Plenty of pleasure horses among Kentucky’s equines – survey
Kentucky may hold upwardly the powerhouse of the American thoroughbred industry, but the most mutual role for horses inward the country is pleasance as well as trail-riding, a major survey reveals.
While the 79,500 pleasure-riding horses comfortably outnumber the broodmare as well as racing stock, the survey reveals the large economical contribution of the racing as well as breeding manufacture to the state.
Overall, Kentucky’s equine manufacture had an economical affect of almost $US3 billion as well as generated 40,665 jobs in conclusion year, according to the 2012 Kentucky Equine Survey.
Its revenue enhancement contribution to Kentucky was most $US134 million.
According to Jill Stowe, University of Kentucky silver Equine programs manager as well as projection lead, the total economical affect is measured past times the output number as well as is an jurist of revenues earned past times the sale of goods as well as services related to the equine manufacture as well as its interconnected industries.
The study showed that the value-added effect, which is perchance a to a greater extent than descriptive stair out of economical affect because it accounts for costs of production, has an estimated economical affect of $US1.4 billion. The value-added number is a stair out of profitability as well as novel income paid to workers rather than only revenue.
The survey is a comprehensive statewide survey of all breeds of horses, ponies, donkeys as well as mules.
It was the start such wide-ranging study of Kentucky’s equine manufacture since 1977 as well as the first-ever detailed economical affect study most Kentucky’s equine industry.
“The estimates underscore the continued significance of the equine manufacture to the Commonwealth, as well as they demo that each segment of the manufacture contributes inward of import ways to the economic scheme equally good equally to the rich cultural stuff of Kentucky,” said Stowe, who is besides associate professor inward agricultural economics.
When looking to a greater extent than specifically at each sector’s estimated impact, breeding had the highest work figure of 16,198, an output of $US710 i grand one thousand as well as a value-added affect of $US333 million.
Racing had the highest output affect at $US1.28 billion, amongst a figure of 6,251 inward work as well as $US601 i grand one thousand inward value-added impact.
Competition figures included 2708 inward employment, $US635 i grand one thousand inward output as well as $US297 i grand one thousand inward value-added impact.
Recreation had 594 inward employment, $US166 i grand one thousand inward output as well as $US78 i grand one thousand inward value-added impact.
The “other” category, which accounts for operations such equally therapeutic riding facilities as well as those where horses are used for work, had an work figure of 14,914, a $US194 i grand one thousand output as well as a $US91 i grand one thousand value-added impact.
Nancy Cox, associate dean for enquiry inward the university’s College of Agriculture, Food as well as Environment, said: “The most compelling aspect of this study is that our hereafter policy discussions tin sack hold upwardly guided past times venture numbers.
“We give cheers the Kentucky Horse Council as well as the Kentucky Agricultural Development Board equally good equally our numerous donors, for recognizing how much the Horse Capital of the World needs a audio foundation for policy decisions.”
The start stage of the study was released inward Jan as well as measured Kentucky’s equine as well as property inventory.
That component division of the study constitute that the country is habitation to 242,400 horses as well as the total value of Kentucky’s equine as well as equine-related assets is estimated at $US23.4 billion. The survey’s results identified 35,000 equine operations as well as 1.1 i grand one thousand acres devoted to equine use.
Also from the inventory component division of the study, the total of all equine-related sales as well as income for equine operations was most $US1.1 billion. That total came from sales of all equines, estimated to hold upwardly $US521.1 million, as well as $US491 i grand one thousand inward income from both breeding as well as non-breeding services, such equally training, lessons, boarding, farrier, transportation, purses as well as incentives.
The start stage besides constitute that equine-related expenditures past times equine operations totaled most $US1.2 billion. Capital expenditures past times equine operations, including the buy of equines, existent estate as well as improvements as well as equipment, were estimated to hold upwardly $US337 million. Operating expenditures, including expenses paid for boarding, feed, bedding, veterinary, supplies, farrier services, breeding, maintenance as well as repair, insurance premiums, utilities as well as fuel, taxes, rent and/or lease, fees as well as payments, shipping as well as travel, grooming as well as other fees, totaled $US839 million. Notably, 77 per centum of these operating expenses were spent inward Kentucky.
The study determined that 56 per centum of Kentucky’s equine operations are farms or ranches as well as thirty per centum are for personal use, spell 3 per centum are boarding, grooming or riding facilities. Breeding operations accounted for 2 percent.
The vast bulk of horses inventoried were low-cal horses (216,300), followed past times donkeys as well as mules (14,000), ponies (7000) as well as draft horses (5100).
Thoroughbreds are the most numerous breed inward the country (54,000), followed past times Quarter Horses (42,000), Tennessee Walking Horses (36,000), American Saddlebreds (14,000), donkeys as well as mules (14,000), Mountain Horse breeds (12,500), Standardbreds (9500), Miniature horses (7000), ponies (7000), Paint Horses (6500) as well as Arabian as well as Half-Arabian horses (5500).
The primary role of the bulk of Kentucky’s equines is trail riding/pleasure (79,500), followed past times broodmares (38,000), horses currently idle/not working (33,000), competition/show (24,500), horses currently growing, including yearlings, weanlings as well as foals (23,000), racing (15,000), work/transportation (12,500), breeding stallions (3,900) as well as other activities (13,000).
Kentucky Horse Council Board president Anna Zinkhon said: “The information from this study volition produce goodness the country inward many ways. We accept already made role of the results at 2 regional horsemen’s caucuses held inward areas amongst identified concentrations of equine populations. We are looking forrad to at to the lowest degree 3 additional regional horsemen’s caucuses based on this information inward 2014.”
As mightiness hold upwardly expected, in that place is a concentration of horses inward the Bluegrass expanse of Central Kentucky, but in that place are besides other areas of the country amongst pregnant concentrations.
According to the report, the overstep 10 counties inward Kentucky amongst equine acres were Fayette (89,000), Bourbon (48,700), Woodford (44,200), Scott (26,600), Grant (22,000), Oldham (21,000), Grayson (18,900), Warren (18,700), Boone (16,500) as well as Carter (16,400). More detailed county information tin sack hold upwardly constitute inward the total written report online.
Funding for the projection was provided past times the Kentucky Agricultural Development Fund, along amongst academy College of Agriculture, Food as well as Environment, the Kentucky Horse Council as well as numerous other manufacture organizations as well as individuals, a consummate listing of which tin sack hold upwardly constitute on the project’s website. More information most the 2012 Kentucky Equine Survey, including a re-create of the in conclusion written report as well as appendices, tin sack hold upwardly constitute here.
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