Rice price – Rice market information today March 4, 2022: Winter-spring rice profits decline

rice price today March 4, 2022: Winter-spring rice profits in the Mekong Delta have dropped dramatically. Today’s rice prices in the Mekong Delta provinces have stagnated and are trending sideways. Rice prices are stable, with few new customers. Dry sticky rice prices are low, traders are taking rice slowly, waiting for prices to increase. Raw rice is on the decline. The trading market is stable. According to businesses, today the amount of raw rice has been coming in slowly, warehouses are buying a lot of raw rice, and less white rice. Currently, farmers in the Mekong Delta are harvesting winter-spring rice, but the skyrocketing input costs have caused profits to shrink, making it difficult to invest in new crops. The 2021-2022 winter-spring rice fields in Kenh 4B hamlet (Tan An commune, Tan Hiep district, Kien Giang) are in the peak harvest season, but farmers are not happy because the profits are not much. Mr. Ngo Cong Sinh, a farmer in the hamlet who invested in 60 hectares of land (nearly 8 hectares) has scheduled the harvest for another week, because the rice crop is cut later than the surrounding fields. Flipping through his notebook, Mr. Sinh calculated: “Just the cost of buying fertilizer and pesticides alone has cost more than 2 million VND/cong, almost double. Normally, only 1-1.2 million/cong is already very high. Should I abandon the fields? The cost keeps increasing every day, so investing in rice farming is not worth the profit.” ==================== Western Farmer Channel Updates Fresh Rice Prices in the Western Provinces, An Giang (Detailed prices are on the screen for farmers to easily follow). Remember to subscribe to the channel to update the earliest rice prices. Western Farmer Channel will regularly update rice prices for farmers to follow, avoiding being forced to lower prices by traders. ************************************************ Thank you for taking the time to watch the channel’s videos. Remember to like and subscribe to the channel to support Western Farmers! ==================== Youtube channel provides information about products, prices, care techniques, and farming techniques of Western Farmers. Follow the Western Farmers channel: Follow the Farmers’ News channel: Follow the Western Agricultural Market Prices channel: Facebook Group: #rice_price #nongnghiep #fresh_rice_price #nhanong #ir50404 #Fresh_sticky_rice #Long_An_sticky_rice #OM9577 #OM9582 #OM5451 #NangHoa9 #OM6976 #OM18 #Japanese_rice #Western_Farmers #Farmer’s_News #Market_Prices

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