At this year’s Kentucky State Fair, Broadbent’s Ham was six times more valuable than gold.
The 15.89-pound Grand Champion Ham sold for $2 million on August 21. That same day, 16 pound of gold would have been worth just over $300,000.
Last year’s ham sold for $350,000, and the bidding quickly topped that at Kentucky Farm Bureau’s 51st annual Country Ham Breakfast & Auction. Enthusiasm mounted as the price rose from $400,000 to $600,000 to $900,000. Then a timeout was called. Kentucky Department of Ag’s Warren Beeler sprinted from one end of the room between Steve Trager of Republic Bank and Steve Wilson and Ryan Bridgeman of Hermitage Farms and Bridgeman Foods, conferring with the bidders and making sure his ears weren’t lying to him.
A historical deal was in the works. The rival bidders had joined forces, bidding $1 million each, totaling a record $2 million dollars for the prized ham. The money will now go to charities of the buyer’s choice.
The ham was auctioned off after being crowded the Kentucky State Fair Grand Champion Ham, Broadbent’s 16th year winning the crown. Broadbent’s has come a long way from our humble beginnings. In 1967, Broadbent’s won its first Grand Champion, and the ham was auctioned for $825. This year we broke the record we set in 2010 when our ham sold for $1.6 million.
We’re the most decorated ham in Kentucky, but why take our word for it? Check out what folks in the media have to say…