Spain: Valencian onion producers lose 25 million euros this year

Published 2024년 6월 6일

Tridge summary

Onion producers in the Valencian Community have suffered significant losses, estimated to be over 25 million euros, due to low prices and a bountiful harvest across Spain. The low prices have resulted in farmers opting not to harvest and instead, rotating their fields. Production costs have ranged from 0.25 to 0.30 euros/kg, making the current prices of around 0.10 euros/kg unsustainable. Additionally, the market is flooded with imported onions, and there are concerns about the quality of locally grown onions compared to imported ones. The price gap between the farm and the supermarket is substantial, with supermarkets charging an average of 2 euros/kg, while farmers receive only 0.10 euros/kg.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Catastrophic campaign for onion producers in the Valencian Community. The Unió Llauradora estimates losses of more than 25 million euros as a consequence of the low prices paid in the countryside, which also coincide with a good harvest in all Spanish producing areas and a large presence of imported products on supermarket shelves. The average price paid at origin has been, in the best of cases, around €0.10/kg, quotations that practically mean giving them away in exchange for collecting them and farmers, having a higher cost than they would charge, have opted to end in many cases by not collecting them and rotovating the fields. Production costs in this crop range between 0.25 and 0.30 euros/kg, below that “everything is a loss” figure. An onion producer is very clear in explaining the situation. “They offered me 4 cents for a kilo of onions that had cost me so much effort to grow and with that amount I refuse to sell them, I prefer to rotovate the field rather than give away my ...

Source: Campocyl