In the Binh Thuan province of Vietnam, farmers lose money in cashew orchards that is full of old trees

Published 2021년 5월 10일

Tridge summary

Cashew farmers in the Ham Tan district of Binh Thuan province, Vietnam, are facing significant challenges due to poor crop yields and rock bottom market prices. The past two years have brought adverse weather conditions, including heavy rainfall at the wrong times and prolonged sunshine, which have devastated the cashew crops. As a result, farmers are struggling to make ends meet and are contemplating converting their cashew farms to more profitable crops like acacia, longan, mango, and mandarin. The district's Department of Agriculture and Rural Development has been urged to assess the situation and provide support to the affected farmers. Meanwhile, the price of fresh cashew in the area has plummeted due to small, low-quality crops caused by unfavorable weather and pest issues, leading to a grim outlook for the sector.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Mr. Ngo Dinh Chien, Chairman of Tan Thang Farmers Association (Ham Tan district, Binh Thuan province) shared: “More than 80 hectares of cashew in the commune mostly dry cotton, few fruits, even high-yield grafted cashew. The fruit is too few, so in the harvest season, people seem to be able to “pick” it. Like my family has planted 1 hectare of grafted cashew, this whole crop is not enough money, not enough money for fertilizers, medicine ... Due to the time when the cashew was flowering, there was heavy rain in the wrong season, then the sun was fierce. For 2 years in a row, the weather was not favorable, the things were so disappointing not only in this locality but also in other places in Ham Tan district! "... In Thang Hai commune, too, many households growing cashew in the remote areas of Suoi Bang also fell into a bleak situation because of the quiet cashew season. A farmer household owning a large cashew orchard said: “A few years ago, my family's 2 ha of cashew collected ...
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.