# Thai Government Plans Initiatives to Stabilize Cassava Prices

- Link: https://www.thailand-business-news.com/markets/commodities/177131-thai-government-plans-initiatives-to-stabilize-cassava-prices
- Published: 2024-11-27T07:19:00+07:00
- Author: NNT

The Thai government has announced a series of initiatives aimed at stabilizing cassava
prices, ensuring fair compensation for farmers, and boosting the agricultural sector.
These measures include providing subsidies for cassava production, improving storage
facilities to reduce post-harvest losses, and expanding market access for farmers
through export promotion and local processing industries.

## Key Takeways

 * As the cassava harvest season nears, the government plans to stabilize prices
   and secure farmers’ incomes through fair pricing and transaction protection. 
   Deputy Spokesperson Anukool Pruksanusak announced task forces to work with commerce
   offices and inspectors to oversee cassava purchasing activities nationwide.
 * Anukool stressed fairness in quality and pricing, urging farmers to harvest crops
   at full maturity for higher starch content and prices. Early harvesting has resulted
   in reduced prices due to lower starch content. Currently, cassava with 25% starch
   content is priced at 2.50 baht/kg.
 * Buyers are warned to comply with legal standards; violators face penalties including
   imprisonment and fines for underpricing or displaying incorrect prices. Anukool
   highlighted severe consequences for using unverified measuring instruments, including
   up to seven years’ imprisonment and hefty fines.

As the cassava harvest season approaches next month, the government has unveiled
measures to stabilize prices and safeguard farmers’ incomes. The initiative aims
to ensure fair pricing, improve crop quality, and secure transactions through strict
monitoring and enforcement of legal standards.

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**Deputy Government Spokesperson Anukool Pruksanusak** revealed that the Department
of Internal Trade has mobilized special task forces. These teams are collaborating
with provincial commerce offices and weights and measures inspectors to supervise
cassava purchasing activities nationwide.

Anukool highlighted the importance of fairness in quality assessments and pricing.
He encouraged farmers to harvest their crops at full maturity to achieve higher 
starch content and better prices.

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Currently, some farmers have already started harvesting. However, premature harvesting
or the use of uncertified cassava varieties has resulted in lower starch content,
averaging around 19-20%. This leads to reduced prices. Fresh cassava with 25% starch
content is currently priced at an average of 2.50 baht per kilogram. Starch content
is expected to increase by December as the rainy season concludes.

Buyers have been warned to comply with legal standards. Violators face strict penalties
under existing laws.

Penalties for underpricing include up to seven years’ imprisonment, fines of up 
to 140,000 baht, or both. Violations such as failing to display prices, displaying
incorrect prices, or charging for weighing agricultural products carry penalties
of up to five years’ imprisonment, fines of up to 100,000 baht, or both.

Anukool also warned that using unverified or expired measuring instruments can result
in six months’ imprisonment, fines of up to 20,000 baht, or both. Tampering with
measuring devices may lead to seven years’ imprisonment and fines of up to 280,000
baht.

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