Government Sets to Extend Rice Price Guarantees in 2021-22 Season

[Jonathan Fairfield]

 

BANGKOK (NNT) - The government sets to allocate 80 billion baht to extend the rice price guarantees in the 2021-22 season for the annual scheme operating for the third consecutive year, and 8 billion baht for price stability.

 

Commerce Minister Jurin Laksanawisit said the National Rice Policy Subcommittee on marketing agreed to continue the rice price guarantee scheme, using the same criteria as the previous season, as well as measures to maintain rice price stability. The decision will be submitted to the National Rice Policy Committee meeting chaired by the prime minister, then sent for the Cabinet approval.

 

According to Mr Jurin, Thailand is expected to produce as much as 26 million tons of paddy in the 2021/22 season running from October to February next year, up 4% from the current season due to sufficient rainfall and higher plantation as COVID-19 caused farm workers to return to their family homes and grow more rice.

 

The minister added that he ordered the Foreign Trade Department to speed up talks with China on purchasing more rice through a government-to-government (G2G) deal after China agreed to buy 20,000 tons of white rice from Thailand in June.

 

-- © Copyright NNT 2021-08-08

 

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[worgeordie]

4 minutes ago, Jonathan Fairfield said:

China agreed to buy 20,000 tons of white rice from Thailand in June.

You will have to do a lot better than that....., good that the Baht is

falling, but I suspect Thai rice is still more expensive than the

competition.

regards Worgeordie

[Nojohndoe]

1 hour ago, worgeordie said:

You will have to do a lot better than that....., good that the Baht is

falling, but I suspect Thai rice is still more expensive than the

competition.

regards Worgeordie

Actually not at all. But quality for quantity and price it is globally desirable.

[Gottfrid]

Do I smell another fat rice scheme?

[zzaa09]

Imagine what might be possible within a real free market system. 

[mtls2005]

50 minutes ago, Gottfrid said:

Do I smell another fat rice scheme?

 

The regime has been using agricultural subsidies (direct, loans, price guarantees) since they were a junta.

 

 

[metisdead]

A post using a trolling reference to the PM has been removed. Please use the correct names of politicians/people when posting.

[grumbleweed]

Quote

Government Sets to Extend Rice Price Guarantees in 2021-22 Season

I didn't know Yinluck was back

[Nojohndoe]

Along with other agricultural "price  guarantees" the rice subsidy has been in place a long time. That and payments to small land holders growing rice.

Why is it that the subject has suddenly evoked reference to the Yingluck debacle?

The reality is that this "guaranteed" price is never paid to the actual farmer but instead to the intermediary buyers who often screw the little guys by paying  half that price!

Never mind that now people are free to find independent  markets. In most cases it is way beyond the capacity of small producers.

 

.

 

[Nojohndoe]

India has been found to have and admitted to contravening WTO agreements by exceeding  rice production subsidies  set at 10% by paying out over 13% by invoking a "peace  clause" as justification. In addition there are the urea subsidies that pump out greater volume but low quality rice from India.

The genuinely poor wrinkly older generation that annually is obliged to contribute to a controlled export product in Thailand is on the wane.

 

[Mr Meeseeks]

A rice pledging scheme you say? 

 

Well knock me over with a feather. 

[hotchilli]

15 hours ago, Gottfrid said:

Do I smell another fat rice scheme?

Subsidised rice so that Thais can compete globally.

[Sydebolle]

Demonopolize the rice trade and keep the government out of all this = the business will flourish and prosper. It will not happen though, so the "license holders" can continue to cream off whatever profit they want. 

Years ago I hand carried two kilos of Italian risotto which got confiscated upon arrival at Bangkok as I did not have the necessary paperwork, license or permit. Unlike other encounters it was not possible to shortcut the licensing with some beer money. Good on the officers but not only ridiculous on the regulation but quite obviously proof of "free trade"! 

[Nojohndoe]

14 minutes ago, Sydebolle said:

Demonopolize the rice trade and keep the government out of all this = the business will flourish and prosper. It will not happen though, so the "license holders" can continue to cream off whatever profit they want. 

Years ago I hand carried two kilos of Italian risotto which got confiscated upon arrival at Bangkok as I did not have the necessary paperwork, license or permit. Unlike other encounters it was not possible to shortcut the licensing with some beer money. Good on the officers but not only ridiculous on the regulation but quite obviously proof of "free trade"! 

Because Thailand is very protective of the Jasmine varieties and the many hybrids locally developed there will be a fear of random contamination by such imports of viable seed. Changes in climate have been forcing research into even more hybrid development to compete with that factor as well as a shift in consumer preference. Problematic is that too many small growers still stick to what they prefer to eat ( hard rice) which even in excess of their own need for consumption sells for less.

Jasmine rice of the past used to be much more aromatic than the hybrids are now which have been developed with disease resistance and greater yield. Unfortunately that has not so successfully been to the satisfaction of the global market.

Many countries have strict regulatory controls on agricultural products that are not necessarily intended to create trade monopolies but to protect the integrity and standardization of an export product.

 

 

[Venom]

 

In unison PM 2.5 air pollution set to hit record highs next year. Burn baby burn. ???? 

[Sydebolle]

6 hours ago, Nojohndoe said:

Because Thailand is very protective of the Jasmine varieties and the many hybrids locally developed there will be a fear of random contamination by such imports of viable seed. Changes in climate have been forcing research into even more hybrid development to compete with that factor as well as a shift in consumer preference. Problematic is that too many small growers still stick to what they prefer to eat ( hard rice) which even in excess of their own need for consumption sells for less.

Jasmine rice of the past used to be much more aromatic than the hybrids are now which have been developed with disease resistance and greater yield. Unfortunately that has not so successfully been to the satisfaction of the global market.

Many countries have strict regulatory controls on agricultural products that are not necessarily intended to create trade monopolies but to protect the integrity and standardization of an export product.

 

 

Could not agree more with the core of your message being "Jasmine rice of the past used to be much more aromatic than the hybrids". 
If you educate these farmers through co-operative programmes in their local lingua, explaining what "quality over quantity" means and let them also have the benefit ........ well, it did not happen and now it is too late. 

And if a traveller carries two kgs of vacuum packed risotto from Italy, it is either forbidden or not. In this as in many many, if not most other, cases some beer money usually does the trick. These guys stopped me not for avoiding hybriding their jasmine rice - most likely - me thinks! 

[unblocktheplanet]

Thank you, Yingluck!