Rice price today August 1, 2022: Rice price at the beginning of the month has no new fluctuations

rice price today August 1, 2022: Rice price at the beginning of the month has not changed. rice price today in the provinces of the Mekong Delta continues to remain stable. The summer-autumn rice market is more active. A report from the General Department of Agriculture under the Ministry of Agriculture, Forestry and Fisheries of Cambodia said that in the first six months of this year, Cambodia exported over 1.7 million tons of rice, equivalent to about 900,000 tons of finished rice, to Vietnam. This amount of exported rice is worth more than 336 million USD, an increase of 20% over the same period last year. Vietnam exports about 6-6.5 million tons of rice each year and is one of the three largest rice exporting countries in the world today. Therefore, the information that Vietnam imports a large amount of rice from Cambodia surprised many people. However, Mr. Nguyen Thanh Long, Director of Gao Viet Company Limited, said that the import of rice from Cambodia has been going on for many years. In particular, in recent years, the rice output imported from Cambodia has increased because many Vietnamese individuals and businesses have come to this country to rent land to grow rice and then harvest and transport it back to Vietnam. “The land area that can be used to grow rice in Cambodia is still large, so Vietnamese people come to rent large areas to reduce the cost of growing and harvesting. Moreover, the soil in Cambodia is also very suitable, the rice has good yield and quality. Rice grown by Cambodian people also uses less pesticides and chemical fertilizers, so the quality is guaranteed,” Mr. Long analyzed. #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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