Banana growers upset despite high yield

LOCAL NEWS

Banana growers are unhappy because there is no demand from the traders even if there is a high yield of banana. Now, the growers are worried about getting the return on the investment costs of cultivation of the banana, according to the local banana growers.
“The banana yield has been high starting from the first week of October in Nay Pyi Taw. Earlier, we earned K1.5 million per acre of banana plants. Now, the bananas are sold at retail price, and thus the farmers make K600,000 per acre. A bunch of bananas is sold for K500 in the retail market.
We earn income from the banana depending upon the type and size. The famous banana among the consumers is Phee Gyan and Thee Hmwe species. Some species of bananas are challenging to sell well, even in the retail market. Now, we don’t have demand from the traders, and it is difficult to get back even the costs of cultivation”, said a local banana grower from Nay Pyi Taw.
There are more than 220,000 banana plantations across the country, and most of them are grown in Nay Pyi Taw, Ayeyawady Region, Mandalay Region, Kayin State and Shan State. The banana is mostly grown in June and July and plucked between October and January. —Aye Maung (Translated by Hay Mar)

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