I’ve just completed writing this year’s analyses of all three Karaka sales and, apart from my initial reaction expressed in my previous article, this year’s offering has another surprise.
My reading of the industry as a whole is that, by and large, times are tough. It’s not easy for trainers to make a dollar and we can all remember the disaster for breeders that last year’s Festival Sale was. It was virtually impossible for fillies to produce an acceptable return and, in extreme cases, females with perfectly acceptable pedigrees were given away rather than being taken home after failing to attract a bid. As a result of the carnage, I would have expected this year’s Festival Sale to be distinctly short of fillies with any quality at all on the pedigree page. If you had bred a nice animal, not quite fashionably enough bred to make the Select, surely you’d just keep it or lease it rather than going to the expense of a yearling prep.
Well, I was wrong. This year’s Festival Sale has five fillies I’ve rated as A+, whereas in some years the total has been zero. There are 13 rated as A’s, and 15 more as B+. In fact, the standard of filly pedigrees appears to comfortably exceed that of the colts. Whether the strength of the filly catalogue reflects breeders’ natural optimism and confidence in the market or a desperation to dump unwanted yearlings, time will tell, but I have a strong suspicion that buyers will be going home very happy indeed.
It is also worth saying that this year’s catalogues contain the progeny of some very impressive first-season stallions. Ocean Park must have a huge chance of making it as a stallion and it’s also hard to see the brilliant Super Easy being a flop. Reliable Man has had every opportunity and my two favourites, He’s Remarkable and Highly Recommended, provide lots which appeal very strongly indeed. Power was an impressive racehorse with the benefit of the Cambridge Stud broodmare band behind him, Rock ‘n’ Pop ticks every box there is and Niagara has left some stunning weanlings.
All in all, it’s going to be a very interesting few days.
As always, please get in touch if you’d like an opinion on any of the 1378 lots catalogued.