Part of Koh Kham Island for Sale for 1.8 Billion Baht

[Peteblank]

Hello. So I have a stable income stream but the budget is a little tight and I'm not opposed to teaching english but i rather do something else if possible. 

So anyways, my father in law is a rice farmer. I don't have the first clue about that business, but he sells to the local supplier in Surin.

I've visited this site here http://www.thairiceexporters.or.th/ I don't know much thai language(which im working on) I get the impression maybe the rice could fetch a higher price if i take it there instead of the local supplier.

My wife is being a little difficult right now and won't tell me any information about my father's in law farming. So I'm not sure if this is a good idea.

Can somebody please point me in the right direction?

[Will B Good]

6 minutes ago, Peteblank said:

Hello. So I have a stable income stream but the budget is a little tight and I'm not opposed to teaching english but i rather do something else if possible. 

So anyways, my father in law is a rice farmer. I don't have the first clue about that business, but he sells to the local supplier in Surin.

I've visited this site here http://www.thairiceexporters.or.th/ I don't know much thai language(which im working on) I get the impression maybe the rice could fetch a higher price if i take it there instead of the local supplier.

My wife is being a little difficult right now and won't tell me any information about my father's in law farming. So I'm not sure if this is a good idea.

Can somebody please point me in the right direction?

 

 

To be honest, my first reaction was forget about it.

 

Then after I thought for a while my second reaction was forget about it.

 

I would be amazed if any Thai would welcome interference of any sort in what they were doing.

 

 

 

Edited October 3 by Will B Good

[Peteblank]

Thank you, well i can write that off i guess.

[Will B Good]

Just now, Peteblank said:

Thank you, well i can write that off i guess.

 

Well hang back and see what others say.

 

I am only speaking from my own experience.....they do not like to be advised on what to do and certainly not by a farang.

 

Others might have different/better advice.

[Will B Good]

15 minutes ago, Peteblank said:

Hello. So I have a stable income stream but the budget is a little tight and I'm not opposed to teaching english but i rather do something else if possible. 

So anyways, my father in law is a rice farmer. I don't have the first clue about that business, but he sells to the local supplier in Surin.

I've visited this site here http://www.thairiceexporters.or.th/ I don't know much thai language(which im working on) I get the impression maybe the rice could fetch a higher price if i take it there instead of the local supplier.

My wife is being a little difficult right now and won't tell me any information about my father's in law farming. So I'm not sure if this is a good idea.

Can somebody please point me in the right direction?

 

 

One way this might work is if you buy the rice at a slightly inflated price from your FIL.

 

You then sell on the rice, with the promise that if you make a further profit the FIL can have that profit.

 

He has a guaranteed sale at a better price than he is already getting.....with the prospect of even more money should things pan out.

 

 

[Peteblank]

The entire profit? Well the idea was we could all get something out of the arrangement. But I don't know how much he currently sells it for and how much it'd get on the export market and well like you pointed out i'd probably stand out in the market. I do want to help the father in law though but maybe this was a bad idea.

[Will B Good]

1 minute ago, Peteblank said:

The entire profit? Well the idea was we could all get something out of the arrangement. But I don't know how much he currently sells it for and how much it'd get on the export market and well like you pointed out i'd probably stand out in the market. I do want to help the father in law though but maybe this was a bad idea.

 

Bad idea maybe....but a nice thought.

[Bday Prang]

The website you visited and posted the link to does actually have an english language option, but personally I would not waste my time , effort , or money  by getting involved.  Your wife is probably saying nothing because she knows nothing.

They don't make much money on rice,  most of then have no idea, The costs of producing it can be quite high too, which again few of them know much about as they rarely keep track of the expenses involved , Ie cost of fertiliser and irrigation if necessary.  

If you get involved it is likely that these costs will suddenly and magically increase dramatically, 

If you really have no idea about this or any other business you would be best advised to stay well away

[kickstart]

Not a good idea, one, you would need to speak Thai just to understand what is going on, and how the system works.

But the main problem is, an organization like this would deal in rice by the 100/1000 ton lots, not your family's 30? ton at the most.

If you want to improve your profit margin look at nish marketing of rice, like organically grown rice, try what  Thai's call Khow -Gong, what we would call whole grain rice, and sell it on line, the wife brought some last week on line, the farm is sells it at 50baht/kg, a lot more that you would get from selling it to your local suppler. 

[digbeth]

in small volumes youi'd have better chance direct selling to thai (household) buyers online, but where do you store it after milling - bagging and shipping who will do the labelling, how much does all these 

 

many made it work cutting out the middle men like this 

[kickstart]

On 10/21/2024 at 11:08 PM, digbeth said:

in small volumes youi'd have better chance direct selling to thai (household) buyers online, but where do you store it after milling - bagging and shipping who will do the labelling, how much does all these 

 

many made it work cutting out the middle men like this 

Good points but first he will have to get the moisture of the crop  down, most rice is harvested at about 30% moisture, wet, for any storage the moisture needs to be 15%, any more the crop will heat up and spoil.

Drying rice here is by spreading it on a concrete pad and turning it all the time, if the OP has say 20 ton that is a big aera of concrete, and a lot of turning, depending on the weather it could take 5 days, then bagging up and storing.

As has been said storage has to be good, to keep the weather and rats out.