Agricultural commodities, processing and products

Rice exports for the first quarter of the year jumped 8.5 percent to 162,220 tons from 149,464 tons for the same period last year, but in March the figure dropped 14.5 percent, or 9,592 tons, to 66,275 tons in the face of competition from Thailand, ...

Demand for Kampong Speu palm sugar has surged, with orders already up 70 per cent this year, as appetite for the premium organic sugar product grows, boosting its price. ...

Mong Reththy, known as the king of agriculture in Cambodia for his role running the large Mong Reththy Group, aims to expand the Kingdom’s mango market to Europe. ...

Villagers from Preah Vihear’s Kulen district, where last week two rubber company guard posts were torched, yesterday alleged security guards from the same company had looted their homes and threatened to burn them. ...

The government took steps to shore up the rice sector yesterday, saying it would remove the current value added tax [VAT] on milling machines in the country and shut down companies importing rice from neighboring countries and rebranding it as Cambodian during an emergency meeting ...

The government decided to drop a 10 percent value added-tax (VAT) for rice products during a meeting on Wednesday between representatives of the rice sector and government officials at the Council for the Development of Cambodia in Phnom Penh, officials said.   ...

The newly established special industry committee to deal with the crisis confronting the rice sector will meet Deputy Prime Minister Keat Chhon today to discuss urgent solutions to the problems they face. ...

Kampong Speu palm sugar production is predicted to slightly decrease this year due to a late start, climate change, water shortages and working capital for farmers, but prices are expected to rise due to the sugar’s growing popularity since its geographical indication certification. ...

The Ministry of Agriculture has rejected a request from private-sector rubber firms – led by agricultural tycoon Mong Reththy – for a meeting to discuss the floundering fortunes of the nation’s rubber sector, claiming the ministry was busy and was already addressing the issue. ...

Thirteen provinces across the country have finished harvesting their dry season rice and yields have increased on last year’s crop, but local millers and exporters are concerned about the bulk of the crop making its way to a neighboring country.   ...

Yon Kob’s cassava fields in Sala Krao district have usually been harvested by now, but this year the thicket of thin, knobby cassava plants is still standing. Mr. Kob has delayed his harvest in the hope that the price of the tuber would rise, but ...

The Commerce Ministry has created a special taskforce to study challenges threatening the sustainability of the nation’s rice industry and will report its findings within two weeks, a ministry official said yesterday. ...

The Cambodia Rice Federation (CRF) on Thursday met with the Ministry of Commerce to discuss policies for strengthening the country’s ailing rice industry, and unveiled a plan to develop a price-support mechanism to guarantee Cambodia’s rice export price, officials said. ...

Cambodia’s exports of crude palm oil have increased, though the price has declined in line with falling global prices, according to an official and a producer. ...

Cambodia’s rubber industry’s woes have begun to crystallise after two major rubber plantations announced deep losses yesterday, attributing their downturn to high production costs and a drop in global rubber prices. ...

Palm sugar from Kampong Speu, which has been registered for geographical indication (GI) status, is in the processing stage of being granted protected geographical indication (PGI) status in Thailand and Vietnam. This comes after Kampot pepper was recently certified as PGI in the European Union ...

New figures show that Cambodia’s sugar exports to the European Union fell by 94.8 per cent between 2013 and 2015, amid accusations of rights abuses and land grabbing in the Kingdom’s industry. ...

A week after an alliance of millers and exporters criticized the Cambodia Rice Federation (CRF) for its inaction in the face of the sector’s possible collapse, the federation Wednesday announced the formation of a new task force to manage challenges facing its members. ...

Responding to criticism, Cambodia’s apex rice industry body announced yesterday that it would submit a plan to Prime Minister Hun Sen that addresses two of the major challenges facing the Kingdom’s rice sector – competition from rice imports and access to finance for millers. ...

The president of the Cambodia Rice Federation (CRF) has asked the government for an emergency loan of $20 million to $30 million, saying it is necessary to prevent the collapse of the rice sector. ...

Local rice millers and exporters have responded with alarm to the rice-export target set by the Lao government of 1 million tons this year, while Cambodian rice millers and traders have yet to overcome numerous barriers hindering their competitiveness at home and abroad. ...

Local agro-industrial conglomerate Mong Reththy Group is negotiating a new partnership that would send large-volume shipments of Cambodian cassava products to Europe for the first time. ...

The Cambodia Rice Federation (CRF) will work closely with the government to curb Vietnamese rice imports flooding the domestic market and channel more lending to domestic millers so that they can compete with rivals in neighboring countries, it said yesterday in a statement. ...

Rubber producers said yesterday the government’s decision to amend the export tax scheme on natural rubber fell short of expectations and would do little to stem the losses of farmers as rubber prices hover near a six-year low. ...