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Plan aims to balance crop productions

Plan aims to balance crop productions

The government is considering including vegetable staples such as cabbages in its production pre-warning system targeting important agricultural products as part of efforts to prevent supply/demand imbalances, Council of Agriculture officials revealed yesterday.central news agency
The COA held a press conference to announce its measures to help vegetable growers adjust their crops to market demand after prices experienced steep drops over past weeks, triggering an outcry among local farmers about the government's incompetence in addressing the problem of market imbalances.
COA Vice Minister Lee Jen-chyuan (李健全) attributed the price plunges to increased planting after the country sustained a vegetable shortage that led to price hikes in October due to losses caused by Typhoon Krosa.
Moderate winter weather has also helped accelerate plant growth and boost production, Lee noted.
According to Taipei Agricultural Products Marketing Co. tallies, the average wholesale price of vegetables plunged to NT$12.74 per kilo Wednesday from NT$52.3 per kilo registered October 21.
The prices increased yesterday to NT$13 per kilo, the statistics show.
To address price fluctuations caused by supply/demand imbalances, Lee said the COA has activated a "95" mechanism to purchase over-produced vegetable staples, including cabbages and broccoli, at 95 percent of the production cost.
Addressing the COA-operated production pre-warning system, which was put into operation in January this year, Lee said that at present only seven kinds of agricultural products, including bananas, papayas, oranges, pineapples, garlic, onions and peanuts, are included in the system.
Including vegetable staples in the system would be a challenge because the vegetable production period is shorter, Lee noted, explaining it is difficult to control harvests.


Updated : 2021-06-13 15:42 GMT+08:00