Sugarcane prices a bitter pill in DeltaVietNamNet Bridge – Many farmers in the Cuu Long (Mekong) Delta have suffered losses in the 2017-18 sugarcane crop because of low prices. Farmers in Long Phu Township, Long Phu District of the southern province Soc Trang cut down their sugarcane as prices dipped. In Cu Lao Dung District, sugarcane on many fields has become over-mature but their owners cannot find buyers. SwitchingWith the low sugarcane prices and demand, many farmers in the Delta have begun to switch to other crops. Dang Quoc Huy, who has a 5,000sq.m sugarcane field in Cu Lao Dung District, said he harvested the 2017-18 sugarcane crop but suffered a big loss.


Source:   VietNamNet News
April 05, 2018 23:48 UTC