Triangle Mid-Winter Sale Braves Bad Weather
Triangle Sales trudges on with improved prices over last year and offers consignors affected by the conditions a slot at the next sale.
March 11, 2015
From Triangle Sales
Triangle Sales didn’t let bad weather dampen their spirits and pushed through the winter storm to hold their Mid-Winter Sale February 27-28.
Although 20 percent of the total horses cataloged were withdrawn because road conditions didn’t allow some consignors to make it to the Shawnee, Oklahoma, auction site, 82 percent of the horses passing through the ring were sold, and the average sale price for all horses was $5,500. The average increased 42 percent compared to Triangle’s overall average at the 2014 Mid-Winter Sale and equated to an even larger increase than the record-breaking 2015 Winter Sale, which had a 35 percent increase compared to the prior year.
Buyers came from three foreign countries – Mexico, Columbia, Egypt – and 19 states with Oklahoma and Texas showing the strongest support predictably because of the weather.
“The conditions were about as tough as I’ve ever sold in,” said Jim Ware, who purchased Triangle Sales last fall. “I’ve sold a lot of horses in a lot of conditions with tents blowing down and skating in on ice a lot of times in Fort Worth, but I’ve never had one quite this rough. Having Superior Livestock handle bids and sales over the web accommodated those buyers who were unable to travel and weather is one of the reasons why we do that. We had a good sale in spite of it all.”
Jerry and Diana Cunningham’s Catto Boy topped the sale with a bid of $28,500 from Andy Olson. DLH BN A Cat, who was consigned by Burke Sullivant and the second-highest seller, was purchased by Perry Corder for $25,000.
The top five sellers averaged $23,940, the top 10 averaged $21,440, the top 20 averaged $17,780, and the top 50 averaged $12,025.
“This market amazes me,” Ware said following the sale. “I knew it was good, but it’s even better than I imagined. It’s simply the best market in the United States, outside of a few that specialize in horses of one discipline. We target the marketing sources for our product with promotion like no other sale in the nation, and we offer many features that set us apart from competitors yet we charge reasonable fees that are less or comparable to our competitors. We are the No. 1 source for America’s Horse!”
To assist the valuable consignors that were unable to make it to the sale due to the weather or those consignors that “passed out” a horse in the sale, Triangle Sales is offering a free entry in the Spring Sale in May. This offer is good for the original consignment or a substitute horse.
“We will waive the consignment fee for the May sale for anyone that couldn’t get there because of the weather,” Ware said. “They will get a free entry in the May sale whether it’s for that same horse or another horse, it doesn’t matter, we’re going to accommodate them.”
Triangle Sales announced in January that the Mid-Winter Sale, which is usually held in February, would be discontinued after the 2015 edition and the February and May sales would be combined in 2016.
The next sale, the Triangle Spring Sale, will be held May 1-3, and buyers can expect the same type of consignments as in previous sales but with the introduction of the first spring mare market, first ranch sorting spectacular and first Future Fortunes barrel session.
For more information about upcoming sale dates, visit www.trihorse.com or www.jimware.net.