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The total value of all Virginia’s horses is $1.65 billion, up 13 percent from 2001. Average value per horse decreased 10 percent to $7,697.
Virginia equine operations spent $783 million during 2006 caring for their horses, compared to $505 million during 2001.
Feed and bedding were the largest expense category at $99.6 million. Equipment purchases and capital improvements followed at $92 million and $72.6 million, respectively. Equine expenses covering upkeep-related items accounted for 77 percent of all expenses.
There were 15,600 horses sold in Virginia during 2006, up 21 percent. The total sales value was more than $107 million. These sales place horses as the sixth-largest commodity in Virginia based on cash receipts. About 66 percent of the total value of sales occurred in the northern district.
More agricultural statistics are online at www.nass.usda.gov.
92.5%