Jump to content

Thailand rice exports expected to rise sharply


webfact

Recommended Posts

Rice-Paddy-Harvest_Adobe-stock_E.jpg

Credit: Adobe Stock

 

By Arvin Donley

 

BANGKOK, THAILAND — Thailand is forecast to export 8 million tonnes of rice in the 2021-22 marketing year, up 31% from the previous year, according to a Global Agricultural Information Network report from the Foreign Agricultural Service of the US Department of Agriculture (USDA).

 

Attractive Thai prices, driven by the weakening of the Thai baht, are the reason for the sharp increase in exports, the report said.

 

Rice production is projected to increase year-on-year from 18.8 million tonnes to 20.8 million tonnes, the USDA said.

 

Full story: https://www.world-grain.com/articles/16452-thailand-rice-exports-expected-to-rise-sharply

 

wg.jpg

-- © Copyright WORLD GRAIN 2022-02-08
 

- Aetna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

Link to comment
Share on other sites

Well, why not weaken the Baht a boatload, so they can sell more rice, and most everything they make here more competitively?  
Thailand must choose between a future of Belt and Road servitude, or an independent, competitive and vibrant economy.

  • Like 2
Link to comment
Share on other sites

No worries, the Baht strengthened a bit today.  The article probably took data from several weeks ago when the Baht was 1-2% lower than today.  The higher the Baht—the worse the economy.  They should understand that by now.

  • Like 1
  • Thanks 1
Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.








  • Topics

  • Latest posts...

    1. 36

      /Featured Quiz 13 Sept 24 - General Knowledge

    2. 162

      Stealing a Federal Election

    3. 158

      Best Song of Past 100 Years? Your Vote?

    4. 0

      Election Commissioners Face Removal Over Senatorial Election Fiasco

    5. 116

      Are these people stark raving mad?

    6. 116

      Are these people stark raving mad?

    7. 26

      Pedestrian Struck on Crossing by Motorbike: Suffers Broken Ribs and Ruptured Spleen

    8. 24

      Is Civil Unrest Inevitable If Trump Loses?

    9. 26

      Pedestrian Struck on Crossing by Motorbike: Suffers Broken Ribs and Ruptured Spleen

    10. 26

      Pedestrian Struck on Crossing by Motorbike: Suffers Broken Ribs and Ruptured Spleen

    11. 7

      Sleeping hours

    12. 0

      Getting back from NongKhai to BKK

    13. 14

      Why our GOP candidate will prevail.......

×
×
  • Create New...
""