Vietnam: Cashew trees give poor results

Published 2024년 4월 17일

Tridge summary

Cashew farmers are experiencing a challenging season for the 2024 harvest, with significant declines in both the yield and quality of cashew nuts due to heat and drought conditions. This environmental impact has led to a decrease in market prices, falling from 25-26 thousand VND/kg at the season's start to 20-21 thousand VND/kg during the harvest, marking a 2-3 thousand VND/kg reduction compared to previous years. The lower prices reflect the adverse effects of the dry weather on the nut's quality and size. Furthermore, the area dedicated to cashew cultivation has seen a sharp decline, now limited to over 27 thousand hectares, primarily in regions lacking adequate water resources and unsuitable for crop conversion.

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

Original content

According to cashew farmers, in the 2024 harvest, the yield and quality of cashew nuts will decrease sharply compared to the same period last year. The cause is heat and drought, which affects grain yield and quality. Not only did the crop fail, the market price of cashew nuts was also low. At the beginning of the season, cashew prices fluctuate from 25-26 thousand VND/kg, but starting the harvest season, the price of cashew nuts decreased to only about 20-21 thousand VND/kg, 2-3 thousand VND/kg lower than the same period every year. Part of the reason for the lower price of cashew nuts is due to poor quality, smaller nuts due to the effects of dry weather. Over the years, the area of cashew trees in the province has decreased sharply because this is a poor crop. Currently, the whole province has just over 27 thousand hectares ...

Source: Baodongnai