Kentucky Farms cash receipts over $4 billion for 2006
Posted on October 4, 2007
According to the Shelbyville Kentucky newspaper The Sentinel-News, farm cash receipts for 2006 are now in from the Kentucky Field Office of the National Agricultural Statistics Service. The farm receipts totalled over $4.01 billion. This amount is up 1% from the 2005 calendar year which was valued at $3.98 billion.
Livestock & their products created receipts of $2.71 billion. Crop-wise, the receipts for those were $1.3 billion.
Horses and Kentucky Horse Farms are the leaders for cash receipts totals providing $1.11 billion. Poultry came in 2nd overall.
And tobacco which was the state of Kentucky’s leading crop for many, many years is now in 6th place overall.
It appears that the initiatives from KEEP, and other organizations are doing their job well in keeping Kentucky horse proud by promoting Kentucky as a place for horses and horse farm owners. They do this not only through advertising, but by creating incentives for other horse owners and aspiring horse farm breeders to relocate to Kentucky with their operation.
Many non-racing breeds of horses now qualify for incentives if they breed and foal in Kentucky and as such, a lot of horse farm operations are relocating to our state.
» Filed Under Kentucky Horse Farms and Real Estate Tips, Louisville KY, Our Horse Farm, Shelbyville KY
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