21 Nov 2011

More co-operation in equine industry urged

6:33 am on 21 November 2011

Waikato University business research director Stuart Locke sees a strong case for more co-operation in the equine industry to stop falling returns.

Dr Locke, who also owns race-horses, says horse exports to Australia and Asia last year were worth about $450 million.

But he says those exports have been declining for several years due to fragmentation in the industry and there are also cash-flow problems among those supplying goods and services.

Dr Locke told the Equidays event at Mystery Creek last week that more co-operation within the equine industry would improve returns for everyone.