Sugar cane growers see high yields

Nearly 800,000 tonnes of sugarcane have been processed into around 55,000 tonnes of white sugar by 15 mills in the Cuu Long (Mekong) Delta and south-eastern region since the crushing season began last week.

With more than 75,000ha under cultivation in the two regions, the volume of sugarcane harvested during the 2009-10 crop is projected at 5 million tonnes, the Viet Nam Sugar Association said in a report released at a meeting held on Tuesday in the Mekong Delta province of Soc Trang.

Most factories had signed contracts to provide capital, fertilisers and sugarcane breeds to farmers and consume their produce, the report said.

Deputy Minister of Agriculture and Rural Development Bui Ba Bong said at the meeting that cities and provinces in the two regions, which are among the country’s largest sugarcane farming areas, should maintain the cultivation area.

He also called for closer co-operation between farmers and factories as well as among the factories themselves. The factories should participate in the sugar price stabilisation programme during the run up to the Tet (Lunar New Year) holiday, he added.

Sugarcane is currently being purchased in the Mekong Delta region at VND1.1-1.2 million (US$55-60) per tonne and at VND950,000-1 million (US$47-50) per tonne in the south-eastern region. — VNS

Tags:

Posted by VBN on Dec 9 2010. Filed under Agriculture. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

You must be logged in to post a comment Login

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS China Business News

  • “Gold companies used to trade at big premiums – not anymore”
  • Gold down by Rs 150, silver sheds Rs 1,000 on global cues
  • Gold positive on macros, investor interest, fundamentals
  • China’s nickel import demand ‘surging’ as macquarie says it’s more bullish
  • Gold, silver prices continued to surge at the domestic bullion market
  • Barrick outlines new Nevada gold discoveries
  • Paul Law says gold product demand may slow on price: Video
  • Is the gold market getting overheated?

Sponsored

Looking for an overseas forex broker?