Taiwan to increase garlic exports on overproduction
March 30, 2014, 12:03 am TWN
TAIPEI, Taiwan -- Taiwan's Agriculture and Food Agency said Saturday that it will increase exports of garlic to 8,000 metric tons this year in an attempt to lower the domestic supply and stabilize prices.
According to the agency, garlic output destined for export has surpassed the production target of 5,000 metric tons because of the cooler weather so far this year. The surplus will be sold overseas to help local garlic growers ride out the financial impact.
The price of garlic in Yunlin County, the major garlic-growing region in Taiwan, has sunk to NT$10 (US$0.3) per kilogram, NT$13-15 down from the same period of last year, according to local news reports.
The Yunlin county government has initiated a program for exporters to register their export volumes, and requires them to purchase garlic at a price better than the original farm price and finish exporting within one month, the agency said, adding that the measure will remain in place until May 15.