The rice price of winter-spring crop is high

​The rice price of winter-spring crop is high

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Farmers at Tan Binh commune, Vinh Cuu district harvest the crop of winter-spring rice 2022-2023

Currently, many rice growing areas in the province are being harvested of the winter-spring rice crop in 2022-2023. The price of winter-spring rice increased sharply compared to the same period last year.

Specifically, the price of regular dry rice sold by farmers is 6,800 VND per kilogram, increases 500 VND per kilogram; ST 25 rice is priced at 10 thousand VND per kilogram, increases 1,800 VND per kilogram. The price of rice has increased thanks to the recent increase in the rice export market in terms of both value and output.

In addition to the reason for high prices, in this year's harvest, rice farmers also increase profits thanks to the increase in rice yield by 10-20% compared to the same period last year. In the crop of winter-spring rice 2022-2023, the province has planted more than 15,000 hectares.​