Vietnam: An Khe Sugar Factory supports crop conversion

Published 2024년 10월 23일

Tridge summary

In the 2023-2024 crop year, sugarcane acreage in Dong Gia Lai has increased due to An Khe Sugar Factory's record-high purchase prices, resulting in significant profits for growers. Despite challenging weather, the average yield is expected to exceed 73 tons per hectare, with a total output of over 2.3 million tons. An Khe Sugar Factory is expanding its cultivation area and has introduced policies to support crop conversion and secure purchase prices for the next four years. Gia Lai province aims to maintain a stable sugarcane area of about 38,000 hectares by 2025, focusing on mechanization and sustainable practices.

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Original content

Sugarcane acreage continues to increase In the 2023-2024 crop year, the average sugarcane yield in the Dong Gia Lai raw material area of An Khe Sugar Factory (a unit under Quang Ngai Sugar Joint Stock Company) is 90 - 100 tons/ha. Meanwhile, the sugarcane purchase price of the factory is the highest ever, ranging from 1,100 - 1,200 VND/kg, sugarcane growers have a profit of 30 - 40 million VND/ha. Sugarcane growers in the Dong Gia Lai area including Kbang, Kong Chro, Dak Po districts and An Khe town are extremely excited because their pockets are full of money. According to Mr. Nguyen Hoang Phuoc, Deputy Director of An Khe Sugar Factory, in 2024, despite unfavorable weather and prolonged high temperatures, the average sugarcane yield will reach over 73 tons/ha; the estimated output will reach over 2.3 million tons. On October 23, 2024, An Khe Sugar Factory started plowing the land to grow sugarcane on an expanded area, which was previously used to grow other ineffective crops, but ...

Source: Agriculture