Twelve years ago, in guangxi quillin, the rich fruit and sugar oranges, what is the current status of those farmers who were on loan
The answer is that many loan growers have no interest on their loans. Some can't even think about it。
Sugar orange tastes sweet, juicy, slag, one of the fruits you like better. When it matures, its appearance is red, its name is blessed, and its listing is pre- and post-spring。
The town of xiao jing is in guangxi, in guilin pu county, where sugar oranges were grown in 2011. At that time, because of the small number of growers, the purchase price was quite high, generally above 4. 5 yuan per pound, and the profit of an acre was around $40,000. The price of an orange sapling is $5. 50, with an acre worth around 50,000, with an average annual profit of around $100,000 over a two-year cycle. Those two years were a lot better days than out-of-the-house work, whether it was a saloon or an orange. It is precisely because of the high profits of the sugar oranges that the people of the small towns have joined in the army of sugar oranges. The children's home is part of it。
From 2011 to the end of 2018, sugar oranges became a figment in their home town, and every time they came to harvest, they performed almost in the form of money collection, making millions ofaires a year. After a taste of sweetness, many people went out to other municipalities and counties to expand their farms after they had grown all the land they could grow。
The value of the item is rare, and the sugar oranges are high because of the low output on the market around the spring festival. The expansion resulted in a sharp increase in production, and prices were cut down, with more than a pound, some of which could not even be sold. And because of the high level of cultivation, citrus cancers have become widespread, causing many people to invest in water。
Sugar oranges are growing at a high cost, and if they are growing on a rental land, plus a rent of $1,200 per acre/year, the annual input of an acre will cost about $10,000, not counting the pick-up costs at harvest time, and many people are out planting dozens of acres, and the money for hundreds of acres is loaned。
Many loan growers are unable to collect the money they have invested, owing to the fact that excess production leads to cheaper prices and to the loss of harvests due to citrus yolk. As a result, many loan growers carry dozens of millions of loans without even interest. Some loan growers can't even think about it。
