At the conclusion of the August Sale on Thursday afternoon, Tattersalls Ireland General Manager Roger Casey said:
This year’s August Sale saw an extra day of lots catalogued compared to last year as a result of the large foal crops from 2007 and 2008. The market has contracted sharply since then; hence it was always going to be difficult to find buyers for the extra horses presented at this week sale. We felt it was of paramount importance to give vendors an outlet to showcase their horses.
We saw good demand for those horses that met the exacting requirements of the market and despite not having any six figure lots there were a number of good prices achieved over the first couple of days. It is plain to see the stock that does not measure up to the criteria required will struggle in the market. It was again encouraging to see several UK purchasers over the two days and to see so many Irish trainers, no doubt attracted by the lucrative €100,000 Tattersalls Ireland Sales Bumper run at Fairyhouse Easter Festival again next year.
We look forward to our November National Hunt Sale with renewed confidence after witnessing growth in all our Sales this year.