Horse PowerHorse Power

A brief look at the numbers and economic impact of the Equine Industry

Breeding

Trail Riding

Horse & Rider

Training

Horse Shows

Unaffiliated Competition

Riding Schools

Horse Racing

Farm Based Tourist

Attractions

Affiliated Competition

Farming

Professionals/para-professionals

e.g. vets, farriers

Financial Services

e.g. accountants, equine insurance

The Trade

e.g. horse feed, bedding

Training & Education of workforce

e.g. on-the-job training

Associations

e.g. breed associations

Media

e.g. magazines

Land-based business

e.g. racecourse

Event Organization

e.g. Showground's

Infrastructure

e.g. trail corridor

Professional horses &riders

Semi-professional horses & riders

Leisure horses & riders

Complexity of the Equine Industry

Force of The HorseForce of The HorseEconomic Impact - $102 Economic Impact - $102

BillionBillion 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 Estimated number of horses number of horses by Breedby Breed Quarter Horse, Quarter Horse,

3,288,203 3,288,203 Thoroughbred, Thoroughbred,

1,291,8071,291,807 Other Horses, Other Horses,

4,642,739 4,642,739

Iowa Survey ResultsIowa Survey Results

199,220 total equine 199,220 total equine (AHC, 2005)(AHC, 2005)

Total Iowa equine Total Iowa equine valuevalue

$1,027 million$1,027 million

35,800 operations35,800 operations 47,000 equine 47,000 equine

ownersowners 145,000 Iowans 145,000 Iowans

involved in equine involved in equine industryindustry

Breeder

Trainer

Retail

Other

Exhibitor

Broker

Farm Manager

Veterinary

0

5

10

15

20

25

30

35

40

45

%

1 Respondents could indicate multiple roles

Equine Owners Role in the Equine Owners Role in the IndustryIndustry11

Racing2%

Work13%Showing

4%

Boarding3%

Other7%

Breeding9%

Personal or Recreational

62%

Composition of Iowa Equine Composition of Iowa Equine OperationsOperations

Participation in Equine Participation in Equine ActivitiesActivities

Over Over 69%69% of Iowa of Iowa equine owners equine owners ride on public landride on public land

33% of equine 33% of equine owners will owners will compete in some compete in some type of event type of event during the year during the year

50% will attend an 50% will attend an equine show, equine show, clinic and/or clinic and/or workshopworkshop

Participation in Equine Participation in Equine ActivitiesActivities

Over 27% of horse Over 27% of horse owners will attend owners will attend a rodeo & 8% will a rodeo & 8% will participate in a participate in a rodeo annually.rodeo annually.

Eight percent of Eight percent of Iowa equine Iowa equine owners will attend owners will attend one or more races one or more races per year.per year.

Number of Years People Number of Years People Have Owned EquineHave Owned Equine

0

5

10

15

20

25

30

35

<10 11 to 20 21 to 30 31 to 40 41 to 50 >50

%

Breed Rank by Breed Rank by PopulationPopulation

Quarter Quarter HorseHorse 42%42%

OtherOther 19%19%

PaintPaint 16%16%

PoniesPonies 7%7%

AppaloosaAppaloosa 7%7%

ThoroughbredThoroughbred 5%5%

Thoroughbred5%Appaloosa

7%Miniature Horse4%

Other**19%

Paint16%

Ponies7% Quarter Horse

42%

Other – light horse breeds, draft breeds, mules, donkeys

Ranking by UseRanking by UseOther, 10%

Tourism, 1%

Youth Activities, 5%

Work, 5%

Race, 3%Competition, 13%

Breeding Stallions, 6%

Breeding Mares33%

Recreation24%

Foal RegistrationsFoal Registrations

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

Appaloosa Arabian Anglo & Half-Arabian

Morgan Horse Paint Horse Quarter Horse

Saddlebred Standardbred Thoroughbred

% of Registered Horses % of Registered Horses Age 15 or OlderAge 15 or Older

0

10

20

30

40

50

60

ArabianMorganPaintQuarter HorseSaddlebredStandardbred

Equine-Related AssetsEquine-Related AssetsTotal value - $8.3 billion. Total value - $8.3 billion.

Tack & Supplies

$170MillionTrailers$341 Million

Vehicles$762 Million

Barn & Stables

$1,016 Million

Land$4,345 Million

Equine$1,027 Million

Indoor Arenas

$680 Million

Tractors & Farm

Machinery$350 Million

All Other $194 Million

Expenditures Associated With Iowa’s Equine Owner

$503+ Million

Expenses Common to All Horse Owners Per Owner Total

A. Farm Related $3329

B. Veterinary $2959

C. Tack & Supplies $1669

Specialty Expenses

A. Travel $ 695

B. Professional $ 846

C. Maintenance & Misc $1282

Overall Per Operation Expenses $10,735

TOTAL ALL EXPENSES $503 M

Direct Economic Impact

The initial change in the economy as a result of spending to support

the horse industry

Total ImpactDirect impact and additional spending as a

result of direct impacts

Economic Impact – All Equine Operations Industries Impacted

$862 Million and 10,130 jobs

Total Sales Income Jobs

Agriculture $179 M $ 38 M 943

Utilities $ 9 M $ 2 M 24

Construction $64 M $30 M 852

Manufacturing $43 M $8 M 166

Total Sales Income Jobs

Transportation & warehousing

$41 M $12 M 295

Retail Trade $114 M $50 M 1,941

Information Services

$12 M $3 M 82

Finance, insurance & real estate

$60 M $13 M 447

Economic Impact – All Equine Operations Industries Impacted

$862 Million and 10,130 jobs

Total Sales

Income Jobs

Professional & technical services

$281 M $119 M 4,721

Other services $25 M $8 M 628

Government $30 M $1 M 32

Total $862 M $288 M 10,130

Economic Impact – All Equine Operations Industries Impacted

$862 Million and 10,130 jobs

Prairie MeadowsPrairie MeadowsEconomic ImpactEconomic Impact

Stalls 1,336 horsesStalls 1,336 horses Running 5/d/wk with 46 horses – 414 Running 5/d/wk with 46 horses – 414

horses/wkhorses/wk Hay consumptionHay consumption

½ bale/horse/day½ bale/horse/day 667 bales/day667 bales/day 160 day season – 106,720 bales160 day season – 106,720 bales

Grain consumptionGrain consumption ~15 lb/horse/day~15 lb/horse/day ~2000 lb/day~2000 lb/day

Economic Impact – Pari-Economic Impact – Pari-mutuel Racing mutuel Racing

Horse Racing Horse Racing Operations pay Operations pay $12.5 M to the $12.5 M to the state of Iowa state of Iowa annuallyannually

Horse Years Vs. Human Horse Years Vs. Human YearsYears

First year horse = 12 human yrsFirst year horse = 12 human yrs Second year horse = 7 human yrsSecond year horse = 7 human yrs Next 3 horse years = 4 yrs eachNext 3 horse years = 4 yrs each Subsequent horse years = 2.5 yrs eachSubsequent horse years = 2.5 yrs each

2 yr old horse – teenager2 yr old horse – teenager 15 yr old horse – middle aged15 yr old horse – middle aged 20 yr old horse – senior citizen20 yr old horse – senior citizen

SummarySummary

The equine industry is a thriving part The equine industry is a thriving part of the Iowa economic landscape, and of the Iowa economic landscape, and

has tremendous potential to grow.has tremendous potential to grow.

INTO THE FUTUREINTO THE FUTUREGuarding Animal RightsGuarding Animal Rights

Horse-slaughterHorse-slaughter The unwanted The unwanted

horsehorse MustangsMustangs RodeoRodeo PMU farmsPMU farms

Condition of stalls Condition of stalls for horsesfor horses

Composition of Composition of track and running track and running surfacessurfaces

Racing & showing Racing & showing 2-year olds2-year olds

Post-race career of Post-race career of horseshorses