Garlic prices hit a ten-year low; garlic farmers should sell at the right opportunity

The slump in garlic prices this year is a foregone conclusion; there is no longer any suspense about it, it is an established fact. Judging from the opening price of garlic this year, in previous years it was basically above one yuan, while this year the price is only in the 0.5-0.8 yuan range, a very severe decline.

It should be said that the decline in garlic prices this year is closely related to farmers blindly following the trend in planting. After entering August last year, garlic prices began to loosen and also showed a trend of gradual decline. From the signs at the time, the situation of garlic oversupply was already fairly prominent. After the Spring Festival, cold-storage garlic could not be shipped out for a long time, and the backlog of inventory was severe, which made this year's garlic market outlook even more uncertain.

In fact, that is indeed the case. This year's garlic prices have truly hit a new low, catching many farmers who planted garlic last year off guard. The low garlic price this year is one aspect, and per-unit yield has also declined somewhat, forming a double blow to garlic farmers. So as to how garlic farmers should reduce losses next, Kexue Xingnong briefly shares a few views.

Wait for the right time and sell at the right opportunity

At present, garlic has just come onto the market. Constrained by last year's backlog of garlic and the flood of new garlic entering the market this year, garlic traders, on the one hand, are suppressing garlic prices, and on the other hand, garlic merchants generally dare not take an optimistic view of the future market and dare not set the purchase price too high, resulting in the current sluggish price situation. Garlic farmers can wait for the right time and sell at the right opportunity.

Do a good job of storage to reduce losses

Although the garlic price this year is sluggish, if a large-scale reduction in yield occurs again during storage, farmers' losses will further increase, especially since this year's garlic prices have already caused garlic farmers to suffer heavy losses. Many garlic farmers say they are losing 1500 yuan net per mu, and this does not even include the labor cost of their own work. If the garlic suffers further losses, the extent of the losses will probably be even greater.

Reduce garlic planting

It is believed that after two consecutive years of excess garlic production, the garlic stockpiled in the market will still be difficult to digest. For garlic farmers, this year's garlic market can also be regarded as a lesson for them, and in future agricultural planting they should try as much as possible to avoid following the trend in planting.

The above are a few views shared with you by Kexue Xingnong, and we hope they are helpful to you.