Rice price – rice market information today May 25, 2022: Dry rice price drops slightly

rice price today, May 25, 2022: Dry rice price drops slightly. rice prices today in the Mekong Delta provinces have not fluctuated, demand for dry rice is slow, prices drop slightly. Farmers respond when agricultural material prices increase According to information from Can Tho newspaper, at this time, many summer-autumn rice crops in the city are only at the flowering stage to green maturity, ready to ripen. Many traders have come to the fields to deposit money to buy rice. Traders deposit money to buy fresh rice IR50404 at a price of 5,500 – 5,550 VND/kg. Long-grain rice varieties such as OM 5451, OM 380, OM 18… cost 5,600 – 5,800 VND/kg. According to many farmers, most traders deposit about 200,000 – 400,000 VND/cong of rice. Thanks to traders who have placed early deposits to purchase rice, farmers are somewhat assured about the output of this summer-autumn crop. However, the rice price offered by many traders is about 200 – 300 VND/kg lower than the same period in the summer-autumn crop in 2021. Farmers hope that rice prices will improve in the coming time to ensure profits, especially when fertilizer prices and many input costs are increasing at very high levels. Besides households that have received deposits and agreed to sell rice, there are also many farmers who wait until the rice harvest date to “finalize the price”, hoping to sell at a higher price than the current price. #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

source