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Survey Shows Horse Industry has $3 Billion Economic Impact on State

horses parkLEXINGTON, Ky (9/6/2012)—Today marked the release of the first comprehensive statewide survey of all breeds of horses, ponies, donkeys and mules for Kentucky since 1977.

“The College of Agriculture, Food and Environment is proud of this project because first and foremost, it represents the best available methods of surveying the universities and government can provide,” said Nancy Cox, Associate Dean for research in UK’s College of Agriculture, Food and Environment. “But the most compelling aspect of this survey is that out future policy discussions can be guided by solid numbers.”
 
The key findings of this survey were that Kentucky is home to 242,400 horses and there are 35,000 equine operations across the state. There are 1.1 million acres in Kentucky that are devoted to equine use, and the total value of the state’s equine and equine-related assets are estimated at $23.4 billion.

“The data from this study will benefit the state in many ways. We have already made use of the results at two regional horsemen’s caucuses held in areas with identified concentrations of equine populations,” said Anne Zinkohon, Kentucky Horse Council Board president. “We are looking forward to at least three additional regional horsemen’s caucuses based on this data in 2014.”

Other information found within the survey was the economic impact, inventory results, and equine operational employment. According to the survey, Fayette County was ranked first out of ten other counties in Kentucky with equine acres of 89,000. Last year alone Kentucky’s equine industry had a total economic impact of almost $3 billion and generated 40,665 jobs

For a full look at the 2012 Kentucky Equine Survey go to http://equine.ca.uky.edu/kyequinesurvey.

Bonnie Dailey
SurfKY News

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