Rice price – rice market information today May 17, 2022: Summer-autumn rice market has good transactions

rice price today, May 17, 2022: Summer-autumn rice market is trading well. rice prices today in the Mekong Delta provinces continue to have no fluctuations, the summer-autumn rice market is trading well, and the glutinous rice supply is low. Demand for dry rice has increased. Farmers in the Mekong Delta provinces who sow the summer-autumn crop are full of anxiety as production costs weigh heavily. According to many farmers, since the beginning of the year, a series of input costs have “danced”, especially the price of fertilizer has increased continuously, causing heavy losses for rice farmers. In addition to the cost of fertilizers, such as a bag of NPK fertilizer currently priced from 1-1.5 million VND, the cost of hiring labor for plowing, harvesting, etc. has eaten up all the profits. Therefore, although it is said that “summer-autumn rice is always more expensive than the winter-spring crop”, according to Mr. Nguyen Hoang Tam, a farmer in Vinh Long, “the price of materials is high, farmers have to take a break from the crop to improve the soil in the hope of reducing costs for the next crop, because the more they work, the more they will lose. Farmers live on rice, knowing that it is not profitable but cannot leave the land empty. #rice_price #agriculture #fresh_rice_price #farmer #farm #ir50404 #Fresh_rice_husk #Long_An_sticky_rice #OM9577 #OM9582 #OM5451 #NangHoa9 #OM6976 #OM18 #Japanese_rice #Western_Farmer #Farmer_news #Market_prices

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