Strong Baht May Drag Down Thailand's Rice Exports

[GentlemanJim]

Rats in food is your idea of humour?

If you have a source for this you should quote it. If not you should not post it.

It was sarcasm which is quite acceptable on this forum.

By the way, Thais eat field rats & mice.

Diseases such as leptospirosis and typhus are transmitted through rat

urine, fleas, and mites. In 2001 in northeast Thailand, over 14,000

people were infected with leptospirosis resulting in about 360 deaths.

http://www.irri.org/index.php?option=com_k2&view=item&id=7576〈=en

So you have just answered your own humourless reply haven't you I honestly wonder sometimes! Your attached thumbnail says it all. So just why were you demanding 'proof' from a poster when you have it yourself?

[LuckyLew]

It is not the strong baht the i causing problems for rice exports

It is the PTP and their rice scam that is the problem

[hellodolly]

It's already lost it's place as number one a stronger baht isn't going to help by any means. All they do is talk about it, no real action taken. So they must not really care. I have followed the baht for years now. It slowed down last week since there was strong talk doing something about. Appreciation slowed, now again no action so yes the baht will hurt rice exports.

To be exact it will and is hurting the rice exports. Actually it is only a part of the over all problem. The rice scam has a lot to do with the price.

[chiangmaikelly]

Diseases such as leptospirosis and typhus are transmitted through rat

urine, fleas, and mites. In 2001 in northeast Thailand, over 14,000

people were infected with leptospirosis resulting in about 360 deaths.

http://www.irri.org/index.php?option=com_k2&view=item&id=7576〈=en

So you have just answered your own humourless reply haven't you I honestly wonder sometimes! Your attached thumbnail says it all. So just why were you demanding 'proof' from a poster when you have it yourself?

You neglected to include the post I was responding to, changing the meaning of my response.

Another poster wrote, "Thai rice should be sold at a premium, it has meat added ( rice n rodents ) full off protein "

I wrote, "If you have a source for this you should quote it. If not you should not post it."

[paulmw]

Now that was nice to see. A Thai saying they want to see ASEAN as the hub and not Thailand as the hub.

Just maybe it’s beginning to dawn on some Thai’s that Thailand isn’t the center of the world.

[GentlemanJim]

Diseases such as leptospirosis and typhus are transmitted through rat

urine, fleas, and mites. In 2001 in northeast Thailand, over 14,000

people were infected with leptospirosis resulting in about 360 deaths.

http://www.irri.org/index.php?option=com_k2&view=item&id=7576〈=en

So you have just answered your own humourless reply haven't you I honestly wonder sometimes! Your attached thumbnail says it all. So just why were you demanding 'proof' from a poster when you have it yourself?

You neglected to include the post I was responding to, changing the meaning of my response.

Another poster wrote, "Thai rice should be sold at a premium, it has meat added ( rice n rodents ) full off protein "

I wrote, "If you have a source for this you should quote it. If not you should not post it."

"you have exceeded the maximum number of quotes allowed"

Please give it up. The photo you provided shows rice with lots of meat added. and whether there are dead rats in the bags or not, as the original poster was trying to have a joke, you have already identified the rice is likely contaminated with rat pee, rat s**t and God knows what else. Are you going to eat it? It is a sad day when you live in Thailand of all places and you go to the supermarket trying to find expensive imported rice to make sure you are not getting the kind of crap displayed in the photo you provided. Don't buy the cheap Thai rice! It is such a concern now that I am talking with a farmer about paying him to grow me a field of rice using top quality strains and to make it organic. The whole family will have trustworthy rice all year when it's done and to be honest, all in all, its dead cheap.

[winstonc]

keep it up gentleman jim,,,i think he meant SAUCE not sourse,,,hahahahaha,come on get a grip,,

[jimbeam1]

She said the rice export volume should surge in Q3 and surpass the
combined Q1 and Q2 volumes due to depleting stocks among importing
countries like Japan, Iraq, Iran and varied African nations.

Let us not also forget: Vietnam, Pakistan, Cambodia, Burma & of course the good old USofA, with India being No1

jb1

[apetley]

Thai rice should be sold at a premium, it has meat added ( rice n rodents ) full off protein

If you have a source for this you should quote it.  If not you should not post it.

I live near a large rice warehouse in Kanchanaburi. One of my wifes friends worked there until recently. He told us that the rice is in poor condition because it is damp and there are alot of rats running around. I have seen for myself the hessian bags full of rice piled on the floor because I cycle past 3 or 4 times a week.

Sent from my GT-I9003 using Thaivisa Connect Thailand mobile app

[apetley]

I am suprised that there is still 500 rice traders left in Thailand as the government has become the largest owner of rice and they hand pick the traders they want to sale the pledged rice. This government has destroyed rice industry in Thailand

Despite sluggish global demand and reduced competitiveness, the

Commerce Ministry is confident Thailand will be able to export 8.5

million tonnes of rice this year, generating US$5.7 billion (Bt169.4

billion) - 20 per cent higher than was achieved last year. ... http://www.thairiceexporters.or.th/rice_news_eng.htm

The OP of this very thread suggests six million tonnes may not be achieved.

Sent from my GT-I9003 using Thaivisa Connect Thailand mobile app

[Thai at Heart]

Thai rice should be sold at a premium, it has meat added ( rice n rodents ) full off protein

If you have a source for this you should quote it. If not you should not post it.

I live near a large rice warehouse in Kanchanaburi. One of my wifes friends worked there until recently. He told us that the rice is in poor condition because it is damp and there are alot of rats running around. I have seen for myself the hessian bags full of rice piled on the floor because I cycle past 3 or 4 times a week.

Sent from my GT-I9003 using Thaivisa Connect Thailand mobile app

By now it would normally be shipped, but alas rainy season is upon us. Anyone volunteer to rotate the 20mn tonne on stock bag by bag to let it lose some moisture?

It will deteriorate very fast due to rains.

[dru2]

Thai rice should be sold at a premium, it has meat added ( rice n rodents ) full off protein

If you have a source for this you should quote it. If not you should not post it.

I am currently trying to find out if anyone bearing the name 'Kelly' is involved in organizing the Thailand rice convention in Changmai. I can consider no other reason why anyone would reply in such a serious humourless fashion to the comment. Take your own advice, if a comment is made with humour and you cannot reply with humour, then 'you should not post it' !

Rats in food is your idea of humour?

Actually, Mr. Know-it-All Kelly, rats are indeed a popular source of food in Isaan - taken with our without rice. I helped make a film about hunting and cooking field rats for a US film company in Maha Sarakham a few years back - tastes a bit like chicken.

[ginjag]

Thai rice should be sold at a premium, it has meat added ( rice n rodents ) full off protein

If you have a source for this you should quote it. If not you should not post it.

I expected a negative reply from you, difficult is it to speak out against a disaster on this scale.

The strong bht HAS not MAY-dragged down the sale/export of Thai rice.

Edited May 16, 2013 by ginjag

[rubl]

"She said the rice export volume should surge in Q3 and surpass the combined Q1 and Q2 volumes due to depleting stocks among importing countries like Japan, Iraq, Iran and varied African nations."

'should' under the assumption importing countries have no choice but to but high quality and price Thai rice. Wasn't there a report on a possible global high in rice production this year?

[chiangmaikelly]

Rats in food is your idea of humour?

Thai rice should be sold at a premium, it has meat added ( rice n rodents ) full off protein

If you have a source for this you should quote it. If not you should not post it.

Actually, Mr. Know-it-All Kelly, rats are indeed a popular source of food in Isaan - taken with our without rice. I helped make a film about hunting and cooking field rats for a US film company in Maha Sarakham a few years back - tastes a bit like chicken.

Actually, Mr. Dru2 did you let the rats chew on your rice before you did? Did you let the rats poop on your rice before you ate it? Did you let the rat poop dry out and blow in the wind and inhale it while you ate? Hmmmm? Just checking. I don't think contaminated food is funny.

Edited May 16, 2013 by chiangmaikelly

[metisdead]

Ok, enough of the bickering about bad jokes, if posts continue in the same manner, they will disappear. Stay on topic.

[hellodolly]

"She said the rice export volume should surge in Q3 and surpass the combined Q1 and Q2 volumes due to depleting stocks among importing countries like Japan, Iraq, Iran and varied African nations."

'should' under the assumption importing countries have no choice but to but high quality and price Thai rice. Wasn't there a report on a possible global high in rice production this year?

Is she not aware that other countries export rice.

Some of the Cambodian rice is exported to Thailand as the Thai Government will pay more for it than any other country in the world. Of course they don't bother with customs and border crossings they have other unmanned routes they use.

[NeverSure]

Food And Agricultural Organization of the United Nations says rice production outpacing consumption.

Stocks to increase in 2013 with output gains foreseen in East Asia

Rice production rebounding in Africa.

19 November 2012, Rome - Global rice production for 2012 is forecast to outpace consumption in 2012/13, resulting in an upward revision of 5 million tonnes in 2013 closing inventories, according to a new forecast by FAO's Rice Market Monitor (RMM) issued today.

"Compared to last year, world rice carryover stocks are expected to rise by 7 percent, or 10 million tonnes, to a new high of almost 170 tonnes, marking the eighth consecutive year of stock accumulation," says the RMM. "As a result, the world rice stock-to-use ratio is forecast to rise from 33.6 percent in 2012 to 35.5 percent in 2013."

Link Emphasis mine.

And Thailand thought it could control the world's rice price by withholding rice, when the world is awash in rice. The world has 35.5% more rice than it needs.

There is no market for Thailand's rice at even half what they paid for it.

Let's not forget. The same people who brought you this genius scheme are running the government including government banks, the BOT and the Agricultural Bank.

They are also responsible for the baht, of which they have more than a few themselves and don't mind seeing its price high.

They are also responsible for getting Thai banks up to their eyeballs in real estate loans again, in another obvious bubble, to line someone's pockets.

Sit tight. Hold onto your hats. This is just the beginning.

[Phatcharanan]

Thai rice should be sold at a premium, it has meat added ( rice n rodents ) full off protein

If you have a source for this you should quote it. If not you should not post it.

Sense of humour deserted you today huh?

[rametindallas]

At some point in the future, the government will have to end this program. When they do, and will all the rice in warehouses, where will the Thai rice farmer sell his crop? The farmer will have to compete with their own government to sell rice on the world market. Who can afford to sell cheapest? the farmer or the government with its huge stockpile? I hope these farmers are saving their windfall now so they have enough money to switch to another crop. Of course, if PTP is still in power, they can have another scheme to help farmers transition to another crop. This government has effectively killed forever the rice industry in Thailand.

[rubl]

"Kobsuk Iemsuree, chairwoman of the Thai Rice Exporters Association, said the rice export volume should surge in Q3 and surpass the combined Q1 and Q2 volumes due to depleting stocks among importing countries like Japan, Iraq, Iran and varied African nations."

"Food And Agricultural Organization of the United Nations says rice production outpacing consumption.
Stocks to increase in 2013 with output gains foreseen in East Asia
19 November 2012"
http://www.fao.org/news/story/en/item/164713/icode/

The expression wishful thinking comes to mind. Also the government could get some problems with their non-revolving fund which at THB 500 billion is depleted and is supposed to be revolving on sales of the (somewhat growing) stockpile.

[rubl]

It's nice to have a post agreed upon by our resident critic while another it rejected as "it's just rubl's".

Anyway, since some don't bother to read it seems, let's quote from the topic: Strong Baht may drag down Thailand's Rice Exports". Add to that the artificial high price the government is paying and would therefor also expect when selling, we have a double whammy, allegedly of course :-)

[chiangmaikelly]

It's nice to have a post agreed upon by our resident critic while another it rejected as "it's just rubl's".

Anyway, since some don't bother to read it seems, let's quote from the topic: Strong Baht may drag down Thailand's Rice Exports". Add to that the artificial high price the government is paying and would therefor also expect when selling, we have a double whammy, allegedly of course :-)

They obviously messed up. Rice production at all time highs in some places no floods or droughts and the baht at record highs. You can bet somebody is going to take the fall.

Edited May 17, 2013 by chiangmaikelly

[Arkady]

Strong baht along with the weevils and rot in the rice stocks and the inflated price paid for rice imported from Burma, Laos and Cambodia.

Big T made a big risk free gamble thinking he could corner world rice and force up prices like the Hunt brothers did with silver. It was risk free to him because he would take a percentage of the profits through the ability to assign export contracts and any losses are absorbed by the tax payer. Heads I win, tails you lose.

Edited May 17, 2013 by Arkady

[chiangmaikelly]

Strong baht along with the weevils and rot in the rice stocks and the inflated price paid for rice imported from Burma, Laos and Cambodia.

Big T made a big risk free gamble thinking he could corner world rice and force up prices like the Hunt brothers did with silver. It was risk free to him because he would take a percentage of the profits through the ability to assign export contracts and any losses are absorbed by the tax payer. Heads I win, tails you lose.

I don't believe you. Do you have any links to support your theory?

[sonar6ca]

Thailand may not achieve this year’s export target of six million tonnes despite an earlier adjustment from the original target of 6.5 million tonnes, she said.

Who gives a rats ass about the farmers, as long as the (government friendly) bankers make money, everything is hanky dory.

[Thai at Heart]

Ummmm. The strong baht is increasing the prices of all agricultural exports not just rice. They are all largely priced in USD, so don't for one minute believe that rice is the only commodity this is effecting. The way they bought it from the farmer has screwed the pooch unfortunately, not the baht.

[rubl]

With Iran's Ahmadinejad to join the 'Thai Water' Summit and PM Yingluck doing the opening speech (in English rumour has it), can we use the opportunity to sell some rice as well? That's assuming Thaksin's meddling and inducing Iraq to buy a little bit doesn't interfere in good relations with Iran

[metisdead]

Off topic nonsense posts have been removed as well as the replies.