In Vietnam, Tra Vinh farmers collect 50 million VND per hectare of peanuts after 2 months of farming

Published 2024년 4월 23일

Tridge summary

Farmers in the Tra Vinh hillock area are witnessing a prosperous winter-spring peanut crop season, with both productivity and prices seeing a significant rise from the previous year. The selling price of peanuts has nearly doubled to 15,000 - 18,000 VND/kg, and the average yield has improved to 9.5 tons/ha, attributed to the adoption of mist irrigation techniques. This has led to a notable profit of about 50 million VND per hectare for the farmers after a cultivation period of just over two months. The peanut cultivation area has expanded to nearly 5,000 hectares, taking over areas previously dedicated to rice due to water scarcity issues. An example of the success is Ms. Kim Thi Thao, who earned a profit of over 40 million VND from her 0.9 hectares of peanut farm.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Even though they are surrounded by salt water, farmers in the Tra Vinh hillock area are very excited because the winter-spring peanut crop has both productivity and price. Currently, peanuts in Tra Vinh are bought by traders right from the fields at prices ranging from 15,000 - 18,000 VND/kg depending on the type, nearly doubling compared to last year's bean crop. Meanwhile, thanks to the application of mist irrigation techniques, the average yield reached 9.5 tons/ha, nearly 2 tons higher than last year's winter-spring bean crop. Good intensive farming households achieve over 10 tons/ha and at the current selling price, each hectare of peanut farmers earn a profit of about 50 million VND after more than 2 months of cultivation. In this year's Winter-Spring peanut crop, most Tra Vinh farmers planted high-yielding bean varieties, on an area of nearly 5,000 hectares. This is one of the main crops converted from ineffective rice land due to insufficient water sources for irrigation. ...
Source: Vov

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