Min Niwatthamrong denies rumor on Thai rice with chemical residue

[TallGuyJohninBKK]

Very simplistic sure but taken together with the statement from the Ivory Coast Govt that said that 20% of the rice delivered to them through a G 2 G deal was rotten it does not make a pretty picture.

YUM!!!! What's for dinner tonight???

And Ivory Coast isn't exactly the gourmet food capital of the world....

Rather than sell the rice on the open market—and risk embarrassment as private dealers see the haircut the government is taking—Thailand is trying government-to-government deals that allow buyer and seller to keep prices secret. On April 15 the Ivory Coast’s Commerce Ministry said it had bought “various qualities” of Thai rice at “competitive and stable” prices.

Four months after the 38,500 tons arrived, however, the Ivorian government has had to trash 7,600 tons because of quality problems, according to an official at the Commerce Ministry. Eighty percent of the rice still sits in warehouses. The Ivorian government aims to sell it to wholesalers, says the Commerce official, who refuses to be named because he’s not allowed to talk to the press.

http://www.businessweek.com/articles/2013-04-18/thailands-farmer-friendly-rice-subsidy-backfires