42nd Annual Eastern Mid Winter Sale

An American Quarter Horse in winter.

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The 42nd Annual Eastern Mid Winter Sale was held January 29th at the Virginia Horse Center in Lexington, Virginia. One hundred and thirty animals were there. The sale consisted of a mix of quarter horse and paint horses of all age groups, and 1 donkey named Earl (which happens to be my husband’s name). At the end of the sale, 97 head (including Earl) were sold, with 33 “no sales”.

The high selling horse was a 2007 chestnut AQHA gelding, An Inviting Pleasure, who brought $7,500. His sire is Invitation Only, a five time AQHA Leading National Snaffle Bit Association (NSBA) Sire, who has  550 point earners with 46,897 Halter and Performance points. His dam, Chocolate Pleasures, a daughter of Zips Chocolate Chip, is the dam of Radiantly Radical (earner of 96 points and excess of $8,000 in NSBA). He is in the AQHA Incentive Fund.

The 97 head grossed $201,175, with an average sale price of $2,074 and a sale percentage of 75%. The Top 5 horses brought $30,800, for an average of $6,160.

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2011 Invitational Ranch Horse Sale

Quarter horse

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The 2011 Invitational Ranch Horse Sale was held January 16th at the Will Rogers Coliseum in Fort Worth, Texas. Held in conjunction with the 2011 Invitational Ranch Horse Show, the sale featured 13 outstanding AQHA ranch geldings. When it was all over, 12 of them had new homes.

The highest selling horse was WM Blasted Smart, a 2005 red roan, who brought $ 34,000. Raised by the Heart Ranch, “Frosty” is sired by Nitro Dual Doc, a son of Peptoboonsmal, and out of the Smart Little Lena daughter, Smart Little San. He is an all around ranch horse being used on the ranch in every capacity from doctoring, dragging calves, sorting and roping.

The 12 head sold for $170,000, with an average price of $14,167 and a sale percentage of 92%. The Top 6 (2 sold for $12,000) brought $121,000, for an average of $14,167.

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2011 AQHA Best of the Remuda Sale

The 2011 AQHA Best of the Remuda Sale was held January 15th at the Will Rogers Memorial Center in Fort Worth, Texas. Ten award winning ranches brought selected horses that best represented their unique breeding programs. Sixty-four horses from the 6666 Ranch, Bar B Ranch, Bogle LTD, Haythorn Land & Cattle Co., Haythorn Ranch, Moorehouse Ranch, R. A. Brown Ranch, Tule Ranch, W. H. Green Cattle Co., and the W. T. Waggoner Estate went through the sale ring, with 60 selling.

The high selling horse was Gins Fever, a 2008 buckskin mare, who brought $15,000. Bred by the 6666 Ranch, she is sired by Playboys Buck Fever, a son of Freckles Playboy. Her dam is Gins Last, a daughter of  Tanquery Gin. Her sire earned more than $62,000 in reined cow horse events and has been a leading reined cow horse sire for 4 consecutive years, with only 10 foals to show. Her dam is a full sister to the AQHA’s first Versatility Ranch World Champion, Sixes Pick.

The 60 horses selling netted $214,700, with an average price of $3,578 and a sale percentage of 94%. The Top 6 sellers (2 sold for the same price) brought $63,800, for an average of $10,633.

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A light at the end of a long dark tunnel?

 Instead of posting sale results today, I’ve decided to post some good news from Professional Auctions Services, Inc. This seems to indicate that the market is beginning to inch upward, pulled by the upper end horses.

Here is their Press Release from February 2, 2011:

Professional Auction Services, Inc. Announces that 2010 Average Price is Highest in Company’s 32 Year History

Professional Auction Services, Inc. announced that the average price for all horses sold in 2010 reached a record level. The 1,556 horses that sold to new owners averaged $4,590, up 5% from 2009. The new record bested the old mark of $4,498 set in 1999.

The average was boosted by a record number of horses sold for $100,000 or more in 2010 led by Congress Super Sale High Seller, Huntin For Chocolate, at  $300,000. Huntin For Chocolate was sold pursuant to a court approved settlement to Darol and Karen Rodrock’s Rodrock Ranches. He will stand at Amy Gumz’s in Kentucky.

Three other horses hit the $100,000 level. The co-high sellers at the World Championship Show Sale were both yearlings sold by the Schroeder Ranch. Hot Lady Born Lopin, a filly by Blazing Hot out of  Born Lopin sold for $100,000 to Gary and Susan Dempze’s Red Berry Ranch. A yearling colt by Born To Be Blazing out of Miss Surely Bars also sold for $100,000 to Rolling pastures Horse Ranch, LLC.

The other horse on the list is NRCHA Snaffle Bit Futurity Sale High Seller Savannahboonsmal at $125,000. The tw0 year old daughter of Peptoboonsmal is out of Savannah Hickory, dam of the 2009 NRCHA Snaffle Bit Futurity Champion Raymanator. Savannaahboonsmal is also a full sister to a 2009 NCHA Open Futurity Finalist. She was sold by GS Cutting Horses, LLC to Circle Y Ranch.

The number of horses cataloged dropped by 13% to 2,3652. Gross Sales dropped by 10% and the Median Price fell by 4%. “The statistics show that the upper end of the horse market is very strong,” said Tim Jennings of Professional Auction Services, Inc.

Leading 2010 PAS Auctions by Average Price    

$6,709 Average Price – The AQHA World Championship Show Sale

$7,901 Average Price – The All-American Quarter Horse Congress Super Sale

$7,965 Average Price – The NRCHA Snaffle Bit Futurity Sale

$9,020 Average Price – The American Hunter Pony Classic with the USEF National Pony Finals

$14,830 Average Price – The Sport Horse Auction with Dressage at Lexington

NCHA Futurity Sales 2010 – Summary

Held from December 3rd to December 11th at the Will Rogers Equestrian Center in Fort Worth, Texas, the 2010 NCHA Futurity Sales Saw 984 horses of all ages pass through the sale ring. Out of these 984, 192 did not reach their reserve price.

Seven hundred and ninety-two horses sold for a net sales of $11,331,931. The sale average was $14,308 with an overall sale percentage of $80%.

The Top 5 sellers brought $802,000, with an average price of $160,400.

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NCHA Futurity Sales 2010 – Preferred Breeders Session

Chestnut Quarter Horse

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The NCHA Preferred Breeders was held in the John Justin Sale Arena at the Will Rogers Equestrian Center. The sale, which was held over 3 days (December 9th to December 11th), featured 362 head, with 37 not reaching their reserve price.

The high seller was Shes Icing Onthe Cat, a 2003 chestnut mare, who brought $210,000. Sired by High Brow Cat and out of the Smart Little Lena daughter Smart Lucinda Lena, Shes Icing Onthe Cat has earned $249,884 (NCHA $247,116). She sells bred to One Time Pepto, and with 2 embryos by Dual Rey, due in 2011.

The 325 horses that sold netted $3,652,025, with an average price of $11,237 and a sale percentage of 90%. The Top 5 sellers brought $507,000, for an average of $101,400.

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NCHA Futurity Sales 2010 – Western Bloodstock Invitational Mare Sale

Buckskin mare with palomino colt. The colt, na...

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Held on December 10th in the John Justin Sale Arena at the Will Rogers Equestrian Center, the Western Bloodstock Invitational Mare Sale featured 38 select mares. Thirty-one were sold, with 7 not reaching their reserve price.

The high selling mare was Jazzys Pep Talk, a 2001 red roan mare, who brought $215,000. By Peptoboonsmal and out of the Dry Doc daughter Jazzy Dry, Jazzys Pep Talk is an NCHA World Champion Mare and an earner of $146,931. She is bred to Dual Rey and sells with an embryo conceived March 29, 2010 by High Brow Cat and due in 2011.

The 31 mares sold netted $1,336,255, with an average price of $43,105 and a sale percentage of 82%. The Top 5 sellers brought $563,000, for an average of $112,600.

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