Bt17-billion to be allocated for crop-guarantee schemes

[webfact]

Bt17-billion to be allocated for crop-guarantee schemes

By The Nation

 

Chalermchai Sri-on

 

A Bt17-billion budget would be allocated for crop-guarantee schemes this year, Agriculture Minister Chalermchai Sri-on said on Monday (August 5).

 

The funds for major crops such as palm, rice and rubber will be mobilised from any leftover budget of various departments under the ministry if the amount to be allocated by the new government in the coming fiscal budget does not become available, he added.

 

The price for rice should be Bt10,000 per tonne, Bt4 per kilogram for palm, and Bt65 per kilogram of rubber, he said, adding the duration and other conditions of the scheme would be discussed among relevant agencies and made public when finalised.

 

The minister issued a four-point policy for his ministry: advance planning for nationwide water management; stabilising prices of major crops; tackling illegal activities in the fishery industry, and prevention and elimination of cassavas' and other crop diseases.

 

To boost the price of rubber, Chalermchai said his ministry would soon sign memorandums of understanding with the Transport Ministry on road construction projects which would involve bedding of bottom road tiers with rubber products.

 

Source: https://www.nationthailand.com/news/30374274

 

-- © Copyright The Nation Thailand 2019-08-06

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[RichardColeman]

I sense government debt and stockpiling coming right up

[leeneeds]

Like the rubber placed in the roads, the government will 

bounce to new highs in reclaiming over the top payments

for crops, supply and demand still gets lost in their mathematics.

[sunnyboy2018]

8 minutes ago, RichardColeman said:

I sense government debt and stockpiling coming right up

Price gurantee schemes form the bedrock of security and motivation for agrarian growth and production.  Food is too important to be left to market forces alone. The basis for the EU is such food gurantee schemes.

[ukrules]

I'm sure I heard something like this before, something to do with rice I believe....

[Matzzon]

This is what they call a rice sheme pledging for disaster.

[Tayaout]

2 hours ago, sunnyboy2018 said:

Price gurantee schemes form the bedrock of security and motivation for agrarian growth and production.  Food is too important to be left to market forces alone. The basis for the EU is such food gurantee schemes.

Same for American milk, corn, soy, etc. I. Still oppose government intervention but can understand their logic. 

Edited August 5, 2019 by Tayaout

[jerojero]

Leftover budget? Thought they were running a deficit. Spend here there and everywhere. Why not! Taxpayers can pay for it later. Excellent governance. Sheesh!

[hotchilli]

5 hours ago, webfact said:

The price for rice should be Bt10,000 per tonne, Bt4 per kilogram for palm, and Bt65 per kilogram of rubber,

Surely the market dictates the prices or are we going down the same road as the rice scam again?

[scorecard]

3 minutes ago, hotchilli said:

Surely the market dictates the prices or are we going down the same road as the rice scam again?

And if farmers (with all respect to farmers) are continuously paid well above what the market (supply and demand etc.) dictates the country loses in terms of overall infrastructure development etc. And going down this road forever probably also limits / doesn't encourage or support) better levels of knowledge and professionalism re farming and business. 

 

But (and it's a big but) does it actually mean that food products (especially farming) needs to be totally rethought (possibly meaning bigger enterprises or bigger cooperatives (if professionally managed) so that growers get better returns and that probably means subsidies, but subsidies which are within some logical boundaries. Some European countries have good policies and practice in this subject area.

 

 

[Andycoops]

When the Shinwats did this they were taken to court.

No doubt it's one rule for them and our rule for us...

[FarFlungFalang]

6 hours ago, webfact said:

leftover budget of various departments

Time to top up the trough then!

[justin case]

but 17 billion is the price of 1 chinese submarine they need so much

[worgeordie]

Wonder what % of Bht 17 Billion, will just disappear......then 

ending up in some far away offshore accounts,just like that.

regards worgeordie

[Eric Loh]

 

The government will be shouldering the subsidies but will not affect the state's coffers. Strange statement made by the minister.

 

Is 17B Baht allocation enough? Rubber set at 60B/kg and current price is at 39B/kg. Palm oil guaranteed at 6B while current price is 2.46B. Rice at 10,000B from current 7,000B. Just rice alone at export volume of 9 million tonnes will cost 27B Baht subsidies.  

 

Maybe the minister knows better or maybe trying to impress on his first few days in office. 

[sawadeeken]

27 minutes ago, worgeordie said:

Wonder what % of Bht 17 Billion, will just disappear......then 

ending up in some far away offshore accounts,just like that.

regards worgeordie

Yes...... this was about to be my same reply.......... I think with the graft that there 'still is' in Thailand...... It may be possible that out of 17 billion..... 3 billion will reach the POOR farmers......

from the higher ups right down to the lowly (and local) 'Pua Yai Ban's' there are pockets of all levels of government who think a percentage is intended for them.........

We all must have pity for the 'POOR THAI' folks and we can justify our hate for the Thai (corrupt) government...... NOW.... More than ever before......

Taksin was horrible .... If there is a word for 10 times how horrible Thaksin was.... then that would   describes this regime....

 

[Percy P]

6 hours ago, sunnyboy2018 said:

Price gurantee schemes form the bedrock of security and motivation for agrarian growth and production.  Food is too important to be left to market forces alone. The basis for the EU is such food gurantee schemes.

Yes,that why there were butter mountain's, milk that had to be thrown away .And so on.

[hotchilli]

1 hour ago, scorecard said:

But (and it's a big but) does it actually mean that food products (especially farming) needs to be totally rethought (possibly meaning bigger enterprises or bigger cooperatives (if professionally managed) so that growers get better returns and that probably means subsidies, but subsidies which are within some logical boundaries. Some European countries have good policies and practice in this subject area.

That's a very big if here in Thailand... cooperatives are a good thing but when the middlemen are just conmen raking in all the profits without the fair share going into the farmers pockets then it's a dead duck.

It's a shame that corruption kills everything !

[SoilSpoil]

Rice, rubber, corn are mostly frown for export and benefit certain well known agro corporations. Why not subsidize farmers that grow healthy and organic food for the people?

 

Its getting harder and harder to get vegetables on our dinner table.

[hobz]

6 hours ago, jerojero said:

Leftover budget? Thought they were running a deficit. Spend here there and everywhere. Why not! Taxpayers can pay for it later. Excellent governance. Sheesh!

So are they printing money like the fed? Will it weaken the baht? I hope so

[sawadee1947]

Reminds me of Yingluck's rice business. 

She was ousted for that. Will this happen to current PM as well?