Working on more than 1 hectare of rice field, up to now, Ms. Nguyen Thi Lam's family (Nghi Lam commune, Nghi Loc district) has finished harvesting the summer-autumn rice. Ms. Lam sold nearly 3 tons of rice harvested from this crop to traders. Ms. Lam said: "I planted the entire summer-autumn rice area with Khang Dan 18 variety to sell to traders because the rice left over from the spring crop is still edible. This year, the rice price has increased so much that I am very excited. The price of summer-autumn rice has never increased as much as this year. Khang Dan rice sold fresh in the field is 6,300 VND/kg (an increase of nearly 1,500 VND/kg compared to previous years) and is higher than the price of spring rice."
This summer-autumn crop, Mr. Nguyen Van Ha's family (Dai Dong commune, Thanh Chuong district) only cultivated 2/3 of the rice area compared to the spring crop. Although there was a severe drought at the beginning of the crop, thanks to good care, the rice yield was still high, approximately 2.8 quintals/sao. "7 sao of rice yielded nearly 2 tons. All were sold to traders at 6,400 VND/kg. This price is the highest ever. This summer-autumn crop, input material prices decreased, rice prices increased, so after deducting costs, there was still a profit of nearly 6 million VND. In addition, 7 sao of straw also sold for more than 1 million VND."
Mr. Ha said that summer-autumn rice is usually a short-term flood-resistant rice variety, harvested when it is only 80% ripe, so the quality is not as high as spring rice, so the price of rice is often lower than that of spring rice. This year, the sunshine has lasted longer, the rice has also ripened more evenly, the yield is also quite even, especially, the price of rice is on the rise, so the price of fresh rice is also purchased by traders at a high price.
In Nam Dan, people are also urgently harvesting summer-autumn rice. Because of the good price, people sell fresh rice right in the field, the price of fresh rice fluctuates from 6,000-6,500 VND/kg. “Not only has the price of rice increased, but it is also easier to sell, and more traders come to the field to buy. Households that make vermicelli, make wine, etc. also place orders right after harvest. The price of dried, clean rice is up to 7,800-8,300 VND/kg. Taking advantage of the sun, I bring it home to dry, clean, and then sell it to households that have placed orders in advance,” said Mr. Nguyen Van Hanh, a farmer in Nam Xuan commune.
These days, in the fields of Dien Chau, Nghi Loc, Yen Thanh... people are urgently harvesting rice, traders inside and outside the province also drive trucks to the fields to buy. Many traders also go through the hamlets to widely inform households with rice about the purchase price of each rice variety; creating price competition, people are not forced to pay higher prices.
According to rice traders, the prices of all types of rice in the 2023 summer-autumn crop have increased compared to last year and reached the highest level in the past 3 years. Mr. Nguyen Van Duy, a rice trader in Dien Ky commune (Dien Chau district) said: "Through local contacts, when people harvest in full swing, we send trucks to the fields to buy for people. The price of rice is higher but it is also more difficult to buy when many traders from inside and outside the province come."
As a company specializing in purchasing and processing rice, this summer-autumn crop, Vinh Hoa Science and Technology Company Limited (Vinh Thanh Commune, Yen Thanh District) plans to purchase about 5,000 tons of rice for farmers at prices ranging from 5,800 - 8,000 VND/kg (depending on the rice variety). This is considered the highest price in the past 3 years.
The increase in rice prices is due to the fact that the rice market across the country is bustling, with the demand for goods collection from companies, businesses, and traders increasing. In addition, due to the impact of the world food market when many countries increased their rice reserves, rice exports increased, pushing up the price of rice in the provinces of the Mekong Delta, so the price of rice in Nghe An also increased.
“In previous years, rice prices in Nghe An were often higher than those in the southern provinces. But this year, rice prices in the Mekong Delta provinces have increased sharply, and are currently higher than in Nghe An. Therefore, traders from the northern provinces are flocking to the central provinces to buy large quantities of rice,” said Ms. Phan Thi Hao, Deputy CEO of Vinh Hoa Science and Technology Company Limited.
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