Kentucky Quarter Horse Association
Annual Meeting and Awards Banquet
Saturday, January 14, 2017
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STAY AFTER THE BANQUET TO ENJOY
THE MUSIC OF
FOR IMMEDIATE RELEASE
Kentucky’s Quarter Horse Breeders’
Incentive Fund Continues Growth
and Stimulates Widespread Demand for
(July 15, 2016) – With
nearly a decade of evidence, it is clear that
the Kentucky Quarter Horse Association’s
Breeders’ Incentive Fund (BIF) has surpassed the
goals of the Kentucky Legislature in terms of
stimulating economic growth in the horse
industry and a strong market demand for foals
produced here in the Commonwealth.
When BIF programs were
begun in 2006 for all breeds, there were 671
Kentucky-bred horses shown or raced in events
sanctioned by the American Quarter Horse
Association. Due to the unique and progressive
structure of the BIF, that Quarter Horse number
has increased each year with 2015 reaching 1,221
Kentucky-bred Quarter Horses earning points and
prize money around the world. That is an 82%
increase, and it proves that the demand for
quality Kentucky Quarter Horses remains strong
Payouts are based upon
points earned in American Quarter Horse
Association (AQHA) events.
allocation to American Quarter Horses rose for a
5th consecutive year to a total of
$252,466 for 2015 events.
As an indicator of the ever increasing
of Kentucky-bred Quarter Horses, the
total number of AQHA points earned by those
horses that went on to start at an AQHA track or
to compete at an AQHA show anywhere in the
world, reached an all-time high of 7,127.
since 2006, the first BIF award year, the total
number of points earned by Kentucky-bred Quarter
Horses shown or raced each year has increased by
a factor of 58 times that of the initial year.
The average value of show points for 2015
was $33.57 while the average value of race
points was $729.14.
The aim of Kentucky’s Quarter Horse
leaders was not to subsidize producers solely
for operating in the Commonwealth, as have some
other breeds, but rather to reward the buyers of
Kentucky-breds for showing or racing
successfully. This structure has incentivized
such buyers, most of them from other states, to
prefer Kentucky-bred Quarter Horses when
purchasing their prospects.
Norm Luba, KyQHA BIF Committee Chairman,
explained the fundamental reason for the
unusually positive impact of the Quarter Horse
“Our program has arguably
demonstrated the most dramatic successes of all
the breed programs written into law in 2005 and
it is because of its basic approach.
than award the bulk of our funds as prize money
or subsidies to existing breeders, the lion’s
share of our fund has always been paid directly
to all the buyers and exhibitors of our horses,
regardless of where they lived, raced or showed.
clearly increases market demand for our product,
which has served our industry much better than
if we paid the money to predominantly breeders.
Breeders breed here, and buyers pay us more, in
hopes of earning awards from our BIF. Our
economic growth proves that it works.”
In keeping with the
established protocol, all data regarding the
horses, points earned, award amounts, and other
relevant information will be posted on KyQHA’s
website for thirty days to allow public review.
direct link for the show results is available
2015 BIF Show Awards] and
the direct link for the race results is
2015 BIF Race Awards].
inaccuracies or suspected improprieties should
be reported to the KyQHA within that review
Award winners must have
been current members of both the AQHA and KyQHA
as of July 1, 2016 in order to be eligible for
The Kentucky Quarter Horse
Association is the official affiliate of the
American Quarter Horse Association.
More information about the KyQHA BIF,
membership forms, as well as other programs of
the KyQHA can be found by visiting the web site