You can read daily news of Global New Light of Myanmar using mobile applications. Download now!

July 13, 2020

Low yield, fall in price worry fermented soya bean growers

Local farmers are unhappy with the falling prices of fermented soya bean in Ngazun Township in Myingyan District.  Photo: Tin Zar Hlaing
Local farmers are unhappy with the falling prices of fermented soya bean in Ngazun Township in Myingyan District.  Photo: Tin Zar Hlaing

Fermented soya bean growers from Ngazun Township in Myingyan District, Mandalay Region, are dissatisfied with lower yields and decline in prices compared with last year, said a local grower from Hta Naung Gone Village.
“Last year, fermented soya beans yielded 20 baskets per acre. But, this year, the yield is only 15 baskets per acre. The village floods twice a year. This year, we were waiting for the water to inundate the village as usual. But, that didn’t happen and we had to plant crops using machines. However, some plants dried up and died. So, the yield of fermented soya beans declined. Besides, the price of fermented soya beans has also dropped to K51,000 per bag from K60,000 per bag. Local growers are unhappy with the decline in the price of fermented soya beans,” said U Aung Lwin, a grower from Hta Naung Gone village.
Fermented soya beans are mostly grown in Hta Naung Gone, Mayo Gone, Yesin, and Kanthar villages in Ngazun Township. They are primarily grown in Thadingyut. Local farmers said they grow one crop per season. Then, they sell the fermented soya beans in the Mandalay market.
At present, the price of fermented soya beans is on the decline and so, farmers said they are mixing fermented soya beans with ricinus.
“Fermented soya beans are sold only in the local market. In order to penetrate the foreign market, the quality of Myanmar fermented soya beans need to be competitive with those produced in the US and Brazil. We don’t have quality guarantee certificates,” said U Myo Swe, vice chairman of the Mandalay depot.
There are two types of fermented soya beans: Shan fermented soya beans and Kyun fermented soya beans. Shan fermented soya beans are currently priced at K53,000-57,000 per bag, while the price of Kyun fermented soya beans is pegged at K50,000-51,000 per bag. Bean curd and soya bean producers offer K57,000 for fermented soya beans and edible oil manufacturers pay K53,000 for fermented soya beans. — Tin Zar Hlaing (Translated by Hay Mar)

Comments

Related posts