Logo of Phnom Penh Post newspaper Phnom Penh Post - Cassava prices up as supply drops, reversing old trend

Cassava prices up as supply drops, reversing old trend

A farmer throws harvested cassava root onto a pile in Battambang province in 2011.
A farmer throws harvested cassava root onto a pile in Battambang province in 2011. Heng Chivoan

Cassava prices up as supply drops, reversing old trend

The price of cassava jumped sharply this year as many farmers who were fed up with low profits for several years in a row changed crops, thus decreasing the market’s supply and raising the price.

Last year during cassava harvesting season – traditionally from December to April – the price for 1 kilogram of fresh cassava was about 108 riel, or $0.026, while this year it was up to 250 riel, according to Kim Hout, director of Battambang’s Provincial Commerce Department. The price of dried cassava was 715 riel per kilogram, up from 575 riel in 2017.

“The price of cassava increased because the demand is still high, but the quantity decreased about 40 percent from last year,” Hout said yesterday.

In Sovanmony, deputy director of the province’s Agriculture Department, said that the area of cassava cultivation in Battambang dropped to 74,400 hectares last year, down from 138,000 hectares the year before. The province is the cassava hub of Cambodia.

“Because of unstable prices in the market, farmers allocated cassava plantations to become corn plantations” Sovanmony said yesterday.

Cassava prices had dropped precipitously in 2016 and last year, causing farmers to call for additional government aid to the sector.

Dorn Chenda, owner of cassava storage silo company Teth Cheda Agricultural in Battambang province’s Phnom Proek district, said that she had not heard farmers complain about the price of cassava this year as they had in previous years.

“The market for cassava is good this year,” she said yesterday. “That is not only me, but also farmers are satisfied.”

Chenda also noted that Thai brokers were demanding high amounts of cassava from her this year, though she did not know why and noted it would be difficult to meet demand since her supply had decreased by almost half.

Some cassava farmers who had decreased their holdings took note of the price increase and planned to plant more of the crop in the future.

Nheth Sophorn, a cassava farmer in Battambang, said that while she only allocated 2 hectares to cassava last year, “this year, we get a better price, and that gives me profits and hope, so I decided to turn back to planting cassava”. She said she would plant 4 hectares of cassava for next year’s harvest.

But Sophorn remains wary, as the low prices from previous years are fresh in her memory.

“Even though I’m happy with price this year, I still am not confident whether next year I will get the good price like

this year or not,” she said. “Our market depends on the mouths of brokers, and we have no points to argue back.”

MOST VIEWED

  • Phnom Penh authorities ban march for Human Rights Day

    Phnom Penh authorities have banned a planned march as local NGOs and workers’ unions gear up to celebrate the 70th anniversary of the signing of the Universal Declaration of Human Rights on Monday, with a youth group leader saying they would march nonetheless. The UN

  • Phnom Penh’s Jet’s Container Night Market shuts down

    The famous Jet’s Container Night Market in central Phnom Penh has shut down due to the high cost of the land rental, company representatives claim. Jet’s Container Night Market is the largest such market in Phnom Penh. It operated for just over two

  • Hun Sen rejects ‘rift’ rumours spread by ‘stupid gangsters’

    Prime Minister Hun Sen on Wednesday denied a “rift” among top leaders of the Cambodian People’s Party (CPP), and rejected claims that Senate president Say Chhum and Interior Minister Sar Kheng were set to be removed from their positions as rumours spread by “gangsters”.

  • EU ambassador to Cambodia: Rights a ‘work in progress’

    The EU ambassador to Cambodia has called human rights “a work in progress” and said the 28-nation bloc has “carefully” noted last week’s statement by the government on taking further steps to strengthen democracy and the political sphere in the Kingdom. The EU marked