Vietnam: Prices of green squash and beans dropped, Quang Nam farmers lost money

Published 2024년 4월 11일

Tridge summary

Farmers in Duy Phuoc commune, Quang Nam province, are experiencing severe financial strain as green squash prices plummet from 10,000 VND/kg to 1,500 VND/kg amid a surplus harvest, attributed to increased planting areas due to favorable weather and minimal pest issues. This oversupply, coupled with rising costs for fertilizers, pesticides, and gasoline, exacerbates the financial burden on farmers. Local authorities and the People's Committee are actively seeking solutions, including establishing market connections to help alleviate the situation. Efforts are also being made to encourage crop diversification and the adoption of technology to enhance agricultural efficiency and improve farmers' income, with over 1,900 hectares in the district dedicated to various crops.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the specialized green squash growing area of people in Duy Phuoc commune, Duy Xuyen district, Quang Nam province, these days, almost every house has tons of squash piled up in the garden. Mr. Huynh Van Hoa, in Duy Phuoc commune, said that this season, his family planted 4 acres of green squash and other vegetables and beans. Last year, for green squash alone, he earned nearly 40 million VND. This year, the price of squash dropped miserably. At the beginning of the season, the price of green squash bought at the garden was 10,000 VND/kg and is now only 1,500 VND/kg but it cannot be sold. According to Mr. Hoa, this year the weather was favorable and there were few pests, so people increased the planting area. By harvest time, the price of green squash dropped sharply. “This year's green squash is big but no one is buying it, so farmers are facing difficulties. We hope that the local government will pay attention and help people feel secure in their production," Mr. Huynh Van Hoa ...

Source: Vov