Logo of Phnom Penh Post newspaper Phnom Penh Post - Cassava prices jump on lacklustre harvest

Cassava prices jump on lacklustre harvest

Content image - Phnom Penh Post
The Kingdom exported 957,201.56 tonnes of cassava in the first two months of this year, of which 154,750 tonnes were fresh. Heng Chivoan

Cassava prices jump on lacklustre harvest

Cassava prices in the provinces bordering Thailand and Vietnam increased during the 2020-2021 harvest season as a result of lower crop yields, according to two top provincial commerce officials.

Battambang provincial Department of Commerce director Kim Hout told The Post that cassava exports to Thailand were about 100,000 tonnes in January-February.

The average per-kilogramme price of dried cassava in the province had surged by 200 riel ($0.05) year-on-year to 870 riel, he said, adding that 80 per cent of the province’s production is exported to Thailand.

The recent “floods have led to a decline in cassava yields but improved markets and prices this year”, Hout said.

Cambodia exported 4,200 tonnes of dried cassava to Thailand through Phnom Dey International Checkpoint in Sampov Loun district, Battambang province, with prices in the area at around 800,000 riel per tonne, according to data from the Ministry of Agriculture, Forestry and Fisheries released on March 4.

Cassava is typically planted in May and harvested from November until the end of February the following year.

Tbong Khmum provincial Department of Commerce director Toch Sokhon said wholesale per-kilogramme costs for fresh cassava gained 200-360 riel year-on-year on average to 500-600 riel, while dried ones now go for 900 riel, matching prices at the border.

The Kingdom transports an average of 100 lorries-full of cassava per diem to Vietnam during the harvest season when cross-border trade reaches its peak, he said.

“Cassava prices this year are higher due to harvests being lower than last year, while the area under cultivation has also decreased, leading to higher demand,” Sokhon said.

Van Samnang, a cassava farmer in Sandan district’s Tomring commune of Kampong Thom province, said he tallied 10 tonnes as he finished his harvest last week.

He said prices of fresh cassava had been on a steady uptrend, jumping to 490 riel per kilogramme last month from 300 riel just in January.

“I see that this year is a good year for the cassava market, but the yield I harvested is lower than last year,” Samnang admitted.

The Kingdom exported 957,201.56 tonnes of cassava in January-February, of which 154,750 tonnes were fresh, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon.

Speaking at the launch of the Draft Law on Cassava National Policy 2020-2025, he said the crop is the Kingdom’s main agro-industrial and export product and contributes three-to-four per cent of gross domestic product (GDP) each year.

He said the cassava sector receives about $300 million in investment to grow the crop on more than 60,000ha.

In 2019, Cambodia exported about 3.30 million tonnes of fresh cassava, cassava chips and tapioca starch worth more than $26.40 million.

MOST VIEWED

  • Cambodia to waive quarantine requirements Nov 15, no PCR test required

    Prime Minister Hun Sen has decided to lift all quarantine requirements for fully vaccinated travellers and visitors – both Cambodians and foreign nationals – effective from November 15 onward. In a special message addressed to officials and relevant authorities on November 14, Hun Sen said this policy will enable

  • PM: No more quarantine for vaccinated travellers

    Cambodia is lifting all quarantine requirements for vaccinated inbound travellers entering Cambodia by air, waterway or land border checkpoints effective from November 15. Travellers will be required to take a rapid antigen test on arrival rather than waiting for the results of the lengthier polymerase chain

  • No payment required for travellers taking rapid Covid tests on arrival

    Ministry of Health officials said there would be no payment required for the rapid Covid-19 tests given to travellers who arrive in Cambodia from November 15 onwards after the quarantine requirement is lifted for fully vaccinated people. Health ministry spokeswoman Or Vandine told The Post on

  • General’s gun smuggling ring busted

    The Military Police sent six military officers to court on November 22 to face prosecution for possession of 105 illegal rifles and arms smuggling, while investigators say they are still hunting down additional accomplices. Sao Sokha, deputy commander of the Royal Cambodian Armed Forces and commander of

  • More Cambodians studying in US

    The number of Cambodian students studying at US colleges and universities in 2020-21 increased by 14.3 per cent over the previous year despite the Covid-19 pandemic, according to a recent US government report. The 2021 Open Doors report on International Educational Exchange showed that 848 Cambodian students studied

  • Cambodia, Thailand to discuss border reopening

    Cambodian authorities from provinces along the Cambodia-Thailand border will meet with Thai counterparts to discuss reopening border checkpoints to facilitate travel, transfer of products and cross-border trade between the two countries. Banteay Meanchey provincial deputy governor Ly Sary said on November 22 that the provincial administration