Advantages and Disadvantages on Contract Farming in Lao PDR

Abstract

This research is a destination to know about the advantages and disadvantages of contract in Lao PDR, The destination has been proceeding by the standard approach by interview As well of farmer and company. On this basic of research revelation and probes into the path of contract farming which unified of farmer and company, The contract farming circulation and inheritable system under membership. The results found advantages and disadvantages of contract farming. Advantages on contract farming are farmer have product sales, Receive knowledge, The product meets standards set by the company, In the age of globalization pricing and delivery time clearly, Farmer improves management efficiency, It the efficiency of sharing from the company farm management, Skills was improved. And disadvantages is private sector usually of contract farming, High-risk farmers, Contract farming does not clearly and debts pesticides and insecticides. These are the advantages and disadvantages of contract farming in Lao PDR.

Keywords: contract farming, advantages and disadvantages, Lao PDR.