FARMERS ARE EXCITED BECAUSE THE RICE IS BOTH SEASON AND PRICE
According to the Ministry of Agriculture and Rural Development (MARD), the winter-spring crop of 2017-2018, the Mekong Delta to seed more than 1.5 million hectares, has harvested 248,400 hectares, accounting for 15.9% of breeding area, productivity estimated at 6.41 tons / ha.
Get out of the “lost season”
The rice market in the Mekong Delta provinces in February-2018 has been more active as rice prices increased compared to last month.
In Kien Giang, the price of rice increased 200 VND / kg, specifically IR50404 rice to 5,900-6,100 VND / kg, OM 4276 from 6,400-6,500 VND / kg, OM6976 from 6,400-6,600 VND / kg, Jasmine 6,600 VND / kg. In Vinh Long, IR50404 rice in Binh Minh town is stable at VND5,200 / kg (wet rice). In Bac Lieu, the new rice crop in Vinh Loi district is around VND6,800-7,000 per kg, and the wholesale price of OM5451 from Bac Lieu Food Company is VND6,500 / kg.
Mr. Nguyen The Tu – Head of Agriculture and Rural Development Department of Phung Hiep District, Hau Giang Province – Information: “The whole new district of Tan Binh is harvesting winter-spring rice with an area of about 1,000 hectares. Long-grain rice was sold at 5,800 VND / kg, IR50404 rice was 5,600 VND / kg. This case, the farmers are profitable because of the cost of production is only 3,600 VND / kg. According to Mr. Tu, last month, rice prices here only fluctuate from 4800 to 5000 VND / kg.
Before the Lunar New Year, Mr. Nguyen Cong Ly (Phuong Thinh commune, Cao Lanh district, Dong Thap province) harvested 10 hectares of aromatic rice and IR 50404 rice. great. According to this farmer, rice prices are inching up, benefiting growers. “Traders came to my rice field to buy Nang Hoa at VND6,500 per kg, IR50404 at VND5,500 per kg, up VND200-300 per kg over the previous month. At this price, when selling rice Nang Hoa, I say 30 million / ha; Rice IR50404 words about 25 million/ha.
Before the Lunar New Year, Mr. Nguyen Cong Ly (Phuong Thinh commune, Cao Lanh district, Dong Thap province) harvested 10 hectares of aromatic rice and IR 50404 rice. great. According to this farmer, rice prices are inching up, benefiting growers. “Traders came to my rice field to buy Nang Hoa at VND6,500 per kg, IR50404 at VND5,500 per kg, up VND200-300 per kg over the previous month. At this price, when selling rice Nang Hoa, I say 30 million / ha; Rice IR50404 words about 25 million / ha.
Similarly, Le Van Lam, from Tan Phuoc commune, Tan Hong district, Dong Thap province, said that the rice crop this year, farmers in the region are happy to escape the “curse” with the chorus ” or “lost season”.
In the types of rice farmers are cultivated here, the flower is the highest price at 6,300 VND / kg, about 800 VND / kg higher than the same period. At the same time, the most popular rice is “IR50404”, which is about 300 VND / kg higher than last year (standing at 5,300 VND / kg). Other long-grain varieties also reached 5,600 VND / kg, while last year less than 5,000 VND / kg. “I have just harvested about 10 hectares of total more than 30 hectares, yielding 7 tons per hectare and sold 6,400 VND / kg nearly a month ago. The remaining area will be harvested in the coming days. Although harvesting on the occasion of Tet, but sold high prices, farmers here are happy for a long time to get such big Tet, “Mr. Lam said.
Good rice export
According to the Ministry of Agriculture and Rural Development, rice export volume in February is estimated at 397,000 tons, valued at 197 million USD, bringing the total rice export volume in the first two months of 2018 to 889,000 tons and 437 million USD, up 21% in volume and increase 39.6% in value over the same period in 2017. Rice export price in Jan-Jan 2018 average reached 486 USD / ton, up 13.6% over the same period.
Vo Nguyen Nam, director of the Department of Industry and Trade of An Giang province, estimated that in the first two months alone, enterprises in the province exported $ 120 million, equivalent to 30,000 tons of rice, up by 20% over the same period. Period. Most of the contracts are signed in November and December 2017. Meanwhile, the new contracts have just been signed to the end of spring rice crop to deliver new products to partners. Some countries like Myanmar, Philippines, Indonesia are running out of rice stocks should continue to buy.
According to Mr. Nam, in the first 6 months of this year, the situation of rice export will be relatively stable with high value. Long grain rice is at $ 400 / tonne, higher than the same period from $ 70-80 / ton. For aromatic rice is also very high price about 440 USD / ton, higher than April -2017 (when the price of rice exports reached the highest of $ 380 per ton). The other reason is because some countries like Myanmar or the Philippines, in addition to government contracts also open more commercial contracts for Vietnamese enterprises, the export of rice is very convenient. The traditional rice market of Vietnam is still Southeast Asia and China.