Top Horse Sells for $40,000 at Waverly Midwest Auction

The five-day auction drew up to 6,000 people and saw steady prices throughout the event

WAVERLY, IOWA (RFD NEWS) — The Waverly Midwest Horse Auction wrapped up after a busy five-day run, bringing in thousands of attendees and showcasing hundreds of horses.

The event featured around 800 horses, including more than 300 high-quality draft cross horses.

RFD News caught up with Leon Martin, owner and president of Waverly Sales Company, who discussed on Monday’s Market Day Report how the event went and the future of the auction show.

“A lot of those cross-bred, top-end horses [were sold] in the $30,000 to $38,000 range,” Martin said. “We sold some ponies in the $12,000 to $15,000 range—just a really solid market.”

Martin said attendance was strong, estimating between 5,000 and 6,000 people over the course of the event. The top-selling horse, a Gypsy gelding, brought in $40,000.

With the spring sale now complete, Martin says planning is already underway for the next auction.

“It’s a lot of behind-the-scenes work, but it takes everybody,” he said. “It takes good consignors and good buyers as well.”

The event is held twice a year, with the next sale scheduled for October.

Related Stories
“The last I heard they were at capacity at Los Angeles Equestrian Center, and I think that’s about 280 to 300 horses that have been placed there.”
“The regulations... set up a very complicated set of rules for both horse owners and event managers.”
RanchHER Host Janie Johnson goes behind the scenes with NRCHA Champion and Idaho Rancher Carmen Buckingham as she trains and raises cattle at her idyllic ranch.
RanchHER Sarah Kieckhefer joined the Market Day Report on Tuesday morning to discuss the new episode of the show featuring her, which premieres tonight only on RFD-TV.
Janie joined Suzanne Alexander on RFD-TV’s Market Day Report to discuss the mid-season premiere of RanchHER. She also shared some exciting personal news that has deepened her respect for the powerful female ranchers featured on the show.

Rural Lifestyle & Entertainment Shows
Experts from the University of Nebraska Medical Center discuss health and how it impacts farmers, ranchers, and rural Americans on this special LIVE call-in show.
Follow Aumann Auctions coast to coast on a road trip adventure! Each episode of “Old Iron Adventures” highlights the challenges of hosting an auction. Plus, get behind-the-scenes looks, history lessons & meet a cast of very interesting characters along the way!
Mecum delivers the auction action to tractor fans everywhere, offering an unparalleled array of vintage and collectible tractors ranging from entry-level collector tractors that sell for a few thousand dollars to high-end, ultra-rare machines!
Richard “Red” Skelton, reigned as the virtual King of TV Variety Show Comedy throughout the 1950s and 1960s. Airing for a total of of 20 seasons, from 1951 through 1971, Red’s hilarious facial contortions and colorful cast of boneheaded personas – including indept Sheriff Deadeye, inebriated boxer Cauliflower McPugg, hillbilly Clem Kadiddlehopper, and hobo Freddie the Freeloader – kept a whole generation of Americans in stitches during the earliest decades of television. Memorable guest stars included John Wayne, Phyllis Diller, Mickey Rooney, Audrey Meadows, Michael Landon, and many more.
“Green Acres” meets “Home Improvement” in this refreshing, informative unscripted lifestyle series depicting the hilarious adventures of a suburban family gone rural.