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Feeling the pinch of sagging prices

China Daily | Updated: 2009-02-26 07:45

The extremely cheap prices of farm products may dampen the enthusiasm of farmers, says an article on the website www.rednet.cn. The following is an except:

After farmer Wu Hongchang earned just 47 yuan by selling 1,500 jin of tangerines, he sighed, saying he would dump the remaining tangerines he kept at home before they turn rotten. Previously, he had already thrown away 400 jin.

This year, tangerine growers have welcomed a harvest season but lower prices. What's more, nearly all farm produce, except grains, have seen a large decline in prices this year, especially vegetables and fruits.

Feeling the pinch of sagging prices

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