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Due to various reasons, the price of a bag of chemical fertilizer rose from 25,000 kyats to 44,000 kyats, and farmers who planted seeds in the rainy season faced difficulties
.
A farmer, Wu Zuo Dingmiao, said that rising chemical fertilizer prices have caused insufficient fertilization, and we are worried that rice production in the coming year will be affected
.
In order to reduce the pressure and reduce the planting area, we chose to reduce the amount of fertilizer
.
Compared with previous years, this year's fertilizer prices have risen very sharply
.
.
In order to reduce the pressure and reduce the planting area, we chose to reduce the amount of fertilizer
.
Compared with previous years, this year's fertilizer prices have risen very sharply
.
Wu Kaimaosan, a villager in Lega Village, Myahang Township, Rakhine State, said that because of the increase in fertilizer prices, farmers were forced to reduce their planting area, not including other expenses.
The fertilizer alone has already caused us to face difficulties
.
Farmers do not have excess funds in their hands.
If the price of farming equipment rises again, we will face more severe difficulties
.
The fertilizer alone has already caused us to face difficulties
.
Farmers do not have excess funds in their hands.
If the price of farming equipment rises again, we will face more severe difficulties
.
Du Maidan, the person in charge of a fertilizer store, said that the price of a 50 kg bag of fertilizer has doubled, from 25,000 kyats to more than 40,000 kyats
.
The increase in fertilizer prices is related to the decrease in imports and the rise in the US dollar exchange rate
.
At present, the wholesale price of a bag of chemical fertilizer is as high as 42,500 kyats, and the market price is 44,000 kyats
.
.
The increase in fertilizer prices is related to the decrease in imports and the rise in the US dollar exchange rate
.
At present, the wholesale price of a bag of chemical fertilizer is as high as 42,500 kyats, and the market price is 44,000 kyats
.
It is reported that sales of fertilizer shops continue to decline due to price increases.
Farmers say that in addition to the increase in fertilizer prices, the expenditure on labor and equipment will also be higher than before
.
In addition, at the end of May, branches of the Agricultural Bank of China, including the capital Naypyidaw and Bago Province, issued a new round of rainy season loans to farmers who have settled their agricultural loans for 2020
.
It is reported that farmers who did not pay last year's rainy season loans will not be able to continue to apply for rainy season loans this year.
If they are overdue, they will have to pay a penalty for breach of contract
.
Farmers say that in addition to the increase in fertilizer prices, the expenditure on labor and equipment will also be higher than before
.
In addition, at the end of May, branches of the Agricultural Bank of China, including the capital Naypyidaw and Bago Province, issued a new round of rainy season loans to farmers who have settled their agricultural loans for 2020
.
It is reported that farmers who did not pay last year's rainy season loans will not be able to continue to apply for rainy season loans this year.
If they are overdue, they will have to pay a penalty for breach of contract
.
