{"id":5692,"date":"2023-07-23T06:46:48","date_gmt":"2023-07-23T06:46:48","guid":{"rendered":"https:\/\/ricenewstoday.com\/dev\/?p=5692"},"modified":"2023-07-24T06:47:24","modified_gmt":"2023-07-24T06:47:24","slug":"new-cps-70-fragrant-rice-variety-poised-to-capture-market-share","status":"publish","type":"post","link":"https:\/\/ricenewstoday.com\/dev\/new-cps-70-fragrant-rice-variety-poised-to-capture-market-share\/","title":{"rendered":"New CPS 70 fragrant rice variety poised to capture market share"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"780\" height=\"440\" src=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/07\/image-15.png\" alt=\"\" class=\"wp-image-5693\" srcset=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/07\/image-15.png 780w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/07\/image-15-600x338.png 600w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/07\/image-15-300x169.png 300w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/07\/image-15-768x433.png 768w\" sizes=\"(max-width: 780px) 100vw, 780px\" \/><\/figure>\n\n\n\n<p>CARDI showcases a sample of Champei Sar 70 in April.\u00a0Hong Menea<\/p>\n\n\n\n<p>With fields now abundant with the golden stalks of a new rice variety, Champei Sar 70 (CPS 70), both the agriculture ministry and the Australian embassy in Phnom Penh are keenly expecting a breakthrough in the market.<\/p>\n\n\n\n<p>A video released on July 19 revealed the anticipated arrival of this variety, crossbred from the award-winning Cambodian fragrant rice Phka Rumduol.<\/p>\n\n\n\n<p>\u201cCPS 70 is the proud result of collaboration between Australia and the Cambodian Agricultural Research and Development Institute [CARDI],\u201d beams Australian ambassador Justin Whyatt in the video.<\/p>\n\n\n\n<p>This non-seasonal variety, according to CARDI, can be harvested in just three months and even grown up to three times a year, creating opportunities for heightened annual production volumes and incomes.<\/p>\n\n\n\n<p>Anticipation is high for CPS 70 to play a substantial role in Cambodia\u2019s agricultural development, both domestically and abroad. With a projected boost to income and productivity, this variety holds immense potential for the nation\u2019s farmers.<\/p>\n\n\n\n<p>Minister of Agriculture, Forestry and Fisheries Dith Tina recalled that CPS 70 was sprouted from the renowned Phka Rumduol, a type of long-grain jasmine rice that was crowned the World\u2019s Best Rice for the fifth time at the The Rice Trader (TRT) World Rice Conference in Phuket, Thailand, on November 17 last year.<\/p>\n\n\n\n<p>\u201cI thank Australia for supporting research into this variety, especially for the agricultural sector,\u201d he said.<\/p>\n\n\n\n<p>Tina is optimistic about the future, believing this new variety will bring bountiful harvests, find its way into increasing markets and enhance the livelihoods of Cambodian farmers.<\/p>\n\n\n\n<p>Echoing this sentiment, Kim Sreyroth, undersecretary of state at the Ministry of Commerce, praised CPS 70 for its versatility, particularly its non-seasonal nature and resilience to climate change.<\/p>\n\n\n\n<p>\u201cThis variety has the potential to reach the market soon. \u201cWe can grow this Champei Sar 70 twice or even three times a year and this rice variety fetches a higher price than others,\u201d she said.<\/p>\n\n\n\n<p>The variety is expected to be exported to the ASEAN market, without infringing on the market share of the Sen Kra\u2019op (SKO) fragrant rice or Phka Rumduol.<\/p>\n\n\n\n<p>Prime Minister Hun Sen bestowed upon the rice the name Champei Sar 70 to mark the 70th anniversary of diplomatic relations between Cambodia and Australia.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CARDI showcases a sample of Champei Sar 70 in April.\u00a0Hong Menea With fields now abundant with the golden stalks of a new rice variety, Champei Sar 70 (CPS 70), both the agriculture ministry and the Australian embassy in Phnom Penh are keenly expecting a breakthrough in the market. A video released on July 19 revealed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5694,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176],"tags":[304,159],"class_list":["post-5692","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-fragrant-rice","tag-global-rice-news"],"acf":{"enable_premium_overlay":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New CPS 70 fragrant rice variety poised to capture market share - Rice News Today<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New CPS 70 fragrant rice variety poised to capture market share - Rice News Today\" \/>\n<meta property=\"og:description\" content=\"CARDI showcases a sample of Champei Sar 70 in April.\u00a0Hong Menea With fields now abundant with the golden stalks of a new rice variety, Champei Sar 70 (CPS 70), both the agriculture ministry and the Australian embassy in Phnom Penh are keenly expecting a breakthrough in the market. 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