Growth and Decline of the Equine Industry
Objectives: Discuss the rise, decline and rise of the equine industry List in order the top three states for horse population Know the two most common breeds of modern horses in the U.S. Match the uses of modern horses to the number used List the economic status of the present day horse industry Discuss the direct and indirect revenue generated by the horse industry Discuss the use of horses in sporting events List reasons horse numbers continue to rise Discuss the viewpoint of animal rights activists related to the horse industry
Numbers: High point: 1915 21 million Horses, Donkeys and Mules Low Point: 1965 3 million Currently 9 million + - Donkeys and Mules Remaining relatively steady since 1995 52,000 Donkeys 28,000 Mules
OOPS
State Populations of Horses Texas: 1,000,000 California: 700,000 Florida: 500,000
Most common breeds Quarter Horses: 3.2 million Thoroughbred: 1.2 million
Uses Recreation: 3.9 million Ranch horses 3.6 million Showing: 2.7 million Racing: 800,000+
Status of the U.S horse industry. $38.8 million GDP 700,000+ people employed Direct revenue: Actual sale of horses Stud fees Races Shows Etc. Indirect Revenue: Feed sales Training Veterinary Farrier Transportation Etc.
Sports Horse racing 110 million fans $13 billion in wagers Estimated 114,000 racing days Rodeo 800+ sanctioned rodeos 2200 performances Horse shows
Future??? Horse ownership continues to rise Popularity of riding and showing More 4-H horse projects than beef cattle Magazines and newsletters Organizations Downside Animal rights activists Primarily rodeo U.K and Netherlands have banned rodeos