High agchem detections on quinoa hit prices
Analysts are blaming the detection of the presence of pesticides on Peruvian quinoa crops for the collapse in prices, national media report. The boom in the produce saw prices reach 14 soles ($4.33 at the current rate) per kg, before they dropped by half in a few months last year. Rising demand for quinoa led to a spurt in production, with some 4,000 ha dedicated to the crop in Peru last year, according to newspaper la Republica. That caused an explosion in the appearance of pests producing a jump in pesticide applications, reports add. The plant health inspection service, the Senasa, reportedly is establishing a traceability system and limiting exports to certified produce.