Agriculture
Agricultural commodities, processing and products
Rubber prices could rise
Rubber prices on the global commodities market are expected to rise to $2,500 per ton due to the improved state of the world economy and efforts by four major rubber producing countries – Vietnam, Thailand, Indonesia and Malaysia – to cut back supply, according to ...
Sok Chan
http://www.khmertimeskh.com/news/32511/rubber-prices-could-rise/
Deeper water expected to yield more fish
Just weeks ahead of the main fishing season on the Tonle Sap river, which supplies the majority of the fish used in the Kingdom’s traditional cooking sauce, prahok, government officials are predicting a better catch this season as water levels have recovered from last year’s ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/deeper-water-expected-yield-more-fish
Food stockpiles depress prices
Record stockpiles of food will keep worldwide prices low for 2017 and much could depend on China’s huge stocks of many commodities, Dutch food and agri financing bank Rabobank predicted yesterday, painting a dour picture for Cambodia’s food exporters struggling against low prices. ...
May Kunmakara
http://www.khmertimeskh.com/news/32346/food-stockpiles-depress-prices/
Pepper plantation to tip the scales
A local subsidiary of a South Korean confectionary giant is investing $40 million to develop what it claims will be the world’s largest pepper plantation on a sprawling 1,000-hectare estate in eastern Cambodia, a company executive said yesterday. ...
Cam McGrath and Cheng Sokhorng
http://www.phnompenhpost.com/business/pepper-plantation-tip-scales
Mango producers struggle to meet Korean standards
It has been nearly a year since the government signed a memorandum of understanding with South Korea that aimed to put Cambodian mangoes on the shelves of supermarkets in Seoul, yet local producers say there is little sign of any movement. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/mango-producers-struggle-meet-korean-standards
Rice export container fees set
Reduced fees for the loading of containers of milled rice for export, fixed for the next two years, came into effect on Tuesday as part of government efforts to boost the rice sector’s global competitiveness. According to a letter signed by Economy Minister Aun Pornmoniroth, dated ...
May Kunmakara
http://www.khmertimeskh.com/news/31604/rice-export-container-fees-set/
GI status soon for 4 products
Four Cambodian products – Kampot salt, Phnom Srok silk of Banteay Meanchey province, fragrant milled rice from Battambang province and Kampot durian – could be given geographical indication (GI) status by the European Union (EU), said a senior official from the Ministry of Commerce and ...
Sok Chan
http://www.khmertimeskh.com/news/31522/gi-status-soon-for-4-products/
Moo Moo plans more milk
American-owned dairy farm Moo Moo Farms is looking to markedly increase production of its raw – unpasteurized – milk and increase its current herd of 25 cows. The farm, located in Kandal province, began operations earlier this year. According to a statement from the Ministry of ...
May Kunmakara
http://www.khmertimeskh.com/news/31519/moo-moo-plans-more-milk/
Gov’t acts on plastic rice
In response to persistent rumors of rice in Cambodia being adulterated with rice-like plastic pellets, the government announced yesterday that it would boost testing of rice across the country, and threatened to take legal action against any unsubstantiated claims. ...
Sok Chan
http://www.khmertimeskh.com/news/31470/gov---t-acts-on-plastic-rice/
Tainted prahok found in Takeo
Over 3 tonnes of contaminated prahok – made of fish illegally imported from Vietnam – were confiscated on Friday by Takeo authorities from some of the same sites that in September had already been warned to stop using smuggled fish. ...
Niem Chheng
http://www.phnompenhpost.com/national/tainted-prahok-found-takeo
Waiting to tap rubber’s rebound
The large-scale rubber plantations that arrived in force in Cambodia a decade ago as global rubber prices moved to historic peaks are facing sober prospects as trees they planted before the commodity’s prices headed south begin to reach maturity. ...
Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/waiting-tap-rubbers-rebound
Rice crop damaged by floods
At least 17,571 hectares of rice fields were affected by the recent floods – of which about 3,186 hectares were severely damaged, according to the Ministry of Agriculture, Forestry and Fisheries (MAFF) yesterday, which urged all provincial agriculture departments to immediately evaluate the affects from ...
May Kunmakara
http://www.khmertimeskh.com/news/31368/rice-crop-damaged-by-floods/
NBC, CRF offer rice loan support
In an effort to help small and medium-sized rice millers and exporters that are presently unable to provide suitable collateral to qualify for the government’s emergency $27 million rice loan, the National Bank of Cambodia (NBC) has joined with the Cambodia Rice Federation (CRF) to ...
May Kunmakara
http://www.khmertimeskh.com/news/31307/nbc--crf-offer-rice-loan-support/
Low uptake of gov’t rice fund
The government’s much-heralded $27 million emergency rice fund, announced last month amid complaints from rice farmers and millers that cheap competition and low-storage capacity was driving down prices, has so far had only limited takers among rice millers. ...
Sok Chan
http://www.khmertimeskh.com/news/31195/low-uptake-of-gov---t-rice-fund/
Gov’t eyes million-tonne rice quota deal with Indonesia
Cambodia is close to signing an ambitious agreement with the Indonesian government that would pave the way for the Kingdom’s rice producers to export 1 million tonnes of rice under a new quota scheme, a state official said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/govt-eyes-million-tonne-rice-quota-deal-indonesia
Date set for Cambodian-grown dates
A rising global demand for dates is behind the memorandum of understanding (MoU) signed in Phnom Penh yesterday between companies from Cambodia, Thailand and Israel, seeking to start growing the fruit in Cambodia within the next 10 years. ...
Sok Chan
http://www.khmertimeskh.com/news/31194/date-set-for-cambodian-grown-dates/
Soggy forecast for rice farmers
Extreme weather attributed to the tail-end of an El Niño event continues to wreak havoc on the nation’s agricultural sector, with more than 20,000 hectares of rice fields damaged so far this year, a government agricultural expert said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/soggy-forecast-rice-farmers
Rubber exports keep rising
Rubber exports have continued to rise in the first nine months of the year, despite the fall and current stagnation of prices as global demand continues to stall, according to the Ministry of Agriculture, Forestry and Fisheries (MAFF). ...
May Kunmakara
http://www.khmertimeskh.com/news/31095/rubber-exports-keep-rising/
Cambodian rice exports cause a stir in Italy
Ente Nazionale Risi (ENR), Italy’s national rice agency, has raised concern over increased European rice imports from countries such as Cambodia, according to rice industry publication Oryza. ...
Post Staff
http://www.phnompenhpost.com/business/cambodian-rice-exports-cause-stir-italy
Chinese firm to build $2 bil agriculture SEZ
Kampong Speu province will soon be home to a Chinese-funded agricultural special economic zone (SEZ) with facilities to research plant diseases, after the Ministry of Agriculture and Tian Rui (Cambodia) Agricultural Cooperation SEZ Co., signed a memorandum of understanding (MoU) yesterday. ...
Sok Chan
http://www.khmertimeskh.com/news/31025/chinese-firm-to-build---2-bil-agriculture-sez--/
Rice harvest largely escapes flood damage
The damage to the country’s rice crops from the recent heavy rains is likely to be small, according to provincial officials, as the Agriculture Ministry stressed that flood damage to rice crops was under control. As the Ministry of Water Resources and Meteorology continue to warn ...
Chea Vannak
http://www.khmertimeskh.com/news/30962/rice-harvest-largely-escapes-flood-damage/
Cambodia eyes rice crown
Cambodia’s three-year reign as holder of the World’s Best Rice Award came to an end last year, but the Cambodia Rice Federation (CRF) is confident it will regain the title at next month’s ceremony in Thailand. CRF Secretary-General Moul Sarith told Khmer Times yesterday that they ...
Sok Chan
http://www.khmertimeskh.com/news/30901/cambodia-eyes-rice-crown/
GI status sought for Battambang oranges
Amid increased demand for oranges grown in Battambang province, the Ministry of Agriculture is seeking to have the fruit’s unique and sought-after flavor recognized under the European Union’s geographical identification (GI) status. Ministry spokesperson Lor Reaksmey explained that the application process, involving ministry officials and international ...
Chea Vannak
http://www.khmertimeskh.com/news/30800/gi-status-sought-for-battambang-oranges/
Kampot pepper strong, rivals struggle
Kampot pepper sales both locally and internationally have continued to be strong since gaining coveted geographical indication (GI) status from the European Union in February, while domestic pepper competitors have complained of falling prices, industry figures said yesterday. Kampot Pepper Promotion Association president, Nguon Lay, told ...
Sok Chan
http://www.khmertimeskh.com/news/30743/kampot-pepper-strong--rivals-struggle/