Southern oil palm farmers complain of falling prices

[snoop1130]

 

Oil palm farmers in Thailand’s southern provinces are complaining that the prices they are getting for their crops have nosedived to an average of five baht per kilogram, which they claim is below their costs, given the high price of fertiliser.

 

The average 5 baht/kg is not, however, as low as the about 3.11 baht/kg in 2019 and 4.8 baht/kg in 2020. Last year the price was 6.6 baht/kg. The price of fertiliser, meanwhile, has shot up to about 2,000 baht per 100kg sack this year, due to the war in Ukraine, compared to between 700 and 800 baht/100Kg last year.

 

Warin Suwanrat, an oil palm farmer in Trang province, told Thai PBS that he earned about 3,000 baht from the sale of his raw palm nuts, but had to spend about 10,000 baht to buy fertiliser, because palm trees need fertilising every four months to bear fruit.

 

Full Story: https://www.thaipbsworld.com/southern-oil-palm-farmers-complain-of-falling-prices/

 

-- © Copyright Thai PBS 2022-09-23

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

Monthly car subscription with first-class insurance, 24x7 assistance and more in one price - click here to find out more!

[spidermike007]

Does anyone have any information about these 100kg sacks, or is that incorrect information? Are they available for mangoes? 15-15-15? Been caught between rising fertilizer prices and dropping mango prices. 

[tweedledee2]

  I bought 16-16-8 this past Monday and the price was 1320 a bag. I purchased multiple bags and received a discount of 50 baht per bag, making the cost 1270 baht a bag. The supplier has multiple brands, formulations and prices. The price of 15-15-15 was slightly higher. 

  

[Aussieroaming]

Ship the palm oil nuts to Germany. I'm sure that they would come in handy during winter.

[hotchilli]

15 hours ago, snoop1130 said:

Oil palm farmers in Thailand’s southern provinces are complaining that the prices they are getting for their crops have nosedived to an average of five baht per kilogram, which they claim is below their costs, given the high price of fertiliser.

Over supply is a bummer.

[hotchilli]

15 hours ago, snoop1130 said:

Warin Suwanrat, an oil palm farmer in Trang province, told Thai PBS that he earned about 3,000 baht from the sale of his raw palm nuts, but had to spend about 10,000 baht to buy fertiliser, because palm trees need fertilising every four months to bear fruit.

Best think of another crop then.

[Stocky]

44 minutes ago, hotchilli said:

Best think of another crop then.

They did, oil palm, this was the solution many southern farmers took when the rubber price fell. Lots of rubber plantations were cleared in favour of oil palm. The problem now is with the cost of fertiliser.

[xtrnuno41]

Maybe also because use of palm oil. I hate commercials, but sometimes i see. In those commercials is said, without palm oil.

So palm oil is a negative product, bringing that into the commercials to consumers and brings down demand. 

Consumers are shown, palm oil is bad.

Palm oil isnt bad as product, but the growing of palm oil is. Big forests going down for palm oil, effecting eco systems.

Besides palm oil trees seem to love water and therefor palm oil is bad.