Southern Downs stud sells two fillies at Magic Millions
UPDATE: RAHEEN Stud at Gladfield has sold two fillies on the first morning of the Magic Millions Yearling Sale at the Gold Coast for an average of $225,000.
The first was lot 23, a filly by All Too Hard out of Annamarie, and was purchased by Dermot Farrington from the United Kingdom for $250,000.
The second filly offered by the Nolan family from Raheen was bought by Moody Racing from Victoria for $200,000.
Only three owners from the Southern Downs have yearlings in the day 1 offering.
EARLIER: THE half-brother of champion mare Black Caviar will be in the spotlight while Darling Downs breeders will be looking for a continuation of last year's positive trends when the 2016 Magic Millions Gold Coast Yearling Sale begins today.
More than 1000 lots from the cream of Australia's thoroughbred studs have been entered for this year's sale launching at 10am.
The Book One sale featuring 746 lots runs over four days and finishes on Saturday night.
The Book Two sale will be held from 10am Sunday.
This year's sale includes the stock of first season sires All Too Hard and Pierro.
All Too Hard, the younger half brother of Black Caviar, has 47 first crop yearlings entered with Pierro represented by 41 lots.
Other stallions represented by their first crop includes former Peter Moody sprinter Golden Archer who stands at Warwick's Raheen Stud.
Raheen Stud manager Basil Nolan said interest from vendors had been high ahead of the auction sale.
"This is probably our biggest number showing yet at the Magic Millions," he said.
"There have been plenty of lookers and the response has been all positive."
Nolan has been a regular face at the Gold Coast event since its inception more than 30 years ago.
"It's great for Queensland," he said.
"We saw the potential and we've been coming every year since."
This year's sale will be held in the shadow of proposed Racing Queensland prize money cutbacks as vendors look to build on last year's Magic Millions market spike.
Studs with 10 or more lots entered include Darling Downs farms, Raheen Stud and Eureka Stud.
Canning Downs owner Joy Mackay has one colt and one filly up for sale this year.
"It's a reduced number for us this year," she said.
"Magic Millions is one of the premium sales in Australia.
"You have the top buyers from around the world here."
Last year's Day 1-4 statistics included an average price of $170,728 which was up on the previous year's $144,122 with the $130,000 median price up from $120,000.
The top-priced lot at last year's sale was a Sebring-Sister Madly colt which fetched $1.2 million.
Eureka's draft includes a half-sister to Queensland Oaks winner Tinto.
The chestnut filly is by Oaklands Stud stallion Sidereus out of Truly Brave.
Westbrook's Highgrove Stud has four lots entered this week.