Sugar cane farmers in the Cuu Long (Mekong) Delta are counting their profits as prices have soared to a record high after the area under the crop shrank dramatically this year.
Farmer Truong Van Hien, who harvested 1.2 ha, in Hau Giang Province’s Phung Hiep District, said he sold his sugarcane at a price of VND910 a kilogramme and earned a profit of VND120 million (US$7,000).
"It is the highest since I began planting sugarcane many years ago," he said. The region’s 10 sugar mills now buy cane at VND850-900 a kilo, with some paying as much as VND1,000.
