Price of Bolivian quinoa drops by 80%

The yield of Bolivian quinoa is up to 84% lower than in countries like Peru, Ecuador or Chile and its price has been reduced by 80%. The coordinator of the Quinoa Research Center (CIQ), Roberto Quispe, said that between 2013 and 2015 producers received Bs. 2,000 ($289.62) for a quintal of quinoa from companies that exported the grain. Currently, they only achieve between Bs.350 ($50.68) and Bs.400 (57.92).

Source: Los Tiempos