Vietnam: The prices of chili peppers and squash fell due to the Covid-19 pandemic; farmers are struggling

Published 2021년 5월 25일

Tridge summary

The article highlights the challenges faced by farmers at Tuy Loan Safe Vegetable Production and Service Cooperative in Da Nang due to the Covid-19 pandemic and unfavorable weather conditions. Specifically, the recurring epidemic has significantly impacted the market value and demand for key crops, such as chili peppers and squash, leading to substantial financial losses for the farmers. The chili pepper, usually selling for 20,000-30,000 VND/kg under normal circumstances, has seen its price plummet to 5,000 VND/kg, causing issues with over-ripening and plant death. Similarly, squash prices have dropped to 4,000 VND/kg, resulting in slow sales and potential waste. In response, the cooperative is attempting to support farmers by promoting the consumption of agricultural products and providing training for value-added processing of chili peppers. However, the lack of stable output and consumer interest in these products poses further challenges for the farmers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Coming to Tuy Loan Safe Vegetable Production and Service Cooperative these days, the landscape is generally dreary and dry because of the scorching sun, the production atmosphere is gloomy, and there are few farmers visiting the fields. Since Tet, Ms. Huynh Thi Truc (70 years old) has planted 2 sao of chili and has now started the harvest. It was thought that this time the chili field was full of fruit and the harvest was better than every year, which would bring a good source of income, but the recurrence of the Covid-19 epidemic made Ms. Truc not know how to manage. "It's also because of Covid-19 that this year chili has a good season but its price has fallen, traders buy it on a drip, the market meets every 3 days, so it is more difficult to sell. At the beginning of the crop in previous years, chili was very expensive and sold. from 20,000-30,000 VND/kg, some days can sell as much as 40kg of chili.In the past two years, because of the epidemic, chili peppers only cost 5,000 ...
Source: Danviet

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.