Low yields sour Savannakhet sugarcane farmers’ prospects
Some individual sugarcane growers in Savannakhet province now owe the milling company as much as 174 million kip following their poor harvests, it was recently revealed.
According to a workshop on reducing debt risks for farmers in Vientiane, some families in Savannakhet’s Xaybouly district are in serious debt to the Mitr Lao Sugar factory because their yields have been quite low.
However, the factory has not been seeking repayment from farmers with outstanding debts.