BANGKOK, Nov 9 (TNA) – The Bank for Agriculture and Agricultural Cooperatives started to transfer financial aid to the rice growers who participated in the farmers’ income insurance program of the government for the 2021/2022 crop season today.

 

BAAC senior executive vice president Kasab Ngeanruang was among the officials who were present in a ceremony to hand financial assistance worth totally 13.22 billion baht to the rice growers who were affected by low produce prices, economic problems, COVID-19 outbreaks and flooding.

 

The farmers who received the aid on Nov 9 reported their first harvest before Oct 15.

 

Full Story: https://tna.mcot.net/english-news/line-today-english-news-819763

 

-- © Copyright TNA 2021-11-09

 

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I guess they could ask Yingluck for advice.

Just in time for the burning season. ????????????

14 hours ago, snoop1130 said:

BAAC senior executive vice president Kasab Ngeanruang was among the officials who were present in a ceremony to hand financial assistance worth totally 13.22 billion baht to the rice growers who were affected by low produce prices, economic problems, COVID-19 outbreaks and flooding

If the co-operative invested all  that money more wisely in updating farming practices to help them, instead of just bailouts maybe the farmers could produce more and better quality rice using modern techniques and machinery?

BAAC and govt middleman mafia is reflective of an age old practice: 

Beholden to the company store syndrome.

Edited November 10, 20214 yr by zzaa09

Farmers  getting low prices for their rice , BUT prices at the retail

level are very high, and have not fallen at all , the farmers might

not be making a profit , but somebody is , for little work and risk.

regards worgeordie

Didn't the general seize the country because the elected government was giving hand outs to rice farmers?

4 minutes ago, worgeordie said:

Farmers  getting low prices for their rice , BUT prices at the retail

level are very high, and have not fallen at all , the farmers might

not be making a profit , but somebody is , for little work and risk.

regards worgeordie

A free and open market might have a place. 

As well as a true community-based farmer's cooperative. 

 

The growers need to take back their precious political tool.

1 hour ago, hotchilli said:

If the co-operative invested all  that money more wisely in updating farming practices to help them, instead of just bailouts maybe the farmers could produce more and better quality rice using modern techniques and machinery?

 A diversification away from Rice into other crops that would grow easier and more profitably would be the way to go .

3 minutes ago, Cake Monster said:

 A diversification away from Rice into other crops that would grow easier and more profitably would be the way to go .

Yet, all important aggie/horticultural products are just as controlled and "managed" as rice. 

Per usual - the bigger picture is missed. 

2 hours ago, hotchilli said:

If the co-operative invested all  that money more wisely in updating farming practices to help them, instead of just bailouts maybe the farmers could produce more and better quality rice using modern techniques and machinery?

Could you explain which farming practices you have in mind?

 

19 minutes ago, Cake Monster said:

 A diversification away from Rice into other crops that would grow easier and more profitably would be the way to go .

The climate in much of Thailand is particularly suited to rice rather than other crops, that's why rice has been farmed here from time immemorial.

Profit depends among other things on the sale price, and if all rice farmers started growing something else the price of that crop would come down (basic supply and demand).

 

1 hour ago, worgeordie said:

Farmers  getting low prices for their rice , BUT prices at the retail

level are very high, and have not fallen at all , the farmers might

not be making a profit , but somebody is , for little work and risk.

regards worgeordie

Yes true, but the rice currently in the supermarket is not this current crop, which hasn't been milled, distributed or retailed yet. The recent increases in supermarket prices can be explained by increased petrol-diesel-transportation prices. Not that either of us would expect supermarket prices to come down if the oil price slumped again!

 

 

By the way all 1. The main reason that rice prices are low is that covid has very seriously affected exports for a variety of reasons.

By the way all 2. Rice farming is the single most important employer in Thailand.

By the way all 3. Looking at the bigger picture, increasing global food insecurity puts major food producers like Thailand in an important position. The vital importance of farming and farmers does deserve greater recognition.

 

 

56 minutes ago, Cake Monster said:

 A diversification away from Rice into other crops that would grow easier and more profitably would be the way to go .

If you've got paddy that's all you have, paddy. Rice is a staple diet in Asia, the price shouldn't be this low.

Some of this money being handed out should go to machines that can process the "rice stubble" after the growing season to reduce the burning of the fields.  The "rice stubble" can be processed and made into "take out" containers that are biodegradable.

 

There is no current processing plant in Thailand and the by-product must be shipped to India for final processing.  The Gov could invest in this area.

    

 

5 hours ago, Cake Monster said:

 A diversification away from Rice into other crops that would grow easier and more profitably would be the way to go .

An addition to rice maybe as a second crop?

8 hours ago, hotchilli said:

If the co-operative invested all  that money more wisely in updating farming practices to help them, instead of just bailouts maybe the farmers could produce more and better quality rice using modern techniques and machinery?

Just had our rice graded by a new machine in a village set up, to allow use of a seed drill if we choose next planting, rather than broadcast. So yes there are improvements happening even if you do not experience them. Brand New seed drill is sat waiting for action next year.

5 hours ago, HaoleBoy said:

Some of this money being handed out should go to machines that can process the "rice stubble" after the growing season to reduce the burning of the fields.  The "rice stubble" can be processed and made into "take out" containers that are biodegradable.

 

There is no current processing plant in Thailand and the by-product must be shipped to India for final processing.  The Gov could invest in this area.

    

 

Cattle process rice straw and there is an increasing number in Thailand, many in our area ran out of rice straw this year, demand will be higher for next year, as such it is becoming a local commodity with value