Rice price today March 23, 2022: Rice price stabilizes after a slight decrease yesterday

rice prices today March 23, 2022: Rice prices are stable after a slight decrease yesterday. Today’s rice prices in the Mekong Delta provinces are mostly stable, except for ST rice, which increased sharply. Rice transactions are slow, and the area of ​​​​rice that has not been deposited is small. According to businesses, the amount of raw rice imported is large, warehouses are slow to buy, choosing prices and choosing surfaces. Prices of all types of rice have slightly decreased. Currently, localities have harvested nearly 100% of winter-spring rice, but profits are very low. The production cost of winter-spring rice in the 2021-2022 winter-spring crop in the Mekong Delta is estimated at about 3,266 VND/kg, an increase of 198 VND/kg compared to the 2020-2021 winter-spring crop. However, according to insiders, the production cost of winter-spring rice in the 2021-2022 winter-spring crop in the Mekong Delta is much higher. With the 2021-2022 winter-spring rice yield of about 720 kg/cong, the additional cost in this winter-spring crop is about 1,400-1,500 VND/kg, meaning the production cost of the 2021-2022 winter-spring crop is about 4,500-4,600 VND/kg. Thus, from information from rice production enterprises that purchase products for farmers such as Mr. Thanh and Ms. Lien, the current rice production cost is about 4,500 VND/kg, meaning the investment cost is about 32.4 million VND/ha. Preliminary calculations show that for each hectare of rice production, farmers only earn a very modest profit of about 7.2 million VND. ==================== 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. The Western Farmers Channel will regularly update rice prices for farmers to follow, avoiding being forced to lower prices by traders. *********************************************** Thank you everyone for taking the time to watch the channel’s videos. Remember to like and subscribe to the channel to support the Western Farmers! ==================== Youtube channel providing information on products, prices, care techniques, and farming techniques of the Western Farmers. Follow the Western Farmers channel: Follow the Farmers’ News channel: Follow the Western Agricultural Market Prices channel: Facebook Group: #rice_price #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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