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  1. Horse Power A brief look at the numbers and economic impact of the Equine Industry

  2. Complexity of the Equine Industry The Trade e.g. horse feed, bedding Professionals/para-professionals e.g. vets, farriers Land-based business e.g. racecourse Financial Services e.g. accountants, equine insurance Professional horses & riders Semi-professional horses & riders Leisure horses & riders Media e.g. magazines Training & Education of workforce e.g. on-the-job training Event Organization e.g. Showground's Infrastructure e.g. trail corridor Associations e.g. breed associations

  3. Estimated number of horses in the U.S. 9.2 million Estimated number of horses by Activity Recreation, 3,906,923 Showing, 2,718,954 Racing, 844,531 Other, 1,752,439 Estimated number of horses by Breed Quarter Horse, 3,288,203 Thoroughbred, 1,291,807 Other Horses, 4,642,739 Force of The HorseEconomic Impact - $102 Billion

  4. Iowa Survey Results • 199,220 total equine (AHC, 2005) • Total Iowa equine value • $1,027 million • 35,800 operations • 47,000 equine owners • 145,000 Iowans involved in equine industry

  5. Equine Owners Role in the Industry1 1Respondents could indicate multiple roles

  6. Composition of Iowa Equine Operations

  7. Participation in Equine Activities • Over 69% of Iowa equine owners ride on public land • 33% of equine owners will compete in some type of event during the year • 50% will attend an equine show, clinic and/or workshop

  8. Participation in Equine Activities • Over 27% of horse owners will attend a rodeo & 8% will participate in a rodeo annually. • Eight percent of Iowa equine owners will attend one or more races per year.

  9. Number of Years People Have Owned Equine

  10. Breed Rank by Population • Quarter Horse • 42% • Other • 19% • Paint • 16% • Ponies • 7% • Appaloosa • 7% • Thoroughbred • 5% Other – light horse breeds, draft breeds, mules, donkeys

  11. Ranking by Use

  12. Foal Registrations

  13. % of Registered Horses Age 15 or Older

  14. Equine-Related Assets Total value - $8.3 billion.

  15. Expenditures Associated With Iowa’s Equine Owner$503+ Million

  16. Direct Economic Impact Total Impact The initial change in the economy as a result of spending to support the horse industry Direct impact and additional spending as a result of direct impacts

  17. Economic Impact – All Equine Operations Industries Impacted $862 Million and 10,130 jobs

  18. Economic Impact – All Equine Operations Industries Impacted $862 Million and 10,130 jobs

  19. Economic Impact – All Equine Operations Industries Impacted $862 Million and 10,130 jobs

  20. Prairie MeadowsEconomic Impact • Stalls 1,336 horses • Running 5/d/wk with 46 horses – 414 horses/wk • Hay consumption • ½ bale/horse/day • 667 bales/day • 160 day season – 106,720 bales • Grain consumption • ~15 lb/horse/day • ~2000 lb/day

  21. Economic Impact – Pari-mutuel Racing • Horse Racing Operations pay $12.5 M to the state of Iowa annually

  22. Horse Years Vs. Human Years • First year horse = 12 human yrs • Second year horse = 7 human yrs • Next 3 horse years = 4 yrs each • Subsequent horse years = 2.5 yrs each • 2 yr old horse – teenager • 15 yr old horse – middle aged • 20 yr old horse – senior citizen

  23. Summary The equine industry is a thriving part of the Iowa economic landscape, and has tremendous potential to grow.

  24. Horse-slaughter The unwanted horse Mustangs Rodeo PMU farms Condition of stalls for horses Composition of track and running surfaces Racing & showing 2-year olds Post-race career of horses INTO THE FUTUREGuarding Animal Rights