fertilizer prices today, May 19, 2022: Domestic fertilizer prices have not fluctuated while world fertilizer prices continue to rise. Farmers in many provinces in the Mekong Delta are gradually reducing their rice growing areas. The reason is that the more they work, the more they lose because the prices of materials, fertilizers, pesticides and labor are constantly climbing. The agricultural sector in many localities has recommended that farmers change their farming methods, sow and plant according to the correct process, increase the use of organic fertilizers instead of inorganic fertilizers… to reduce costs. However, many farmers said that switching to organic production is “easy to say but difficult to do” because of high costs and low initial efficiency. Mr. Nguyen Trung Phuong (Tan An Luong commune, Vung Liem district, Vinh Long) said that although he was very “heartbroken”, his family decided to abandon the summer-autumn rice crop “because the prices of fertilizers, agricultural materials, and rice seeds have all increased, and other rental costs have also increased. We are both working and worried about losses”. According to Mr. Phuong, since the beginning of the year, a series of input costs for rice have continuously increased, especially the price of fertilizer, which is currently at 1-1.5 million VND/bag, causing farmers to suffer heavy losses. Mr. Phuong also said that up to now, his family has sown 3 crops every year, but this year they have only sown 2 crops and are “both working and worrying” because the input costs are too high and they do not know what the rice price will be. “Because we are worried that the more we work, the more we will lose. Now traders regulate the price and time for cutting rice, waiting for the rice to dry on the tree before cutting, causing the rice to lose weight. Farmers are the ones who suffer,” said Mr. Phuong. #fertilizer_price #farmers #western region #fertilizer_price #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials #news #agriculture
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Fertilizer prices today, May 19, 2022: Domestic fertilizer prices of all kinds have not changed
