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Cambodia rice output rises

In Agriculture, Business, Economy on April 12, 2010 by viCheth

April 12, 2010

PHNOM PENH (Commodity Online) : Southeast Asian nation Cambodia said its rice production registered a marginal increase during 2009-10 farm year.

According to an Agriculture ministry report, the country produced 7.58 million tonnes of paddy during the period, an increase of 5.7 percent over last year.

The country grew 2.33 million hectares of rice, yielding 6 million tonnes of paddy in the wet season, and 380,000 hectares for 1.58 million tonnes of paddy in the dry season.

The Ministry of Agriculture said Cambodia could have 3.5 million tonnes of paddy left over for export, a 10.75 percent rise on the 3.16 million tonnes left over last year.

Prime Minister Hun Sen said this year’s success in paddy output helped ensure food security and lessen the impact of the global economic crisis.

Cambodia plans to raise yields to as much as 3 tonnes per hectare by 2012 to increase exports of processed rice to international markets.
The Ministry of Agriculture said Tuesday that Cambodia could have as much as 2.24 million tonnes of rice for export, after farmers brought in 2.83 tonnes of paddy per hectare this year.

In the farming year 2008-09, Cambodia grew 2.61 hectares of rice, an average paddy yield of only 2.74 tonnes per hectare.

The Supreme National Economic Council said last month that Cambodia could produce as much as 15 million tonnes of rice paddy, leaving 8 million tonnes for export.

However, rice millers and other industry insiders say the quality of processed rice remains low, keeping Cambodia out of a market that has proved lucrative for neighbouring Vietnam and Thailand.

2 Responses to “Cambodia rice output rises”

  1. I always read daily Busines News from across different online aggregators to keep myself up to date.`”~

  2. i always read newspapers about business news as they provide me info on how to manage my business `-.

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