LEXINGTON, Ky. (Jan. 22, 2013) – Kentucky is home to 242,400 horses and the total value of the state’s equine and equine-related assets is estimated at $23.4 billion, according to the 2012 Kentucky Equine Survey.
The comprehensive statewide survey of all breeds of horses, ponies, donkeys and mules was the first such study since 1977. Conducted between June and October 2012 by the Kentucky field office of the National Agricultural Statistics Service, with support and assistance by the University of Kentucky College of Agriculture and the Kentucky Horse Council, the survey’s results identified 35,000 equine operations and 1.1 million acres devoted to equine use. The results are a snapshot of the 2011 calendar year.
“The value of Kentucky’s equine and equine-related assets, such as land and buildings, is significantly larger than other states for which we have data, and it serves to underscore that Kentucky is the Horse Capital of the World,” said Jill Stowe, UK associate professor in agricultural economics and project lead. “Upcoming economic impact analysis results will provide even more details regarding the importance of the industry to the state’s economy.”
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