Domestic Peanut Prices Drop; Ministry of Agriculture to Investigate False Rumors, Yunlin Magistrate Supports
Amid a drop in domestic peanut prices in Taiwan, the Minister of Agriculture has vowed to crack down on misinformation. The Yunlin County Magistrate has expressed support.
📋 Article Processing Timeline
- 📰 Published: June 10, 2026 at 19:06
- 🔍 Collected: June 10, 2026 at 19:25 (19 min after Published)
- 🤖 AI Analyzed: June 10, 2026 at 19:26 (0 min after Collected)
(Central News Agency, Reporter Jiang Yijing, Yunlin County, 10th) The price of domestically produced peanuts has fallen, leading farmers to suspect a connection to expectations surrounding the Taiwan-US Agreement on Trade (ART). Minister of Agriculture Chen Junjie stated today that it is inappropriate to use incorrect information or policies not yet implemented to influence farm-gate prices. He said that if there are false or deliberate rumors, an investigation will be launched. Yunlin County Magistrate Chang Li-shan has voiced strong support for a thorough investigation.
Minister Chen said in an interview that peanut harvesting in Yunlin has only just begun, with the harvest rate at less than 5%. However, some media reports have claimed that specific individuals or traders are lowering peanut prices due to the ART, which he called false information. He emphasized that current imported peanut volumes are the same as before and have not changed, and that unenacted policies should not be used to affect local prices. He stated that if there are false or deliberate rumors, such as US imported peanuts suppressing Taiwan's market, an investigation will be initiated.
Magistrate Chang expressed support for the Ministry of Agriculture's strict investigation, stating that unscrupulous businesses must not be allowed to use this as an excuse to lower peanut purchase prices. She said she does not want hardworking farmers to become victims.
Chang stated that now that the ART is finalized, the central government must have short, medium, and long-term plans for when US agricultural products will be imported, to minimize the damage. Only then can farmers feel at ease.
Chang said that what farmers need most is clear information and policy direction. She hopes the central government can explain to the public what mechanisms will be used to protect farmers amid the changing international trade landscape, and how the Agricultural Safety Fund will operate and provide substantive support. (Editor: Li Hengshan) 1150610
Minister Chen said in an interview that peanut harvesting in Yunlin has only just begun, with the harvest rate at less than 5%. However, some media reports have claimed that specific individuals or traders are lowering peanut prices due to the ART, which he called false information. He emphasized that current imported peanut volumes are the same as before and have not changed, and that unenacted policies should not be used to affect local prices. He stated that if there are false or deliberate rumors, such as US imported peanuts suppressing Taiwan's market, an investigation will be initiated.
Magistrate Chang expressed support for the Ministry of Agriculture's strict investigation, stating that unscrupulous businesses must not be allowed to use this as an excuse to lower peanut purchase prices. She said she does not want hardworking farmers to become victims.
Chang stated that now that the ART is finalized, the central government must have short, medium, and long-term plans for when US agricultural products will be imported, to minimize the damage. Only then can farmers feel at ease.
Chang said that what farmers need most is clear information and policy direction. She hopes the central government can explain to the public what mechanisms will be used to protect farmers amid the changing international trade landscape, and how the Agricultural Safety Fund will operate and provide substantive support. (Editor: Li Hengshan) 1150610
FAQ
What caused the drop in domestic peanut prices?
Farmers suspect it's linked to expectations of the Taiwan-US Agreement on Trade (ART), but the Ministry of Agriculture calls this misinformation.
What action will the Ministry of Agriculture take?
Minister Chen Junjie stated that an investigation will be launched into false and deliberate rumors.
What is Yunlin County Magistrate Chang Li-shan's stance?
Magistrate Chang supports the Ministry's strict investigation and said unscrupulous businesses must not be allowed to lower purchase prices.