It estimates that equestrian activity lost income by $132.29 million

Breeders and authorities of the National Equine Industry Chamber warned that they are living the worst year in the history of the activity: in the time that there were no races due to the mandatory quarantine, in the area they lost income for about 10,000 million pesos ($132.29 mn). The lack of races also discouraged breeders’ investments and, they estimate, this will show in a 20% decrease in the births of racehorses and thoroughbreds. Argentina is the fourth world producer of thoroughbred racehorses -with 9000 foals per year-, and it estimates that for each horse there are between 5 and 7 people linked to the activity. It is one of the areas that generate the most employment in the sector.

Source: La Nación