Friday, January 30, 2015
Davis Motor Sales banner ad

Ky-Farm-Bureau-Logo2LOUISVILLE, Ky. (8/21/14) — The Kentucky State Fair's Grand Champion Ham is a hot commodity, earning a record-high $2 million charitable bid during Kentucky Farm Bureau's 51st annual Country Ham Breakfast and Auction.

After bidding against one another at the auction's opening and watching the prices climb higher and higher, Republic Bank & Trust Company paired with Hermitage Farms and Bridgeman Foods to present the record-shattering $2 million bid. The 15.89-pound Grand Champion Ham produced by Broadbent's B&B Foods of Kuttawa, Ky., was therefore worth approximately $125,865 per pound.

The previous record high was another joint bid of $1.6 million from Republic Bank & Trust Company and Dr. Mark Lynn & Associates in 2010.

"I'm proud to share this moment with the Bridgeman and Hermitage Farm folks," said Steve Trager of Republic Bank & Trust Company after the auction's conclusion. "It's two million dollars. Now we can do some really good things in the community, and that's what it's all about."

Nearly 1,600 people gathered for KFB's 51st annual Country Ham Breakfast and Auction in the South Wing of the Kentucky Exposition Center, and were witnesses to this monumental feat of charitable giving. Local, state and national elected officials spoke prior to the auction about current agricultural and political conditions in Kentucky and across the nation, but the event hit a fever pitch as the audience watched bidders duel in seven-figure amounts for the Grand Champion Ham.

Trager announced at the Ham Breakfast that the charitable donation from the Republic Bank & Trust Company would be steered towards institutes supporting health care and education. Wilson shared that his group's half of the winning bid would be split among a few different charities, including the West End School in Louisville.

"It was a wonderful opportunity to be able to double the ability to give to the community," concluded Steve Wilson of Hermitage Farms. "I think the ham is a wonderful symbol of the bounty of the agricultural products in Kentucky; a good symbol of charity and sharing food."

Although no goal amount is set for the ham's top bid each year, KFB has now helped raise more than $8.9 million for dozens of local charities, educational institutions and non-profit organizations through the 51-year history of the auction. All money raised through this auction is donated directly to the charity of the winning bidder's choice.

"It's a amazingly successful day when we can place the spotlight on Kentucky's deep agricultural roots and help bring about a multi-million dollar donation to local charities," said Joe Cain, KFB's commodity director and ham breakfast event coordinator.

The ham auction's humble beginnings, a respectable $124 winning bid at the first event in 1964, have grown exponentially in recent years. The average price of the auctioned ham over the last 10 years is now $739,000.

SurfKY News
Information provided by Dan Smaldone

© Copyright 2015 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story by using one of the social media links below.

In Other News...

UPDATED: Several Involved in Two-Vehicle Accident

MADISONVILLE, Ky. (1/28/15) — Multiple people were involved in a two-vehicle collision at about 10:30 a.m. this… Read More

Controlled Buy Results in Charges

CALDWELL COUNTY, Ky. (1/29/15) — According to a Pennyrile Narcotics Task Force report, on Jan. 28, 2015, the PNTF… Read More

Most Read This Week

January 28, 2015 16905

UPDATED: Several Involved in Two-Vehicle Accident

in Local (Hopkins) Top News by Doreen Dennis, SurfKY News
January 23, 2015 10092

Local Church's Faith Restored; 71 Souls Saved…

in Video by Gary Gates, SurfKY News
January 26, 2015 7140

KSP Arrests Two on Child Porn Charges; MPD…

in Top News For All Sites Touching Hopkins by Trooper Stu Recke
January 25, 2015 6964

Dean’s List Announced

in Top News For All Sites Touching Hopkins by Joyce Riggs
January 28, 2015 6341

Nortonville Man Accused of Meth Possession,…

in Local (Hopkins) Top News by Madisonville Police Department/Hopkins County Detention Center
January 23, 2015 6134

Parents Face Charges after Marijuana Joint Falls…

in Local (Hopkins) Top News by Madisonville Police Department/Hopkins County Jail
January 23, 2015 4914

Nortonville Woman Charged for Meth Possession

in Local (Hopkins) Top News by Hopkins County Sheriff's Office/Hopkins County Detention Center
January 26, 2015 4872

School Board Votes 3-2 for Utility Tax

in Local (Muhlenberg) Top News by Charles W. Riley II, SurfKY News

Most Read This Month

January 08, 2015 22016

Woman Claiming to be 'Lady Gaga' Tours Town in…

in Top News For All Sites by Madisonville Police Department
January 15, 2015 21694

UPDATE: Fatality Victim's Name Officially Released

in Top News For All Sites by Doreen Dennis, SurfKY News

Stories Trending Today

January 28, 2015 16905

UPDATED: Several Involved in Two-Vehicle Accident

in Local (Hopkins) Top News by Doreen Dennis, SurfKY News
January 28, 2015 6341

Nortonville Man Accused of Meth Possession,…

in Local (Hopkins) Top News by Madisonville Police Department/Hopkins County Detention Center
January 29, 2015 4610

Man Charged with Sexual Abuse of Child

in Local (Hopkins) Top News by Doreen Dennis, SurfKY News
January 28, 2015 4307

Tax Recall Committee Formed Day After School…

in Local (Muhlenberg) Top News by Charles W. Riley II, SurfKY News
January 28, 2015 2958

Madisonville Police Arrest Reports - Jan. 28, 2015

in Hopkins News by Madisonville Police Department
January 29, 2015 2823

UPDATE - Students Have until Jan. 31 to Enter…

in General News For All Sites by James R. Comer
January 27, 2015 2682

Whitfield Works to Combat Prescription Drug Abuse

in General News For All Sites by Marty Irby
January 28, 2015 2536

Muhlenberg District Court Fines Handed Down

in Local (Muhlenberg) Top News by Charles W. Riley II, SurfKY News
January 28, 2015 2276

Hopkins County Sheriff's Reports Released

in Hopkins News by Hopkins County Sheriff's Office
January 28, 2015 1754

Letter to the Editor - Month of Mentors

in Hopkins News by Mallory D. Johnson
January 28, 2015 1681

Kentucky Lottery Results for Tuesday Jan. 27, 2015

in General News For All Sites by Kentucky Lottery
January 28, 2015 1560

Old City Hall Space to be 'First United Bank…

in Local (Hopkins) Top News by Doreen Dennis, SurfKY News