Dien Chau peanut prices drop sharply

(Baonghean.vn) - Currently, Dien Chau farmers are in the mass harvest season of nearly 3,000 hectares of spring peanuts. Although the yield is quite high, about 3 quintals of fresh peanuts/sao, the price of peanuts has decreased quite low.

If in the spring of 2016, the price of fresh peanuts fluctuated from 14-15 thousand VND/kg, now it is only 10 thousand VND/kg, the price of dried peanuts from 27 thousand VND/kg now decreased to 21 thousand VND/kg. Therefore, if a sao of peanuts last year people could earn more than 4 million VND, now it is only about 3 million.

Dien Chau people are harvesting spring peanuts en masse. Photo: Mai Giang

Peanut prices have fallen, but businesses and export agents are still buying less because foreign peanut prices are also falling. In addition, the continuous rain makes harvesting and preservation difficult. Traders are also unable to buy and stockpile because there is no sun to dry them.

Peanuts have a fairly high yield but the price is lower than previous years. Photo: Mai Giang

It is expected that this spring crop, the whole district will produce about 18 thousand tons of fresh peanuts. In previous years, about 30% of the peanut output was sold fresh in the field to traders, but this year, only about 10% of the output was sold.

Mai Giang

Dien Chau Radio Station