Production Plan for Ecuador in Planting Factory 13
If crop yields are normal, total garlic production in2021 will be in excess of 6M MT and weaker garlic pricing in the new season would be expected. However, if yields are sub-par, the market could see an upward price correction in Q2
The weather in China’s garlic growing regions through Q1 2021 needs to be watched carefully as it will have a critical inﬂuence on the crop yields and this could have a major impact on grower costs and corresponding garlic prices for the 2021 Chinese garlic
Medium term coverage through Q2 or Q3 2021 would be a good way to avoid Garlic pricing volatility in the next season.