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Wednesday, 24-6-26 19:51:31

Economics

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The delicate bottomline

At the time, farmers throughout the provinces and cities from the North to the South are worried about falling orange prices. In such situation, Binh Duong farmers are no exception as the price of oranges in bloom is unsurprisingly falling again in every harvest.

In contrast, oranges were very expensive about 5-7 years ago but the supply always failed to meet the demand. The price of on-the-shelf oranges can sometimes go up to VND 30,000 or even VND 40,000 per kilo but still not enough to sell. Before the price of oranges, many farmers thought they would get rich thanks to the crop, so they had invested, not to mention that oranges are a fast-harvesting crop of only 1.5 to 2 years. The area of orange trees in particular and the orange trees in general is constantly expanding. Then, it was unfavorable again when the price of oranges dropped dramatically.

Currently, information is spreading that farmers are trying to timber down oranges and pomelos to grow durian. It was not that they diđ not know the risks of planting new varieties, but with the current high price of durian, many farmers would rather take the risk to plant a new one. At first, we might think of the vicious circle of timbering and planting without knowing how long it would last.

The story of managing the planting area in detail about the area, types of trees, varieties, harvest time, expected output among others to forecast the times when the output increases abnormally to proactively find the said sales, then, say it over and over, but there are still too many personal difficulties that only those involved could understand. Farmers have the rights to decide on their properties, farming methods, and plant varieties. All instructions and warnings are for reference only. The most important thing must change from the perception of the insiders.

Reported by Khai Anh – Translated by Vi Bao

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