In the first three sessions of the Keeneland September Yearling Sale the total gross has fallen by over $50 million – that’s not a misprint, that’s $50 – FIVE-OH – million!

No reason to think that the Virginia-breds would be immune to the soft market, and, so far, they haven’t been.

On Tuesday, seven Va-breds were cataloged. Four of those bred by Edward P. Evans were withdrawn. Two were not sold. Only one — #361, a filly by Ghostzapper, out of Jungle Queen (bred by Audley Farm, Inc.) was listed as sold for $290,000.

Things were a bit better on Wednesday when six were cataloged. Two were withdrawn and four were listed as sold:

#471 B.F. More Than Ready – Should Excell, Bill Rieghtler, Agent (Bred by James S. Carter, Randleston Farm) — $45,000, Rabbah Bloodstock Ltd.

#496 GR/RO.F. Bernardini – Storm Minstrel, Lane’s End, Agent (Bred by Edward P. Evans) — $120,000, Mike G. Rutherford, Agent

#504 B.F. Mineshaft – Tap Dance, Lane’s End, Agent (Bred by Edward P. Evans) — Out

#571 GR/RO.C. Speightstown – Bedtime for Jr., Dromoland Farm Inc., Agent II (Bred by Ladio Olivia at Northcliff) — $165,000, Gerard Kerin

#608 DB/BR.C. Tiznow – Cheers and Tears, Woods Edge Farm (Peter O’Callaghan), Agent (Bred by Morgan’s Ford Farm) — $100,000, Toyomitsu Hirai

#766 B.C. Arch – Moonlight Cruise, Woods Edge Farm (Peter O’Callaghan), Agent (Bred Lazy Lane Farms) — Out

Another 10 go on the block today.