The Ministry of Agriculture, Forestry and Fisheries is helping cooperatives that produce genetically pure Pkha Rumduol rice seeds to boost their output as that variety of rice has high market demand, according to its secretary of state Yang Saing Koma.
Representative of at least 41 rice millers have expressed willingness to enter into contract-farming arrangements with agricultural cooperatives to ensure ample supplies of responsibly-sourced grains of desired varieties, as pundits voice strong support for the practice as a catalyst to unleash the export potential of the staple cereal.
The Ministry of Agriculture, Forestry and Fisheries is helping cooperatives that produce genetically pure Pkha Rumduol rice seeds to boost their output as that variety of rice has high market demand, according to its secretary of state Yang Saing Koma.
Cambodia formally exported 36,900 tonnes of milled rice worth $28.83 million to 34 markets in the first month of the year, with the EU buying the largest share in terms of both volume and value, respectively at 48.2 per cent and 46.6 per cent,
The Cambodia Rice Federation (CRF) has set full-year milled-rice export targets for the Kingdom at 750,000 tonnes in 2023 and one million tonnes in 2025, which would constitute 17.7 per cent and 57.0 per cent increases from the 637,004 tonnes – valued at $414.29 million – recorded in 2022.