The Thai Rice NAMA will focus on six relevant provinces in the Central Plains of Thailand: Chainat, Ang Thong, Pathum Thani, Singburi, Ayutthaya, and Suphanburi
Over 34 million tons of rice are expected throughout this year, no fewer than 10 million tons of which will be exported.
Sales had risen significantly across all international markets, particularly in Indonesia (679%), Malaysia (53%) and the Philippines (25%)
Nearly 60 million of them are involved in rice production, growing collectively over 44% of the world’s rice
The 9.5 million tons of the Thai rice will bring some 4.7 billion U.S. dollars in export value thoughout 2018
Thailand’s rice subsidy scheme was the previous government main populist policy, but within two years of highly subsidised prices it has turned into a political and...
Vietnam plans to gradually reduce rice production and switch to other more profitable crops, a plan that experts say makes sense since the country grows so...
About 25 million tonnes of rice will be produced during 2016-17 crop years in Thailand instead of the normal production output of between 31-32 million tonnes