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.”
Continue reading Kentucky Equine Survey Releases Initial Findings
Lexington, KY, June 19, 2012 – The 2012 Kentucky Equine Survey moves into gear this month, as the USDA National Agricultural Statistics Service (NASS) prepares to send 15,000 surveys to horse owners across the Commonwealth of Kentucky.
The University of Kentucky (UK) and the Kentucky Horse Council (KHC) have partnered on this study, which is partially funded by a grant to KHC from the Kentucky Agriculture Development Fund (KADF). Both UK and KHC are currently soliciting matching funds from the industry, which are required for a portion of the KADF grant funds.
The purpose of the study, the first thorough one in thirty years, is to get an accurate inventory of all horses in the state by breed and use, and their economic impact of both direct farm impact and local community impact from shows, races and trail rides. Information relating to capital investments in the farm and farm equipment are also requested so that the full economic impact of the horse industry can be assessed.
Continue reading Kentucky’s Equine Study Moves into Gear
Lexington, KY, February 7, 2012 – The Kentucky Horse Council (KHC) today announced that it has pledged $25,000 to the Kentucky Equine Survey.
In November 2011, the University of Kentucky announced the plans for the Kentucky Equine Survey, in partnership with the Kentucky Horse Council. KHC was awarded a $200,000 grant from the Agriculture Development Funds for this survey, with a promise of another $100,000 in funds if the equine industry would match that $100,000 with an equal amount.
“This survey is of extreme importance to the future of our industry,” said Anna Zinkhon, President of the Kentucky Horse Council. “This will be the first comprehensive survey of Kentucky’s horses in 35 years. We need an accurate and detailed baseline to determine areas for industry growth. Our pledge is a commitment to this effort. The KHC Board hopes other groups/businesses will respond to this challenge pledge. All donations, no matter how large or small, are important steps toward this industry goal.”
Continue reading Kentucky Horse Council Pledges $25,000 to Kentucky Equine Survey