy (JPY 24,202,500), respectively. This placed Japan-bred stallions in all of the top three positions.

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178 foals (119 colts and 59 fillies) were offered, and 58 (47 colts and 11 fillies) were hammered down. The percentage sold was therefore 32.6%, which was down 4.7 points from last year. The total value of horses sold was JPY 776,475,000, which was decline of 6.5% from last year. However, the average price climbed 16.0% on the year to JPY 13,387,500, even though the median price slipped a bit at just 0.5% to JPY 10,500,000.