Tuesday, December 22, 2009

Chickens outpace horses in Kentucky

Kentucky’s revenue from poultry is projected to hit $930M this year, significantly higher than the horse industry’s predicted revenue of $750M, University of Kentucky agricultural economist Lee Meyer told the Associated Press. The poultry industry has grown rapidly in the past decade, with revenue increasing from $260M in 2001 to $918M in 2008, the AP reports.
The recession has hit the state’s traditional equine sector hard, with income from sales of thoroughbreds and breeding stock steadily dropping in the past few years from $1.1B in 2007, the professor said.

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