Archive for September, 2012

Double digit average increase at Keeneland Sale

Friday, September 21st, 2012

Keeneland’s Yearling Sale concluded today with a 14% increase from a $76,511 cumulative average in 2011 to this year’s $87,354.

“This was an extraordinary sale that was driven by the sheer number of people who attended and the high volume of trade they generated,” said Walt Robertson, Keeneland’s Vice President of Sales. “There were a number of new faces as well as longtime clients, and we welcomed many returning buyers. The interest level was unlike anything we’ve experienced in recent memory.”

Gross receipts for the 11-day sale, conducted September 10-21, totaled $219,781,500, for 2,516 horses. The RNA rate decreased by double-digits during six of the sale’s 11 sessions, falling to unprecedented single digits during each of the final three days of the sale.

“It continues to be a highly competitive, highly selective market,” Robertson said. “In many cases, horses far exceeded their reserves, which meant there were several underbidders who then bought other horses to fill their orders. And while there were fewer horses who failed to meet their reserve, there was active trade in the RNA market as those horses were sold privately.”

Keeneland officials noted that buyers were out in force well into the final days of the sale, and there was greater participation during the second week this year compared to 2011.

“The high volume of trade was accomplished despite the fact that three of last year’s top five buyers were not major players at this year’s sale,” said Geoffrey Russell, Keeneland Director of Sales. “While obviously we missed them, the September Sale is so big and so strong that other buyers stepped up and absorbed their absence. The majority of international buyers attend only one American sale each year, and that is the September Yearling Sale.”

‘It’s been a really solid sale because the clearance rate was higher than it’s been in a long time, and there seemed to be good depth in the middle and lower ends,” said Eaton Sales’ Reiley McDonald.

Consignor Beau Lane, who sold 17 yearlings for $1,379,000, concurred. “It’s the first time (since the 2008 financial crisis) that I’ve seen this kind of interest and activity,” he said. “People are really pushing to get what they want. It all goes back to supply and demand..”

Seven yearlings brought $1 million or more compared to six in 2011. A colt by Distorted Humor out of Grade 1 winner Mushka brought $1.65 million as the sale’s highest-priced yearling. The colt was one of 17 yearlings purchased for a total of $8,250,000 by Sheikh Hamdan bin Rashid al Maktoum’s Shadwell Estate Company Ltd., the sale’s leading buyer.

Demi O’Byrne, on behalf of the Coolmore partnership of John Magnier, Derrick Smith and Michael Tabor, paid the sale’s second-highest price of $1.55 million for a colt by Bernardini. Out of the Carson City mare Wilshewed, the colt is a half-brother to Grade 1 stakes winner Stormello and 2012 Del Mar Derby (G2) winner My Best Brother.

A half-sister to Grade 1 winner Bodemeister was the sale’s top-priced filly, selling for $1.3 million to Donato Lanni, as agent for John Sikura and Bruce Lunsford.

2012 Wyoming Futurity

Monday, September 17th, 2012

2012 CHA of Nebraska Futurity

Monday, September 17th, 2012

Marvine Ranch Comes Full Circle with sale

Tuesday, September 11th, 2012

Jon Winkelried and Cherry Chex Dually

The Marvine Ranch Reduction Sale to be held on October 20, at the ranch in Aledo, Tex., promises to be a major event in this year’s – perhaps this decade’s – cutting horse world.

It was the 2004 NCHA Futurity that launched Marvine Ranch owners Jon and Abby Winkelried into the world of high profile cutting competition. Spots Hot won the Futurity that year and Quintan Blue was reserve champion. Within two years of that Futurity, the Winkelrieds would own Quintan Blue, along with a stellar stable of broodmares and show horses.

Since 2006, Marvine Ranch horses have won 22 major limited age event championships and four major reserve championships. In the same time frame, the Winkelrieds moved from the East Coast, where now retired Jon had been co-president of Goldman Sachs, to Aledo,Texas, 24 miles west of Fort Worth. The original Marvine Ranch is an historic cow-calf operation in Meeker, Colorado that the Winkelrieds purchased in 2000, but they built the stunning Aledo ranch from the ground up.

“We enjoy the whole cutting experience, but showing is the part that we enjoy the most,” said Jon Winkelried. “Our Texas ranch is designed and built to function as a cutting horse training facility. That is the purpose of it and where we spend most of our time now.”

Abby grew up riding horses, while Jon was an adult before he climbed into a saddle. They both enjoyed riding ranch horses in Meeker, but when Ed Buchanan from Wyoming stopped by in 2004 and put them on two of his cutting horses, they were hooked. Staraleno, a Grays Starlight daughter and an NCHA Futurity finalist producer, was one of their first purchases. Not long after, Sassy Shorty, by Shorty Lena, along with I Sho Spensive, by Freckles Fancy Twist, joined the fledgling Marvine Ranch broodmare band, and Sues Barn Cat, by High Brow Cat, became part of their show string.

In December 2005, the Winkelrieds purchased Miss Martini Play, the dam of Copaspepto, who would win five major limited age events at four and be named 2007 NCHA Horse of the Year. Marvine Ranch has bred two major earners from Miss Martini Play, including Stylish Martini, champion of the 2011 NCHA Derby under Roger Wagner.

Marvine Ranch sold Miss Martini Play and Sues Barn Cat privately to Susan Marchant, Queensland, Australia, earlier this year. Marchant also owns 2010 NCHA Futurity champion One Time Royalty, who she purchased from Matthews Cutting Horses in 2011. Staraleno was sold privately to Penny Youngblood, Circle Y Ranch, who earlier this year also purchased NCHA Horse of the Year Boon San Kitty and her full sister, RW Sallycat, from Alice Walton’s Rocking W Ranch.

Roger Wagner became an integral member of the Marvine Ranch team in January 2010, shortly after Jim Vangilder dispersed his Rock Creek horses. It was Wagner who had trained and showed Quintan Blue for Vangilder and would continue to show her for the Winkelrieds.

In 2007, Jon Winkelried showed Quintan Blue, who by then was the earner of nearly $590,000, to win amateur championship titles of the Breeders Invitational Classic and the Memphis Futurity Classic. On October 20, 11-year-old Quintan Blue will go under the auctioneer’s hammer in the Marvine Ranch Reduction Sale. She sells with her embryo by Smooth As A Cat, while her 6-year-old daughter, Dualin Blue, a major open finalist and the earner of $36,212, as well as her 3-year-old colt Blu Ray, paid into the NCHA Futurity, sell separately.

“Managing a very full program requires a lot of time and intensity. In our case that included a broodmare program; the management of young horses as they approach training age; and the training process for two and three-year-olds, as well as show horses. Earlier this year, we took stock and decided it would be more enjoyable for us and therefore more sustainable, if we downsized so that we are managing our program and it is not managing us. Our focus going forward will be to have great horses that we can compete on as non-pros and amateurs rather than on showing open horses.”

“These have been emotional decisions. We’ve gotten attached to these horses in a lot of ways,” said Winkelried. ” For me, Cherry Chex Dually was a horse I had as much fun on as I had on Quintan Blue.”

The Winkelrieds purchased Cherry Chex Dually in 2007, as a 3-year-old. The Hes A Peptospoonful daughter won over $253,000 under her trainer, Eddie Flynn, and captured the amateur championship for Winkelried in the 2010 NCHA Classic Challenge, as well as in the 2010 Brazos Bash, where Jon scored 226 points with her and Flynn won the open.

The Winkelried’s program comes full circle with Cherry Chex Dually’s 2012 colt, who was sired by Spots Hot. The colt also sells in the Marvine Ranch Reduction Sale, as does Cherry Chex Dually with an embryo by WR This Cats Smart.

“Despite the fact that we are not going to have a broodmare band going forward, we have learned a lot from being breeders,” Winkelried noted. “Every part of the process is incremental and we are a lot smarter coming out of it.

“Although we are not going to have an ongoing broodmare operation, we will still try to get some foals from our show horses through embryo transfer and have a nucleus of from three to five foals each year. But we will sell our show horses at the end of their six-year-old season, which will be a great opportunity for someone who wants a weekend horse or a broodmare prospect, and we will also scout around and look for prospects to add to our program that other people have bred.

“Our objective is to have great limited age event horses that we can compete on and that is going to be our focus going forward.”

For information, including a catalog of horses for the Marvine Ranch Reduction Sale, go to www.westernbloodstock.com.

2012 Idaho Futurity

Wednesday, September 5th, 2012

2012 Mercuria NCHA World Series – Idaho

Wednesday, September 5th, 2012

Dont Look Twice takes 7th World Series win

Wednesday, September 5th, 2012

Dont Look Twice, pictured at the 2011 Mercuria NCHA World Finals.

Dont Look Twice, the richest cutting horse mare of all time, claimed her seventh Mercuria NCHA World Series of Cutting victory September 2 at the Idaho CHA Futurity in Nampa. Ridden by Phil Rapp for Louis and Corliss Baldwin’s Waco Bend Ranch, Dont Look Twice marked 229 for a three-point win over Morgan Cromer on Brinkman Ranch’s Cats Full Moon.

It was the second year in a row that Dont Look Twice has won the Mercuria event at the Idaho Futurity. Her other wins in the prestigious series were at the Houston Livestock Show & Rodeo and the Battle in the Saddle in 2011, and the Augusta Futurity, San Antonio Stock Show & Rodeo and Houston this year. No other horse has won more than two Open finals in the Mercuria NCHA World Series.

Dont Look Twice, a 7-year-old bred by Phil and Mary Ann Rapp by High Brow Cat out of Tapt Twice, has earned nearly $700,000, and she has a sizable lead in the 2012 NCHA World Standings.

Brandon Dufurrena won his second Mercuria Non-Pro title on Miss Ella Rey. He had previously won at Houston on the 7-year-old Dual Rey mare, which was bred by LKC Ranch.

At Idaho, Dufurrena marked 226 to win by four points over Ray Baldwin on Mylanta Lano.