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New Mexico-Bred Sale at Ruidoso shows across-the-board increases


August 21, 2006     E-mail this page to a friend!

Ruidoso Downs, NM (August 20, 2006) – The Ruidoso New Mexico-Bred Thoroughbred and Quarter Horse Sale showed a 30-percent overall increase that was fueled by a 68-percent increase in the total sales of Quarter Horse yearlings.

The three-day sale on August 17-19 was highlighted by sessions of Quarter Horse yearlings and Thoroughbred yearlings, all New Mexico-bred offerings.

The overall figures showed a 30-percent increase in total sales over comparable 2005 figures. The total sales rose to $4,514,100 from $3,481,950 in 2005. This year, 396 horses sold while in 2005 there were 389 horses sold. The average price her horse increased 27 percent to $8,974 from $7,077.

Quarter Horses Lead The Increases
The sale’s Quarter Horse yearling section showed very strong increases with total sales up 68 percent and the average price rising 65 percent over comparable 2005 figures. Total Quarter Horse yearling sales reached $2,269,900, up from $1,365,900 in 2005. A total of 176 yearlings sold this year, compared to 167 yearlings sold in 2005.

The Quarter Horse yearling average price, without buybacks, was $10,161. This was up from $6,156 at the 2005 offering. The average, including buybacks, rose 61 percent to $10,509.

Mitzi Red Mercedes, a son of Dash Ta Fame and Mitzi Lee Dash, topped the Quarter Horse section at $160,000. He was consigned by MJ Farms and purchased by the partnership of Judy Covert and Nick and Molly Morris. Mitzi Lee Dash, a half sister to Grade 1 winner Dashin Dee Dee, is the dam of former Ruidoso Downs’ track-record holder and Lou Wooten Handicap winner Miranda Fame.
Dash Ta Fame sired three of the five high sellers and led all sires represented in the sale with total sales of $598,500 on his 28 offspring, an average of $21,375.

Thoroughbred Yearlings Show Gains
The Thoroughbred yearlings showed a six-percent increase in total sales with 147 yearlings sold, compared to 150 yearlings in 2005. With fewer yearlings producing higher gross sales, the average price for a Thoroughbred yearling, with repurchases, rose seven percent to $10,427 from $9,779.

Topping the Thoroughbred yearlings at $77,000 was the Chimes Band-Take Out The Trash filly named Diamonds N Bling. This is the first foal out of the stakes-placed Take Out The Trash, an earner of $141,329. This is the family of graded stakes winners Tango Charlie, Ramblin Guy and Ballroom Deputy. Diamonds N Bling was consigned by Double LL Farms and bought by Stan Fulton.

Chimes Band also sired the second high-seller at $75,000. The colt out of stakes winner Quickkey was also consigned by Double LL Farms and bought by Stan Fulton.

Select Quarter Horse Yearling Sale Next
The sales season at Ruidoso Downs continues with the summer’s premier offering of Quarter Horse yearlings in the Ruidoso Select Yearling Sale on Sept. 1-3, coinciding with the Grade, 1 $2,050,00 All American Futurity and the Grade 1, $389,908 All American Derby on Labor Day weekend.