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Autumn-winter rice ‘opened fields’ had a good harvest, profits doubled last year

The harvest of autumn-winter rice fields is twice as profitable as last year's

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Currently, farmers in the Mekong Delta have ‘opened their fields’ to harvest the autumn-winter rice crop early in the joy of good harvest, high prices, and profits twice as high as last year’s autumn-winter crop.

Rice prices in the Mekong Delta are at record levels. In Chau Thanh district (Dong Thap province), IR 50404 and Ma Lam 202 rice are priced at 8,000 VND/kg; OM 5451 costs 7,900 – 8,000 VND/kg; Dai Thom 8 costs from 8,200 – 8,300 VND/kg. In Tien Giang province, this fall-winter season, farmers sow popular rice varieties such as: OM 5451, OM 18, Dai Thom 8, Jasmin… Rice prices also range from 7,800 – 8,200 VND/kg, depending on the variety.

Mr. Nguyen Thanh Phong, a rice trader in the Mekong Delta, said that from the beginning of the 2023 fall-winter crop, when farmers finished sowing, they came to deposit 500,000 VND/labor to buy rice at prices ranging from 8,000 – 8,200 VND/kg. . Mr. Phong said that this year’s fall-winter crop yield is very good, with most farmers’ profits double that of last year’s fall-winter crop.

“Last year’s autumn-winter rice was only priced at 6,600 VND/kg, this year it is from 8,000 VND/kg or more, an increase of 1,400 VND/kg. I have been buying rice for over 25 years but now I see the price of fresh rice peaking at 8,300 VND/kg. In 2021, dry rice stored for 6-7 months will sell for more than 7,000 VND/kg,” Mr. Phong said.<

Emilia Chaney
Emilia Chaneyhttps://agrisearch.net
My name is Emilia Chaney. I'm a social girl from Romania with a big smile and 3 passions: Agriculture, Travel and Social Media. I try to make this blog practical, full of great advice and inspiring ideas.

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