Just after the end of the year in Laiwu, Jinan City, Shandong Province met Lao Chai, Lao Chai was originally a boss engaged in machinery leasing, due to the slump in the leasing industry in the past few years, Lao Chai took his son back to the countryside to start a business, thinking about it or wanted to engage in agricultural planting, in 2018 began to contract 100 acres of land to plant ginger.

In the first year of 2020, lao chai planted ginger to get a bumper harvest, in 2020 the price of ginger rose all the way to 4 yuan, lao chai from agricultural planting has obtained very large benefits, which has brought great confidence to lao chai to continue to engage in planting, lao chai from the heart that agriculture is the future outlet, but also strengthened the confidence of old chai in agriculture.
At the end of 2020, Lao Chai, who has increased confidence, has contracted 300 mu of land, and the planting scale has reached 400 mu, and all 400 mu have been planted with ginger, and Lao Chai is also full of confidence in ginger in 2021. But agriculture is like a roller coaster, the price of agricultural products is even more out of the imagination of lao Chai, and the agricultural products market, which does not pay attention to rules at all, has experienced Waterloo for decades.
By the summer of 2021, many areas in Shandong experienced a heavy rain, many places where ginger was planted also suffered from heavy rain and waterlogging, many gingers were drowned and rotted in the ground, due to the high terrain of the land contracted by lao chai and did not receive the impact of waterlogging, at this time, lao chai felt that the price of ginger in 2021 must be better than in 2020, and lao chai felt that it would definitely make a lot of money in 2021.
But the price of ginger in 2021 is like the weather in June, even the greeting is coming, the price of ginger has fallen all the way from the initial 1 yuan or so to 0.65 yuan, and this price cannot even sell back the most basic cost. Lao Chai told me that he hired someone to dig ginger for 300 yuan a day, and a person can dig 400 to 500 pounds of ginger a day, and the price of ginger is not enough for labor.
Coupled with the contracting cost of about 1,000 yuan per mu of land, the 400 mu of old chai is roughly estimated to lose more than 800,000 yuan, and the money earned in the whole 2020 is basically lost not enough, and the old chai instantly lost confidence in agriculture. Lao Chai told me that the risk of agriculture is too great, the weather, management, planting technology, personnel, agricultural products, etc. are too demanding for agricultural practitioners, coupled with the long return cycle, he feels that it is really difficult.
Lao Chai is one of the many agricultural planting practitioners, but a leaf falls and knows autumn, which is also the epitome of many agricultural planting practitioners, from earning a full pot to a ruined family may not even need a month, it only takes a few days to go from heaven to hell, the experience is like a roller coaster with overnight wealth and a night of debt.