Rice farmers face losses as paddy prices drop
Nguyen Thanh Loc of An Giang Province recently harvested his three hectares of paddy, which he then sold for VND6,200 (US$0.24) per kilogram. That was VND1,300 lower than what he and traders had agreed on a week earlier. With fertilizer costing 10-15% more than in previous harvests, the drop in paddy prices caused him tens … Read more