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Survey: Ky. horse industry worth billions

Updated: January 23, 2013, 3:50 PM ET
Associated Press

LOUISVILLE, Ky. -- A survey of Kentucky's equine industry harnessed big numbers to back up the state's bragging rights as the world's horse capital.

Nearly a quarter-million horses were counted with a total value surpassing $20 billion for animals and related assets.

The Kentucky Equine Survey found that the Bluegrass state was home to 242,400 horses in 2011.

University of Kentucky associate professor of agricultural economics Jill Stowe says Kentucky's figure was nearly twice ...

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