Katsumi Yoshida’s US$8 million Kentucky spending spree
Northern Farm’s Katsumi Yoshida spent over US$8 million (1.2 billion yen) to secure five outstanding fillies and mares as the world’s biggest breeders splashed the cash at the Fasig-Tipton November Sale in Kentucky.
The global bloodstock boom has continued in Kentucky as over US$100 million was spent at the first of the major November breeding sales, hosted by Fasig-Tipton, including a significant investment from buyers from Japan.
Katsumi Yoshida has built one of the world’s best broodmare bands, scouring the globe for elite breeding prospects for Northern Farm and on Sunday night was at the forefront again with five purchases.
The respective weakness of the yen in terms of exchange rate with the US dollar made it a more expensive exercise than would have been preferred, but a typical determined Yoshida got the deals done.
At the top of his list was Grade 1 winner Kalypso, a daughter of Brody’s Cause, who he purchased for US$2.1 million through agent Shingo Hashimoto.
“We know that she was racing well and she had an outstanding racing career,” Hashimoto told reporters of the G1 La Brea Stakes winner. “We thought she was a very good candidate to bring to Japan. We’re very excited to have bought her. We will breed her, but we haven’t decided to keep her in the US or send her to Japan yet.
“We have a big list, but it’s going to be tough to buy,” he said. “It’s like 30 per cent that the exchange rate has been depreciated for the Japanese yen. So it’s tough, but we’ve got to deal with it.”
Grade 1 winner Kalypso to Japan’s Katsumi Yoshida @FasigTiptonCo November pic.twitter.com/XdqRRaTlSI
— Molly Rollins (@BH_MRollins) November 6, 2022
Undeterred, Hashimoto then signed for Beautiful Gift, the Grade 3-winning daughter of Medaglia D’Oro, who was offered in foal to champion sire Into Mischief, for US$2 million and paid US$1.85 million for G1 Test Stakes winner Bella Sofia.
Having early purchased Grade 2 winner Plum Ali for US$600,000, Yoshida and Hashimoto then rounded off their business with a successful $1.5 million bid for multiple Grade 1–winning mare Going To Vegas.
Teruya Yoshida’s Shadai Farm was also on the buyers’ list at the sale, paying US$1.1 million for Grade 1 winner Mucho Unusual and US$625,000 for Graded winner Sally’s Curlin, who was offered in foal to Uncle Mo.