Many chili pepper farms at Binh Khuong Commune in Binh Son District are left empty because price of chili pepper fells from VND40,000-50,000 in early crop to VND5,000-6,000 a kilogram.
Farmers have invested VND2-3 million on a 500 meter square land; as a result, they have suffered huge loss.
Farmer Nguyen Thi Hoa has two lands with 1,000 meter square for growing chili pepper but only harvest around 50 kilogram every three days.
Farmer Nguyen Thi Hoa has two lands with 1,000 meter square for growing chili pepper but only harvest around 50 kilogram every three days.
So far, she has left the land fallow when the price went down. She spent VND5 million on the farm but got no profit. Now, traders even refuse to buy dried pepper.
Chairman of People’s Committee in Binh Khuong Commune Ly van Hoang said that the commune has seven hectares for growing chili pepper yet because price was down to VND5,000-6,000 per kilogram; thus, farmers suffered big loss so they no more took care of the farm.
Chairman of People’s Committee in Binh Khuong Commune Ly van Hoang said that the commune has seven hectares for growing chili pepper yet because price was down to VND5,000-6,000 per kilogram; thus, farmers suffered big loss so they no more took care of the farm.
