The first day of the New Zealand Premier Yearling Sale saw the Christian Cullen – Mainland Reign colt King Cullens Reign earn the highest bid of the day at $100,000.

With 195 yearlings entering the ring, the average sale price was $25,321 with a 76.5 per cent clearance rate.

The Premier sale will continue on February 17 and 18 at the Canterbury Agricultural Park in Wigram, Christchurch.

Catalogues and live streaming of the sales can be found at saleofthestars.com.

Click here to view the results.