News

Sweet potato prices increase sharply, and farmers collect billions in Vietnam

Sweet Potato
Vegetables
Vietnam
Published May 17, 2023

Tridge summary

Dak Lak province currently has about 10,000 hectares of sweet potatoes, this year's output is estimated at 280,000 - 300,000 tons. With the signing of the Protocol with China for this commodity to be exported to the country of billions of people, the price of sweet potatoes in Dak Lak has been higher than every year.

Original content

Billions of income Many years of sticking with the Japanese sweet potato plant, Mr. Nguyen Dinh Vinh (living in Dak Nue commune, Lak district) said that there has never been a year as excited as this year because of the good harvest and price. Mr. Vinh's family grows 7 hectares of Japanese sweet potatoes with yellow flesh in the direction of VietGAP, all in the direction of biology, using high technology and micro-fertilizers for farming. Especially, this year the weather is favorable, the yield per hectare is estimated at 25-30 tons. After deducting expenses, people earn from 250-300 million VND/ha. According to Mr. Vinh last year, the price of sweet potatoes was low, people only sold 40 million VND/ha. Meanwhile, people invest 120 million VND/ha of sweet potatoes. Calculating, each farmer who grows potatoes loses about 80 million VND/ha. "This is the first time in more than 10 years of growing potatoes that the price is so high. With the current selling price, the family earns ...
Source: Agriculture
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