November 21, 2016

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Short-life paddy price drops in Thaton, farmers stuck with high yield

Paddy fields being seen in Thaton Township.
Paddy fields being seen in Thaton Township.

Although there was a high yield of short-life paddy with a 90-day-yield, the price of short-life paddy has dropped in Thaton township, Mon state due to low demand, it is learnt from paddy growers.
“We were expecting quite a good price from this year’s harvests. But farmers will be stuck with all the rice they have grown. The growers sells the short-life paddy to fulfill their field requirement. This time, the farmers were faced with difficulty when the price fell for short-life paddy, said local farmer U Thein Myint.
Farmers from Thaton township grow both long-life and short life-paddy in the region.
“The prices of paddy fell this year because of lower demand from foreign countries. The drop in the price of the paddy impacted not only farmers but also rice sellers,” said U Shwe Wa, a rice seller.
In Thaton region, the paddy plantations yield over 6.1 million baskets from over 123,000 acres of paddy fields every year.
In 2015, the 100 baskets of short-life paddy fetched Ks0.7million, 100 baskets of Eimahta paddy fetched around Ks0.6million and 100 baskets of Meedon paddy fetched Ks0.6million.
In 2016, Pawsan paddy fetched Ks0.5million for 100 baskets and Eimahta paddy fetched Ks0.4million for 100 baskets and Meedon paddy fetched Ks0.4million for 100 baskets.

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