Home Auctions Online sales keeping heads above the waterline!

Online sales keeping heads above the waterline!

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Explosion W – son of third-ranked auction stallion Chacco-Blue, under the saddle of Ben Maher (GBR)

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By Aurélie Covini

In the complex context of the Covid-19 virus, which is impacting events in all countries, auctions, unlike major competitions, are able to survive due to online sales with photos and videos on websites. This report and tables covers the period January 1 - April 25, 2020, including 248 dressage horses and 522 jumpers, totalling 770 sold.

Indoor sales have been canceled and replaced by online auctions by studbooks such as in Holstein, Westfalia, and Oldenburg. The same decision was taken for the Asian Horse Week sale (canceled in February), and for various auctions in the Netherlands.
The number of horses sold at the start of this year is thus increasing: 570 horses sold in the first quarter of 2020 against 418 last year over the same period and, therefore, a close return to the volume of transactions of 2017.
On the breeding side, the market remains well supported financially, with many foals and embryos passing the €20,000 mark. Specifically, of 80 embryo foals out of 161 sold, half have passed the €15,000 mark, while 44 sold for more than €20,000. The genetic level of embryos and foals offered at the start of the year is very high and the market is not weakening. However, we have noticed a stabilization in average prices, perhaps a sign that the market is being structured. The multiplication of sales makes it possible to find scales of value, even if sometimes two identical embryos can be sold, one for €19,000 in one sale and the other €14,000 elsewhere. This also indicates that the client portfolio of sales organizers remains important. At the end of last year, we had to record the sale of three times more foals to see this level of sales overall.

The Chacco-Blue madness continues

Out of the 15 best prices obtained for foals or embryos, one-third came from this stallion. The best price was obtained by an embryo from the auction by Arqana whose catalogue stated: Proposed embryo, the foal, a male by Conet du Lys was born a few days before the sale. Sold for €42,000, he is a son of the famous Elektra van’t Roosakker, further demonstrating the strong interest of buyers in the damline of Usha van’t Roosakker.
If we look at the multiple offspring of this family and the volume of actual winners at the 1m60 level, such as the grey Cella (Ben Maher), it’s not the highest proportion, but commercially speaking, there is no doubt that it represents an attractive source of income for those who breed with this family.
The Arqana auction, Ekestrian, ET-Auction sales and also the Flanders foals auctions organized in different countries also achieved good sales of embryos. In total in these various sales, 10 offspring passed the €30,000 mark... To read the complete article you need to be a subscriber

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