Equine Economic Study Finds Diverse Sectors And Employment Positively Impacted Since 2017

With increases since 2017 in both the total value impacted and equine-related employment, the 2023 findings of the Equine Economic Impact Survey by the American Horse Council (AHC) reflect the positive contributions of the equine industry on the U.S. economy, the organization said via a release Wednesday.

The survey offers a comprehensive overview of the economic impact and trends within the sector and highlights how the industry reaches far beyond the pastures and ranch land across the country.

Highlights include:

  • Diverse Economic Sectors Impacted: $177 billion. That's the total value added in 2023 from the equine industry, up from $122 billion in 2017. The equine industry's ripple effect extends beyond the traditional sectors, influencing a broad spectrum of industries. From agriculture and tourism to veterinary services and technology, the survey showcases the interconnectedness of the equine world with other economic realms.
  • Employment Boost: The survey reveals a substantial impact on employment with 2.2 million jobs linked both directly and indirectly to the equine sector. Not only are breeders, trainers, veterinarians and farriers represented, but so are truck drivers, nutritionists, chemists, police officers and journalists.
  • Slight Downshift in Population: While there is a slight downshift in the total population of horses from 2023 (6.6 million) compared to 2017 (7.2 million), that's only a slight consideration when compared to the growing numbers in jobs and expenditures.

“The Economic Impact Study is the most effective tool in our advocacy quiver,” says Julie Broadway, president of the AHC. “When the industry needs to take aim at an issue, this data is invaluable in helping us paint the picture of the contributions the industry makes and the breath & depth of its composition.”

Click here to purchase a copy of the study.

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Friday’s Insights: Omaha Beach Colt Storms Tampa Dirt For Debut

8th-TAM, $53K, Msw, 3yo, 7f, 4:03 p.m. ET.
Bred by Clearsky Farms, ACCLAIMED VICTOR (Omaha Beach) makes his first start for Hall of Fame trainer Todd Pletcher. The $725,000 Keeneland September grad, who was purchased by St. Elias, was the third highest selling yearling in 2022 by his top five first-crop sire.

Out of Color Me Flying (Distorted Humor), the 3-year-old is a half-brother to MGSP Colorful Mischief (Into Mischief), who St. Elias acquired at the 2020 Fasig-Tipton Select Yearling Sale for $300,000.

Acclaimed Victor's extended female family includes his dam's half-sister MGSW Teresa Z (Smart Strike), and third dam MGISW My Flag (Easy Goer), who is responsible for champion 2-year-old filly Storm Flag Flying (Storm Cat). TJCIS PPS

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NYTB Board Elects Ahlschwede As President

Edited Press Release

The Board of Directors of New York Thoroughbred Breeders, Inc. (NYTB) held its first meeting of 2024 on Friday, Jan. 19. The newly seated board unanimously elected Dr. Scott Ahlschwede, D.V.M., to serve as Board President through 2026.

Current NYTB director Seth Gregory, owner of Innisfree Farm and Seth Gregory Bloodstock, was elected to the office of Vice President. The board also elected Lere Visagie, owner of Rockridge Stud, to serve as Secretary-Treasurer.

Dr. Ahlschwede is a shareholder veterinarian with Rood and Riddle Equine Hospital and owner of River Valley Farm. He has previously served as an NYTB director since 2016 and succeeds Thomas J. Gallo, III, managing partner of Dream Maker Racing Stable, Thomas J. Gallo, III Sales Agency, and owner of Blue Stone Farm, who previously served as NYTB President since 2015.

“On behalf of our board of directors and membership, I want to thank Tom for his leadership of NYTB and am thankful he will remain a part of the board with his institutional knowledge and experience,” said Dr. Ahlschwede. “As President, I want to ensure we continue to increase and promote the benefits of breeding and foaling in New York with our fellow stakeholders as we work to sustain the Thoroughbred industry in New York and nationwide.”

“I am proud of the work our organization has accomplished under my tenure as President. I look forward to continue working with Scott and our newly elected officers to ensure NYTB remains the unified voice of Thoroughbred breeders in the state,” said Gallo.

The 2024 NYTB Officers and Board of Directors for 2024 is as follows:

 

Officers:

  • Dr. Scott Ahlschwede, D.V.M., shareholder with Rood and Riddle Equine Hospital and owner of River Valley Farm, President

 

  • Seth Gregory, owner, Innisfree Farm and Seth Gregory Bloodstock, Vice President

 

  • Lere Visagie, owner, Rockridge Stud, Secretary/Treasurer

 

Directors: H. James Bond, Rick Burke, Lois Engel, Thomas J. Gallo, III, Michael Lischin, Vivien Malloy, Jane McMahon, Mallory Mort

Directors Emeritus: Chester Broman, Suzie O'Cain, Joanne Nielsen

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Early Voting To Stand At Taylor Made Stallions For 2024

Early Voting (Gun Runner), who got 120 mares in foal during his first season at stud last season before a rare condition led to his being removed from stud duties on the advice of veterinary experts, has been cured and will continue his stud career at Taylor Made Stallions in 2024. He covered his first book of mares in 2023 at Ashford Stud.

Winner of the 2022 GI Preakness S. for Klaravich Stables and Chad Brown, Early Voting retired with three wins from six starts and earnings in excess of $1.3 million. Though he successfully stopped his mares and though his sperm were fertile, he was later found to be unable to continue his career and was subsequently diagnosed with Anejaculatory Syndrome, an inability to ejaculate.

According to a release, a member of the Early Voting management team was acquainted with the work of a New Zealand-based veterinarian and scientist named Dr. Padraig (Paddy) O'Casaigh, who had treated males of the rarest species of birds in New Zealand–the Kakapo–for precisely the same condition. O'Casaigh had developed his diagnostic and treatment protocols along with Professor Sir Graham ('Mont') Collingwood Liggins FRS, a pioneer in the research of human fetal development and birth. O'Casaigh and Liggins together formed the Mont Liggins Trust to further fertility research.

“Early Voting has a very rare condition that is difficult to diagnose and treat,” said Dr. O'Casaigh. “Because of the work of the Mont Liggins Trust with the Kakapo and Tuatara (a native New Zealand reptile that is the closest living relative to the dinosaur), we have developed a very unique diagnostic suite for this exact scenario. I feel very fortunate to be involved and have had the assistance of our many international colleagues. It is such a credit to all the interested parties who have gone literally to the end of the earth for Early Voting's welfare.”

Added Taylor Made's Duncan Taylor: “We were contacted by Dr. O'Caseigh to stand Early Voting and we are very happy to have the opportunity.”

This story will be updated

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