At this moment, the purchasing price of 1mou (115th of a hectare) of land where garlic is grown has exceeded ten thousand yuan. Considering the fact that garlic prices have been rising in 2015, as well as in 2016, and the retail price reaching a critical point of 10 yuan, surpassing even the peak prices of 2010, it could be said that even with the risks involved, growers and investors are paying close attention.
China: The risks underlying garlic growing expansion
At this moment, the purchasing price of 1mou (115th of a hectare) of land where garlic is grown has exceeded ten thousand yuan. Considering the fact that garlic prices have been rising in 2015, as well as in 2016, and the retail price reaching a critical point of 10 yuan, surpassing even the peak prices of 2010, it could be said that even with the risks involved, growers and investors are paying close attention.