Agriculture Ministry’s survey: Thai farmers earn more income

[webfact]

Agriculture Ministry’s survey: Farmers earn more income

 

   

BANGKOK (NNT) - Last year, Thai farmers earned more income and enjoyed better quality produce, thanks to the government’s marketing drive. This year, the output of rice, para rubber, fruit and corn has substantially increased.

 

The Permanent Secretary for Agriculture and Cooperatives, Anan Suwannarat, said a survey conducted by the Office of Agricultural Economics found that farming households earned an annual income of 197,373 baht in 2018, up by 22.64% year-on-year. At the same time, their spending increased to 122,890 baht, up by 20.53%. Farmers’ annual per capita income averaged 74,483 baht, up by 26.29%.

 

When considering the farmers’ sources of income last year, the survey found that many rice, fruit and field crop farmers earned more income. Although their operating costs had increased due to the economic situation, they still earned more income.

 

The government has placed great importance on strengthening farmers and agricultural institutions by raising their standards, implementing effective marketing planning, using technology and innovation to enhance their competencies, and carrying out the Sustainable Thainess scheme.

 

The government has also cooperated with the private sector and the civil society to encourage farmers to grow crops that are suitable to their environmental conditions, allocate water resources, and using good seed varieties. With the support from different sides, many farmers have expanded their farms and taken better care of their crops according to water supplies and weather conditions. As a result, the quality and quantity of their produce have increased improved.

 

-- © Copyright nnt 2019-06-21

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[Gecko123]

Farm income probably was up last year in my area, but would attribute it almost entirely to favorable rain conditions.

 

Also use of groundwater for irrigation increased at an unsustainable rate. No sign of any coordinated effort to manage this resource. I'm no meteorologist, but have this theory that the more ground water is depleted, the drier the sub and top soils become, with less moisture available to evaporate into the atmosphere, resulting in less rainfall.

 

After a decent start, the monsoon rains have really tapered off this year. It's going to affect corn crop yields for sure, probably sugar cane too. Not sure how it'll affect manioac. Doubt farm incomes will be up this year.

 

Edited June 21, 2019 by Gecko123

[marko kok prong]

Agree Gecko,round my way very dry,many rice paddies as yet unplanted,corn too,forecast says little rain for next week a think a poor wet season this year,and with the baht so high ,most of last years produce will be sitting in warehouses.

[Eric Loh]

The Thai Chamber of Commerce just said the opposite. I wouldn't trust a ministry in-house designed survey. 

[PatOngo]

We just love our new Benz's!

 

[connda]

Given the USA's corn crop disaster - I'd be planting corn like mad here in the LOS.

[connda]

34 minutes ago, PatOngo said:

We just love our new Benz's!

 

Probably not a Benz for sure - But!!!  A new Toyota Hi-Lux truck financed by a Thai bank using your Charnote as as collateral?  Very doable! 
"Sign right here.................."

[Eligius]

Yes, everything in the garden is rosy: rice yields are up more than ever witnessed in history before; farmers are wallowing in luxury; farm labourers are driving around in Porsches  - all due to the wise and beneficent management of the economy and  nation by the omniscient, omnipotent and unmatched junta!

 

Edited June 21, 2019 by Eligius

[PatOngo]

6 hours ago, webfact said:

Farmers earn more income

I'm spending the off season touring Europe!

 

[PatOngo]

I'm so happy, I just bought 2 Richard Mille watches. ✌️

[Srikcir]

8 hours ago, webfact said:

Farmers’ annual per capita income averaged 74,483 baht, up by 26.29%.

Backing into numbers for a year ago for revenue vs expenses, I get a net income of Bt65,027.

Compare that to recent Bt74,483 I get an increase of 14%. Intuitively, if earnings increased 22.64% and spending increased 20.53%, the difference would not increase higher than those two rates. 

Still even a 14% increase would seem commendable.

But I notice the increase is the combined per capita for the collective output of rice, para rubber, fruit and corn. There has also been market manipulation (substantial government subsidies and consumption while restricting imports). So the statistics cited defy clear comprehension and trust. 

[GreasyFingers]

I do not know about the big farms but the local prices for most vegetables are up 200-300% from when we were growing them over the previous 2 years. Good luck to all of the growers but as Gecko says the yields are going to be down if the full wet season does not kick in soon. Happily we have got out of the market.

[Chrisswe]

In our case Sugar-cane farming WE LOST 600.000 bht this year the first loss in 10 years, and I can shown hundreds in same situation !!!!!!!!!!!

[Mavideol]

10 hours ago, webfact said:

a survey conducted by the Office of Agricultural Economics found that farming households earned an annual income of 197,373 baht in 2018, up by 22.64% year-on-year. At the same time, their spending increased to 122,890 baht, up by 20.53%. Farmers’ annual per capita income averaged 74,483 baht, up by 26.29%.

my friend has a rubber plantation down in Trang and he has no such annual income increase on the contrary he made less than last year...who to believe? the survey was conducted by the Office of Agricultural Economics, sure they want the numbers to look good

[khunPer]

3 hours ago, Mavideol said:

my friend has a rubber plantation down in Trang and he has no such annual income increase on the contrary he made less than last year...who to believe? the survey was conducted by the Office of Agricultural Economics, sure they want the numbers to look good

Average, some ear more and some earn less.

 

And some farmers might have additional income that is not accounted for in the survey, could be they forgot to tell the tax-man that they also sold something on the local market...????

[happy chappie]

Anyone in this government who opens his cake hole will come out with what they want the people to know.with the baht flying so high I myself think it's the usual propaganda.my wife's family of farmers were and are as poor as ever and they don't lay about in hammocks all day.

[Chazar]

12 hours ago, Eligius said:

Yes, everything in the garden is rosy: rice yields are up more than ever witnessed in history before; farmers are wallowing in luxury; farm labourers are driving around in Porsches  - all due to the wise and beneficent management of the economy and  nation by the omniscient, omnipotent and unmatched junta!

 

And  don't  forget  the Emperors  lovely  new  clothes!

[Chazar]

8 hours ago, Chrisswe said:

In our case Sugar-cane farming WE LOST 600.000 bht this year the first loss in 10 years, and I can shown hundreds in same situation !!!!!!!!!!!

Stop spreading this  vile  propaganda, you discredit the hard working Thais, wheres  that phone  number for fake news so i can contact the govt busybody concerned and the mind control dept?

A "holiday" at a readjustment and compliance centre will be on it's way  soon for the family and remember "bad guys out/poor  guys  out/Farangs  out"

[inThailand]

Farmers earn more income.

 

 

Sounds like a TOT fabrication?

[hotchilli]

22 hours ago, webfact said:

farming households earned an annual income of 197,373 baht in 2018, up by 22.64% year-on-year

Really ?

[connda]

13 hours ago, GreasyFingers said:

I do not know about the big farms but the local prices for most vegetables are up 200-300% from when we were growing them over the previous 2 years. Good luck to all of the growers but as Gecko says the yields are going to be down if the full wet season does not kick in soon. Happily we have got out of the market.

Given the complete lack of fruit on the local trees, I'd predict that Lumyai will be at record prices for growers.  But - not many growers out in our area have any fruit.  A few of the farmers who use irrigation and a whole lot of chemicals will probably make a killing this year.  Everyone else?  Farmer bank will have a heyday making loans.