The department of Agriculture and Rural Development of the Mekong Delta provinces has warned farmers to be cautious about abandoning rice, sugarcane and other crops to massively shift to grow Thai variety jackfruit trees as the price of Thai jackfruit is usually volatile.
The Ministry of Agriculture and Rural Development said on July 17 that in the first months of this year, production of fruits was fairly smooth thanks to good prices. Especially key fruit trees, including dragon fruit, mango, rambutan, longan and durian, have brought high efficiency.
Thai jackfruits were eagerly bought by traders for export to China. Therefore, in the first months of this year, the price of Thai jackfruit jumped to VND35,000-VND45,000 per kilogram, sometimes up to VND50,000-VND60,000 per kilogram, helping farmers to earn profits from VND400 million to VND600 million per hectare per annum.
As a result, farmers have continuously expanded the area of Thai jackfruits. Statistics in 2018 showed that the area of jackfruit trees across the country was around 26,174 hectares with productivity of 16.5 tons per hectare and production of 307,534 tons, of which, the Mekong Delta provinces had the largest area of jackfruit trees with 10,105 hectares. In the first half of this year, farmers in provinces in the Mekong Delta have continued to plant an additional 1,141 hectares of Thai jackfruit trees.
Although Thai jackfruits give high profits, jackfruit has not been considered as a key fruit tree so there has not been any investment or support for its production yet because jackfruit trees have been grown spontaneously by farmers without specific cultivation processes.