Market resilient in difficult trade

PUBLISHED: 20 August 2019

The Bloodstock South Africa National 2YO Sale that concluded at Germiston last week saw the market show some welcome resilience in difficult trading conditions.

In total 316 of the 392 catalogued lots sold, at an average of R103,085, 14% up on last year’s figure of R89,802.

The aggregate of R32,575,000 was also significantly up on the R29,455,000 of a year ago.

The late Soft Falling Rain was leading sire, with his 14 lots fetching R2,740,000.  

Newly crowned champion breeders Wilgerbosdrift and Mauritzfontein swiftly got into the swing of things on Thursday.

Early sales topper was Soft Falling Rain colt Herecomestherain. Sent down by Wilgerbosdrift, he was snapped up for R600,000 by Jehan Malherbe’s Form Bloodstock organisation.

And Mauritzfontein also got into the action when their Bold Silvano colt Sun Lark went to Louis Goosen for R350,000.

Later on, Silvano colt Silver Stardust made the highest price of R800,000. He was consigned by Klipdrif Stud (as agent) and snapped up by Lynton Ryan.

Silvano was last week crowned South Africa’s Champion Sire for a fourth time.

Also making R800,000 was the unnamed lot 267, a Cheveley Stud-bred Dynasty colt from Mystic Spring. He is a grey full-brother to past graduate and Equus champion Bela-Bela and the champion male, Rabiya, and was bought by Kestorm Investments.

Bass Racing purchased the top-priced filly in the form of Tenacity (Lot 38). The latter, who was consigned by Varsfontein Stud, was knocked down for R450 000, with the filly being a daughter of Varsfontein Stud’s rising sire star Master Of My Fate, and a half-sister to Listed Swallow Stakes winner All At Once.

Skhwelemthini Investments were leading buyers at the 2019 National 2YO Sale, purchasing five two-year-olds for R2.365 million. Their tally included the Dynasty colt Victor Emmanuel (Lot 385) – a R700 000 buy from Wilgerbosdrift.

Klipdrif Stud, as agent, ended up as the leading vendors, with the Robertson-based farm selling 15 of their 20 lots offered for a gross amount of R3.655 million.

Soft Falling Rain was the top sire at the sale, with all of his 14 lots on offer selling for R2.74 million. His top lot was the Wilgerbosdrift consigned colt named Herecomestherain (Lot 46) who made R600 000.

Bloodstock South Africa’s Gary Grant was understandably upbeat after the sale, commenting, “I think it is safe to say that this sale was a resounding success. It gave vendors some hope in what can best be described as uncertain times in this industry. One of the most pleasing aspects of the sale was the significant part played by several newcomers to the racing industry.”

– Bloodstock SA