LQHBA Sale Concludes with Big Gains

Two-day auction posts 29% increase in gross receipts.

StallioneSearch.com
August 10, 2013

LQHBA

In the words of longtime LQHBA Executive Director Laverne Perry, the 2013 LQHBA Yearling Sale completed on Saturday was the "best sale LQHBA has ever had."

The sale, which started 37 years ago with only 39 head, has grown to 523 head of state-bred yearlings in 2013. The two-day event held at the Coushatta Casino Resort in Kinder on Friday and Saturday (August 9-10) saw a 29% increase in gross receipts over last year.

LQHBA reported 367 yearlings sold for $3,810,450, compared to 335 yearlings sold in 2012 for $2,962,600. The average rose 17% to $10,383 in 2013 as compared to $8,844 last year. This year's median of $6,200 was up 9% over the $5,700 number a year ago.

"Due to the fact buyers now have the $1 million LQHBA Sale Futurity (RG1), as well as great purse money year-round and consistent racing days to run at in Louisiana, our yearlings are seeing an increase in prices," Perry said following the sale on Saturday. "Our yearlings can run anywhere."

The first day saw a record-breaking $150,000 Louisiana-bred yearling, Heza Secret Dash, sell to Flying G Racing from the Robicheaux Ranch Inc., agent, consignment. The Heza Fast Dash colt out of LQHBA Sale Futurity winner Devins Secret ($267,218) was originally reported as a repurchase, however, Flying G Racing bought out their partner on Hip 162.

The previous LQHBA high-seller was in 2007 when Pete Horton paid $100,000 for Signature Storm, a Heza Fast Dash colt from breeder Jo Baya Foreman.

Previously reported as the high-seller on the first day was Hip #85, JCM Catacorona, a full-brother to 2012 LQHBA Futurity (RG1) winner Open Me A Corona ($471,477). Mike and Mary Ellen Hickman paid a record-breaking $115,000 to Tate Farms, agent for Montgomery Equine Center, for the Coronas Leaving You colt out of In The Open, by Mr Eye Opener.

Saturday's high-seller, and third overall, was hip# 367 BBS Fast Dash, a Heza Fast Dash colt consigned by Oak Hill Farm, agent for Arnold J. Trahan. TM Ranch/R S Holland purchased the half-brother to Restricted Grade 2 winner BBS First Beduino ($348,613) for $70,000.

Mike and Mary Ellen Hickman led all sale buyers with two head totaling $155,000. Flying G Racing had the one purchase for $115,000, and Kenneth Roberts, agent, bought five yearlings for $132,500.

Robicheaux Ranch Inc., agent, led consignors and agents by gross with 18 head selling for $467,800. Glen Soileau sold 10 head for $183,400, and Tate Farms, agent for Montgomery Equine Center, had two yearlings sale for $141,000, while Oak Hill Farm, agent for Arnold J. Trahan, had four yearlings bring $141,000.

Heza Fast Dash led all sale sires, by average with two or more sold, with 45 yearlings for an average of $23,262. Game Patriot had 31 yearlings at a $21,042 average, and Coronas Leaving You saw 17 head average $18,388. First Louisiana-bred crop sire Captain Courage had nine yearlings average $14,156.

For a statistical summary of preliminary results, leading buyers and consignors, high sellers, leading sale sires and hip-by-hip results, CLICK HERE.

Final sale results will be posted on StallioneSearch.com once they are released from the LQHBA Sale Company next week.