“THIS is a day that has performed in the sales ring and on the track over the last two years, so it is a little disappointing that it has been unable to at least match last year’s figures.

“However we would suggest that today’s trade is perhaps symptomatic of the market in general over the last few months as the best are selling very well, as we saw over the last two days, but there is increasing selectivity as the foal crops grow again, which is clearly illustrated by the fall in the clearance rate.”