Keeneland Thoroughbred Sale Suffers More Setbacks

The marketplace continued to take a pounding from negative economic forces outside the Thoroughbred industry during the third day of the Keeneland November breeding stock sale in Lexington. Compared to 2007, the Nov. 5 session was down 42.1% in gross revenue, 33.3% in average price, and 36.5% in median price. The buy-back rate soared from 20.9% last year to 28.2% this year.

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