Corn harvest season has begun in the Kingdom, but farmers in the northwest are facing a price decline, and hinting they may seek markets in neighbouring Thailand for their crops.
Prior to the harvest, provincial authorities reported corn prices at around 630 riel per kilogram ($0.16). However, late last week prices fell to 460 riel.
It is yet to be seen what restrictions Thai authorities will put on Cambodian farmers wanting to sell there.
As of Sunday, the price went up slightly by 30 riel after measures taken by industry leaders in Battambang.
Battambang province’s chamber of commerce president and chairman of Baitang Kampuchea Plc Phou Puy told The Post on Sunday that his company will set up a corn community and build silos and warehouses to help stabilise the price.
“We know that at harvest time farmers often face market problems, so we plan to set up a community and a market for them,” he said.
