Vietnam: Purchase prices of Dong Xuan peanuts increased highly

Published 2021년 5월 10일

Tridge summary

Binh Dinh province in Vietnam has seen a surge in peanut cultivation, with farmers planting on nearly 8,000 hectares in the winter-spring crop 2020-2021, a rise of almost 500 hectares from the previous year. The result is a productive season with an average yield of nearly 40 quintals per hectare and over 70 million VND in profit per hectare, thanks to the adoption of advanced farming techniques and efficient peanut varieties. The district of Phu Cat was particularly successful, harvesting more than 3,700 hectares of peanuts, and other districts like Tay Son also saw increased yields.

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Original content

However, many farmers do not sell, but leave oil pressed because peanut oil is now popular with many people because of its healthful products. In the province, there are many businesses that buy peanuts to make oil and register OCOP products and sell them to the market at high prices. Mr. Tran Van Phuc, Director of Binh Dinh Department of Agriculture and Rural Development, said that up to now, farmers in the area have finished harvesting the entire area of peanuts in the winter-spring crop 2020-2021 with average yield. the army reached nearly 40 quintals / ha. In the Winter-Spring crop of 2020-2021, Binh Dinh farmers plant peanuts on the total area of nearly 8,000 hectares, an increase of nearly 500 hectares over the same period last year; in which, many areas are converted from inefficient rice land. According to the Binh Dinh Department of Agriculture and Rural Development, farmers in the area grow many different peanut varieties such as: L14, TB 25, HL 25, LDH 01, peanut, ...

Source: Vinanet