Shrimp Farmers Face Challenges
Recently, the price of raw whiteleg shrimp has dropped sharply, causing many industrial shrimp farmers in the Mekong Delta to be on edge. Currently, traders are buying whiteleg shrimp at 83,000 VND/kg for 100 shrimp per kilogram, 90,000 VND/kg for 80 shrimp per kilogram, and 94,000 VND/kg for 50 shrimp per kilogram.
While the price of raw whiteleg shrimp has hit rock bottom, the cost of some types of feed for aquaculture has increased, leading to higher investment costs for shrimp farming. As a result, farmers' profits are dwindling, and many are even falling into debt due to losses.
The sharp drop in raw whiteleg shrimp prices has left many farmers in Ca Mau deeply concerned.
Industrial shrimp farming requires a large amount of capital due to the high costs of renting mechanical equipment to prepare ponds, purchasing liners, feed, etc. During the farming process, farmers must dedicate their full time to caring for and monitoring the development of the shrimp.
If abnormal signs in the shrimp are not detected in time, farmers could lose everything in a short period, rendering all their efforts wasted. Hence, many people compare industrial shrimp farming to playing a gamble, as a good harvest could change lives, while losses could lead to overwhelming debt.
Mr. Huynh Van Luyen, a resident of Cai Nuoc District, Ca Mau Province, said that the price of raw whiteleg shrimp has decreased by 5,000-20,000 VND/kg (depending on the type) compared to when prices were at their peak. Since industrial farming requires a large amount of money, many have had to mortgage their land use rights certificates to borrow from banks or seek loans from relatives to invest in a new crop.
The last shrimp crop yielded a decent harvest, but we sold it right when prices dropped, and combined with the high investment costs, we ended up with losses. To minimize risks, many shrimp farmers have decided to temporarily stop farming and wait for prices to rise again before starting a new crop. We hope that the relevant authorities will come up with timely solutions to share the difficulties with the people, Mr. Luyen expressed.
Mr. Phan Hoang Vu, Director of the Department of Agriculture and Rural Development of Ca Mau Province, believes that the sharp decline in raw whiteleg shrimp prices recently is due to an oversupply, decreased demand in some export markets, rising transportation and logistics costs, and the impact of global conflicts. In the last months of 2024, shrimp prices are expected to rise again as market demand is usually very high during this time.
The agriculture sector in Ca Mau Province advises farmers to choose appropriate farming models during this period to save costs and reduce prices, such as improved extensive shrimp farming in 2-3 stages, developing shrimp-rice, and shrimp-forest models.
According to Nguoi Lao Dong.
Ngày đăng : 04/09/2024
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