Saturday 21 March 2020

Thoroughbred horse sales plummet amid coronavirus fears

Thoroughbred horses are the latest asset to take a hit from the weakening global economy. Sales were down by nearly every major metric at day one of Ocala Breeders’ Sales Company’s two-day March auction of horses this week, according to Bloomberg. Overall sales totaled $13 million, nearly half of what they were last year. The priciest sale was just $650,000 — down 68 percent from the $2 million highest sale last year and the average



source https://therealdeal.com/2020/03/21/thoroughbred-horse-sales-plummet-amid-coronavirus-fears/

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