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QUINOA
Prices on quinoa are expected to continue their recent rise. Industry experts attribute multiple factors to this year's increase. In regards to raw material, there is more production of red than white creating an imbalance in pricing and availability between the varieties and increasing costs of items that use both. Lands for the cultivation of organic are decreasing due to inadequate rest for the field with continuous planting and harvesting. With this going on in the market, now there are reports that farmers are withholding offerings of conventional stock, anticipating a further price hike and more potential profit. The one takeaway is that quinoa as raw material has had 15-20% increase and will continue to rise as scarcity remains in place. We are diligently working to have some availability within the next few weeks. Please reach out to your sales representative for more information on pricing and availability. |
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