Thai govt. to help rice farmers get higher prices this year

[snoop1130]

 

The Thai cabinet approved rice price intervention measures today, aimed at discouraging farmers from rushing to sell their crops to rice traders or millers, but to store their harvests in barns of their cooperatives and to sell it when the price is right.

 

The cabinet has decided to set aside 55 billion baht, about 44 billion through the Bank of Agriculture and Agricultural Cooperatives (BAAC), to be extended as credit or loans to farmers’ associations, cooperatives and farmers who have their own barns, to buy paddy and to hold the unmilled grain for 4-5 months, then selling it to millers when it is more profitable.

 

Government spokesman Chai Wacharonke said, through these measures, it is estimated that about four million, out of a total of 10 million tonnes of the 2023-24 rice crop, are to be stored by farmers’ cooperatives and farmers.

 

Full story: Thai PBS 2023-11-07

 

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[ukrules]

Didn't they try something like this before?

Edited November 7, 2023 by ukrules

[kickstart]

Some government official saying something that he has no idea about, yet again.

It has to do with the moisture of the crop for safe storage any corn crop rice, maize, barley, ect ,must be stored at 15% moisture, if not it heats up and the crop will be spoiled.

Now most farmers harvest they crop at 25%30% moisture the reason, they what to sell the crop and get paid for it, and a lot of farmers can pay they debts off, selling the crop at a high moisture they get more money than if they sell the crop at say 15%, they are basically selling water.

Most rice farmers do keep some crop back or seed for the fowling year that has to be dried they do that by sun drying leave in the sun for a few days then bag it up and keep it.

Now if farmers kept all they crop back they would not be enough area to dry the crop. say 20 ton of rice drying will take up a lot of space and take a lot of time drying, then what, most farmers   do not have any sheds for storage, building one would cost more than they would get back, and a shed that can keep water and rat's out.

I rest my case.

 

[still kicking]

53 minutes ago, ukrules said:

Didn't they try something like this before?

Maybe she is back as well?????

[stoner]

Grow better quality rice and stop the schemes then maybe things will change. 

 

 

[mikebell]

11 hours ago, ukrules said:

Didn't they try something like this before?

They did and it was a huge scam from start to finish: photos of hollow rice mountains; millions imported from Vietnam/Cambodia; PM arrested.  Let's see how this one fares.