In Moldova, due to the high supply of low-quality products, the price of cherries may decrease


In Moldova, due to the high supply of low-quality products, the price of cherries may decrease

06/19/2020

Due to private rains in the main areas of cherry production, the products crack on trees

During the second decade of June, the average wholesale prices for cherries in Moldova were relatively stable, their range narrowed only slightly: the minimum price for small (up to 26 mm) fruits increased by about 1 lei / kg to 16 lei / kg ($ 0.94 / kg), large fruits fell by about the same amount – up to 21-27 lei / kg ($ 1.2-1.54 / kg). In early July, perhaps the process of unification and a smooth reduction in prices will continue.

According to the leaders of large horticultural farms, two important factors influenced the pricing environment during this period. The first is the presence of a fairly high demand for cherries from exporters. However, they need cherries, at least of stable quality, which the majority of farmers are not able to provide. Due to private rains in the main areas of cherry production, products crack on trees and begin to rot even in refrigerators a day or two after harvesting. In this situation, exporting traders do not risk buying products expensively, even with a large number of orders from end customers.

The second important factor is the presence of demand for cherries from individual processors: several canneries and one local producer of fruit distillates. The opportunity to sell low-quality cherries for processing into jam and jam helped to keep prices for these products in the economy segments on the domestic fresh market at a relatively high level. However, if at the beginning of the month technical cherries in some cases were purchased at a price of up to 10 lei / kg ($ 0.59 / kg), then in the middle of the third week of June, due to the excessive supply of this product, it fell to 6 lei / kg ($ 0, 35 / kg). Moreover, almost all canning enterprises by the end of the second decade of this month announced the completion of the cherry processing season.

Read also: Raspberry season began in Moldova

In this situation, according to Aleksey Ivanov, the head of the agricultural enterprise Vindex-Agro SRL and the chairman of the Federation of agricultural producers of Moldova FARM, many horticultural enterprises amid high cost and labor shortages, as well as declining sales opportunities for low quality cherries, will decide to leave part of the harvest of these fruits least liquid varieties on the trees. At the same time, the entrepreneur himself a few years ago began to uproot the gardens of traditional type and unpopular varieties. In their revenge, he plans to lay intense orchards of early apple varieties.

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