Mekong Delta authorities warn about excessive rice stockAuthorities in the Mekong Delta said farmers might face losses from excessive supply due to overproduction of Japanese rice varieties. Farmers growing Japanese rice en massThousands of hectares of Japanese rice has been grown as the rice is suitable for various types of soil and doesn't attract many pests. Even though the Mekong Delta authorities haven't given permission to mass cultivate this variety, it has been sowed across 43,000 hectares, mostly in Kien Luong, Hon Dat and Giang Thanh districts. The authorities worry that the oversupply might cause a price drop as Japanese rice is still new to domestic customers. The local authorities advised farmers to grow Japanese rice only under contract.
Source: VietNamNet News July 26, 2017 03:56 UTC