Thai government urged to restrict exports of maize and soybean meal

[webfact]

 

The Thai Feed Mill Association is urging the government to review its policy of allowing the export of maize and soybean meal for animal feed, to ease the shortage of the two products in the domestic market.

 

In an urgent letter, addressed to Prime Minister Prayut Chan-o-cha and Commerce Minister Jurin Laksanawisit, the association president, Pornsilp Patcharinrattanakul, said that local producers of animal feed depend on imports of maize and soybean meal for up to 95% of their production and they are having to secure supplies of other raw materials to supplement the shortfall in maize.

 

He pointed out that, while the country is heavily dependent on imports of maize and soybean meal, the Commerce Ministry has, however, allowed their free export.

 

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Full story: https://www.thaipbsworld.com/thai-government-urged-to-restrict-exports-of-maize-and-soybean-meal/

 

-- © Copyright Thai PBS 2022-03-21

 

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[hotchilli]

4 hours ago, webfact said:

The Thai Feed Mill Association is urging the government to review its policy of allowing the export of maize and soybean meal for animal feed, to ease the shortage of the two products in the domestic market

Surely the Thai Feed Mill Assoc can decide to export or sell domestically without the need for a government review?

[Paul Henry]

If you want a free market economy you cannot expect the Government to interfere every time you have a problem. The growers have a choice free market or regulated.