Ky. champion ham fetches $1.6 million for charity

Start baking those biscuits and stirring that red-eye gravy. Two donors have pledged a record $1.6 million for Kentucky's grand champion country ham.

That works out to about $100,000 a pound for 16 pounds of Kentucky's favorite cured meat.

The auction is the highlight of the Kentucky Farm Bureau's annual Kentucky Country Ham Breakfast at the state fair in Louisville.

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This year's winning ham was produced by Broadbent B&B Foods of Kuttawa in western Kentucky.

Bernard Trager, chairman of Republic Bank and Trust, and Dr. Mark Lynn & Associates, owner of Dr. Bizer's Vision World, contributed $800,000 each Thursday for the ham.

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The money — and the meat — will go to local charities.

The previous record of $1.3 million was set last year.