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  • Cashew nut prices, farmers fairly rate

    May 21st, 2016

    According to calculations by farmers, cashew prices at current high levels, if they had invested in intensive farming and productivity that reached from 2.5-3 tons / ha, farmers income that nearly 100 million / ha, after deducting the cost of interest on the remaining 70 million / ha.

    From early May to date, the purchase price of cashew nuts in Binh Dinh soared, interest income rather cashew growers. This time, traders are purchasing cashew nuts in the garden of Cat Tuong Commune (Phu Cat district) at price of 32,500 VND / kg, higher than last year by 10 - VND12,000 / kg.

    According to calculations by farmers, cashew prices at current high levels, if they had invested in intensive farming and productivity that reached from 2.5-3 tons / ha, who rounded g thing nearly 100 million income / ha, after deducting the cost of interest on the remaining 70 million / ha.

    Caused by extreme weather, hot sun prolonged drought crop failure that many localities; while demand for raw materials for processing cashew quite large.


    Source: Agriculture Vietnam