US among countries eyeing 1.6m tonnes of G2G rice deals

[khunken]

I wouldn't put the champagne on ice just yet. The Commerce Ministry has been found out before - lying about bogus 'potential' rice deals. This time it's the Foreign Trade dept (BS?) saying the US is interested and maybe Iraq too.

There is no transparency about G2G deals so bullshit reigns until the buyers actually say they are buying.

[Thai at Heart]

" He did not say which kind of rice the US was interested in purchasing. "

Let's hope they're not too picky.

They're not so you can relax. Read on however.

The US grows rice, primarily in the wet and swampy lower Mississippi River Valley where the temps are hot and steamy most of the year. The people of every country in East and SE Asia presume we've never eaten or tried rice, that rice is only an Asian food. Asians are not known for their general knowledge.

SecState Kerry's letter must have said something about a rice deal, among several other things very pleasing to the legitimately elected democratic government of the Kingdom, things I can only try to figure as being likely. But I'll stay with only that one for a while. I want to say Gen Prayuth likely knows of at least one other item of mention in Sec Kerry's letter, but then I would only be extrapolating.

So lo and behold, now suddenly come the Phils, which same as Thailand are a security treaty ally of the United States, to become active in the rice markets of recent days. And now all of a sudden Iraq, which the past three years prohibited purchase of Thai rice, are now suddenly back in the Thai market. Beijing, which above all else wants stability in Thailand either way, has re-entered the fray by looking to buy 1 million tons, as have other governments of the region.

At this point, something approaching a sum of 3 million tons are being discussed, some of it eyeball examined in the warehouse, priced etc. I'd say IMHO some additional deals are presently being formulated that when sought in specific terms, might well take that figure up to 4 million or more tons.

CC action against Yingluck in the rice subsidy program remains 2 - 3 weeks away, as you note in your posts. (You also duly noted in a post the government got the letter from Washington that it had so very much wanted, and, I would add, for months had been trying to get.) Two to three weeks however is enough time to make the deals for real and for the money to be committed. So looking from the other side of the globe at a CC ruling based on rice when the rice subsidy program appears to the distant eye to be doing so well might cast some doubts on such a ruling.

Also for sober consideration is the reality that no one in the world is going to accept the removal of a prime minister by a court for having transferred one government employee.

Sometimes the cavalry arrive on elephants, so it just takes a bit more time to get here, and while they don't come galloping in at the charge, they do arrive.

I like your wishful thinking approach.

In the mean time this undemocratic government is still not able to produce even a clear consistent A4 sheet with preliminary figures on how 700++ billion Baht has been spent and why 130 billion more needs to be borrowed to pay off additonal farmers, millers, warehouse owners and so.

Even with all miraculously appearing possible deals the figures are varying, sales results guarded like national secrets, etc., etc.

As for the sober realisation, you should probably read some more. The 'no one in the world' may include Thaksin, Pheu Thai, UDD and a few posters here. ASEAN will stand around just watching, USA will make a statement, UK and EC will deplore and caretaker MoFA Surapong will need to do more explaining why this court decision would be wrong. All assuming of course that the Constitutional Court will rule negative for Ms. Yingluck who complained 'be fair, fellow re-instated, next please' as if crimes can be corrected that easily.

So, the elephants can rest at home, the rice can be transported with trucks if need be, if still present.

The best audited and controlled international agribusinesses would struggle to account for every kilo, if someone wanted to be dishonest.

Just the moisture and processing yield can jump around by 10% depending on thousands of factors.

They haven't even factored in properly now much of it is now inedible because its been sitting in the warehouse. The effective value of that is zero.

Imagine if and when they have to write that lot down. And that isn't even a corrupt act. It might be reckless, it might be stupid but every tonne that goes mouldy costs the state between 20 and 30k.

The final loss is massive without any corruption at all.

[rubl]

They're not so you can relax. Read on however.

The US grows rice, primarily in the wet and swampy lower Mississippi River Valley where the temps are hot and steamy most of the year. The people of every country in East and SE Asia presume we've never eaten or tried rice, that rice is only an Asian food. Asians are not known for their general knowledge.

SecState Kerry's letter must have said something about a rice deal, among several other things very pleasing to the legitimately elected democratic government of the Kingdom, things I can only try to figure as being likely. But I'll stay with only that one for a while. I want to say Gen Prayuth likely knows of at least one other item of mention in Sec Kerry's letter, but then I would only be extrapolating.

So lo and behold, now suddenly come the Phils, which same as Thailand are a security treaty ally of the United States, to become active in the rice markets of recent days. And now all of a sudden Iraq, which the past three years prohibited purchase of Thai rice, are now suddenly back in the Thai market. Beijing, which above all else wants stability in Thailand either way, has re-entered the fray by looking to buy 1 million tons, as have other governments of the region.

At this point, something approaching a sum of 3 million tons are being discussed, some of it eyeball examined in the warehouse, priced etc. I'd say IMHO some additional deals are presently being formulated that when sought in specific terms, might well take that figure up to 4 million or more tons.

CC action against Yingluck in the rice subsidy program remains 2 - 3 weeks away, as you note in your posts. (You also duly noted in a post the government got the letter from Washington that it had so very much wanted, and, I would add, for months had been trying to get.) Two to three weeks however is enough time to make the deals for real and for the money to be committed. So looking from the other side of the globe at a CC ruling based on rice when the rice subsidy program appears to the distant eye to be doing so well might cast some doubts on such a ruling.

Also for sober consideration is the reality that no one in the world is going to accept the removal of a prime minister by a court for having transferred one government employee.

Sometimes the cavalry arrive on elephants, so it just takes a bit more time to get here, and while they don't come galloping in at the charge, they do arrive.

I like your wishful thinking approach.

In the mean time this undemocratic government is still not able to produce even a clear consistent A4 sheet with preliminary figures on how 700++ billion Baht has been spent and why 130 billion more needs to be borrowed to pay off additonal farmers, millers, warehouse owners and so.

Even with all miraculously appearing possible deals the figures are varying, sales results guarded like national secrets, etc., etc.

As for the sober realisation, you should probably read some more. The 'no one in the world' may include Thaksin, Pheu Thai, UDD and a few posters here. ASEAN will stand around just watching, USA will make a statement, UK and EC will deplore and caretaker MoFA Surapong will need to do more explaining why this court decision would be wrong. All assuming of course that the Constitutional Court will rule negative for Ms. Yingluck who complained 'be fair, fellow re-instated, next please' as if crimes can be corrected that easily.

So, the elephants can rest at home, the rice can be transported with trucks if need be, if still present.

The best audited and controlled international agribusinesses would struggle to account for every kilo, if someone wanted to be dishonest.

Just the moisture and processing yield can jump around by 10% depending on thousands of factors.

They haven't even factored in properly now much of it is now inedible because its been sitting in the warehouse. The effective value of that is zero.

Imagine if and when they have to write that lot down. And that isn't even a corrupt act. It might be reckless, it might be stupid but every tonne that goes mouldy costs the state between 20 and 30k.

The final loss is massive without any corruption at all.

So, the total process of rice production to selling in Thailand is so complicated that certainly we foreigners would never understand how come that even after ages of this no one is able to come with even (consistent) rough figures?

BTW I'm not discussing corruption, only the lack of clear figures on 700++ billion Baht spent and 130 billion which the government really needed to borrow extra.

[Cricketnut]

I'm writing my local congressman and senator to protest this action and try and make sure this toxic, rat infested, moldy rice does not get into the U.S. food chain.

oh that will help. If the US buy which they indeed may.. Problems semi sold, I mean solved!

Sent from my i-mobile i-STYLE 8.2 using Thaivisa Connect Thailand mobile app

[Cricketnut]

I'm writing my local congressman and senator to protest this action and try and make sure this toxic, rat infested, moldy rice does not get into the U.S. food chain.

Good on you.........I suggest all Americans living in Thailand do the same

Yes because the US don't eat enough junk food already? Where is Michael Moore when you need him ! Lmao

Sent from my i-mobile i-STYLE 8.2 using Thaivisa Connect Thailand mobile app

[khunken]

" He did not say which kind of rice the US was interested in purchasing. "

Let's hope they're not too picky.

They're not so you can relax. Read on however.

The US grows rice, primarily in the wet and swampy lower Mississippi River Valley where the temps are hot and steamy most of the year. The people of every country in East and SE Asia presume we've never eaten or tried rice, that rice is only an Asian food. Asians are not known for their general knowledge.

SecState Kerry's letter must have said something about a rice deal, among several other things very pleasing to the legitimately elected democratic government of the Kingdom, things I can only try to figure as being likely. But I'll stay with only that one for a while. I want to say Gen Prayuth likely knows of at least one other item of mention in Sec Kerry's letter, but then I would only be extrapolating.

So lo and behold, now suddenly come the Phils, which same as Thailand are a security treaty ally of the United States, to become active in the rice markets of recent days. And now all of a sudden Iraq, which the past three years prohibited purchase of Thai rice, are now suddenly back in the Thai market. Beijing, which above all else wants stability in Thailand either way, has re-entered the fray by looking to buy 1 million tons, as have other governments of the region.

At this point, something approaching a sum of 3 million tons are being discussed, some of it eyeball examined in the warehouse, priced etc. I'd say IMHO some additional deals are presently being formulated that when sought in specific terms, might well take that figure up to 4 million or more tons.

CC action against Yingluck in the rice subsidy program remains 2 - 3 weeks away, as you note in your posts. (You also duly noted in a post the government got the letter from Washington that it had so very much wanted, and, I would add, for months had been trying to get.) Two to three weeks however is enough time to make the deals for real and for the money to be committed. So looking from the other side of the globe at a CC ruling based on rice when the rice subsidy program appears to the distant eye to be doing so well might cast some doubts on such a ruling.

Also for sober consideration is the reality that no one in the world is going to accept the removal of a prime minister by a court for having transferred one government employee.

Sometimes the cavalry arrive on elephants, so it just takes a bit more time to get here, and while they don't come galloping in at the charge, they do arrive.

I like your wishful thinking approach.

In the mean time this undemocratic government is still not able to produce even a clear consistent A4 sheet with preliminary figures on how 700++ billion Baht has been spent and why 130 billion more needs to be borrowed to pay off additonal farmers, millers, warehouse owners and so.

Even with all miraculously appearing possible deals the figures are varying, sales results guarded like national secrets, etc., etc.

As for the sober realisation, you should probably read some more. The 'no one in the world' may include Thaksin, Pheu Thai, UDD and a few posters here. ASEAN will stand around just watching, USA will make a statement, UK and EC will deplore and caretaker MoFA Surapong will need to do more explaining why this court decision would be wrong. All assuming of course that the Constitutional Court will rule negative for Ms. Yingluck who complained 'be fair, fellow re-instated, next please' as if crimes can be corrected that easily.

So, the elephants can rest at home, the rice can be transported with trucks if need be, if still present.

The best audited and controlled international agribusinesses would struggle to account for every kilo, if someone wanted to be dishonest.

Just the moisture and processing yield can jump around by 10% depending on thousands of factors.

They haven't even factored in properly now much of it is now inedible because its been sitting in the warehouse. The effective value of that is zero.

Imagine if and when they have to write that lot down. And that isn't even a corrupt act. It might be reckless, it might be stupid but every tonne that goes mouldy costs the state between 20 and 30k.

The final loss is massive without any corruption at all.

It's pure negligence and comes back to the fact that the scheme was so badly designed that the government should take responsibility for the negligence. Which is what the NACC is doing.

IMO the final loss is massive not including corruption.

[Mudcrab]

Advance units of the cavalry have arrived and they rode straight to the Constitution Court with the news about new rice sales. The oncoming main relief force is only several days away. Uncle Sam has dumped out a sack of rice on the floor of the Ammart.

The fascists here are gonna go bonkers.

The farmers have already gone bonkers. Many have committed suicide. Stop your childish politicking.

[Mudcrab]

Advance units of the cavalry have arrived and they rode straight to the Constitution Court with the news about new rice sales. The oncoming main relief force is only several days away. Uncle Sam has dumped out a sack of rice on the floor of the Ammart.

The fascists here are gonna go bonkers.

Can you clearly define what Ammart means, in fact do you even know as it appears there are no specific definitions as descriptions of Ammart can apply to either side in this political conflict. Bogeyman perhaps.

The OP is really non news as it is only designed to give some faint glimmer of hope to those struggling farmers who have not been paid yet. G2G rice deals should be published once they are made & the cheque has been cleared along with full disclosure about volumes sold & price received. Part of this whole rice scheme has been the complete lack of transparency related to volumes, sales, storage (including cost of storage) & most of all exactly who did receive all the money.

Ammart is wanky term used by people who want to project their unfounded political intellectual superiority onto others.

They are the people who also use the term Tories when referring to the Conservative/Republican/Liberal (country dependent) genres of political parties.

They also very rarely use the term Whigs when referring to their beloved Labour/Socialist (Communist/Democrat) party and the like of their brethren they most closely align to.

They are creatures of the past who simply cannot let go of their ingrained ideology and are at a loss as to why the rest of the world cannot understand them.

They frequently call Abhisit "Mark".

Hope this helps.

I'm sure Attenborough could do a documentary on them.

Edited April 10, 2014 by Mudcrab

[Publicus]

Advance units of the cavalry have arrived and they rode straight to the Constitution Court with the news about new rice sales. The oncoming main relief force is only several days away. Uncle Sam has dumped out a sack of rice on the floor of the Ammart.

The fascists here are gonna go bonkers.

Can you clearly define what Ammart means, in fact do you even know as it appears there are no specific definitions as descriptions of Ammart can apply to either side in this political conflict. Bogeyman perhaps.

The OP is really non news as it is only designed to give some faint glimmer of hope to those struggling farmers who have not been paid yet. G2G rice deals should be published once they are made & the cheque has been cleared along with full disclosure about volumes sold & price received. Part of this whole rice scheme has been the complete lack of transparency related to volumes, sales, storage (including cost of storage) & most of all exactly who did receive all the money.

Ammart is wanky term used by people who want to project their unfounded political intellectual superiority onto others.

They are the people who also use the term Tories when referring to the Conservative/Republican/Liberal (country dependent) genres of political parties.

They also very rarely use the term Whigs when referring to their beloved Labour/Socialist (Communist/Democrat) party and the like of their brethren they most closely align to.

They are creatures of the past who simply cannot let go of their ingrained ideology and are at a loss as to why the rest of the world cannot understand them.

They frequently call Abhisit "Mark".

Hope this helps.

I'm sure Attenborough could do a documentary on them.

There's always one....and you're it.

The nowhereman, the guy the regiment sends to the pharmacy.

So being 'it' doesn't mean you're alone however.

Regardless, the thread is about rice and mentions the US specifically and in particular. Any time you might feel up to get around to it.....

[Morch]

" He did not say which kind of rice the US was interested in purchasing. "

Let's hope they're not too picky.

They're not so you can relax. Read on however.

The US grows rice, primarily in the wet and swampy lower Mississippi River Valley where the temps are hot and steamy most of the year. The people of every country in East and SE Asia presume we've never eaten or tried rice, that rice is only an Asian food. Asians are not known for their general knowledge.

SecState Kerry's letter must have said something about a rice deal, among several other things very pleasing to the legitimately elected democratic government of the Kingdom, things I can only try to figure as being likely. But I'll stay with only that one for a while. I want to say Gen Prayuth likely knows of at least one other item of mention in Sec Kerry's letter, but then I would only be extrapolating.

So lo and behold, now suddenly come the Phils, which same as Thailand are a security treaty ally of the United States, to become active in the rice markets of recent days. And now all of a sudden Iraq, which the past three years prohibited purchase of Thai rice, are now suddenly back in the Thai market. Beijing, which above all else wants stability in Thailand either way, has re-entered the fray by looking to buy 1 million tons, as have other governments of the region.

At this point, something approaching a sum of 3 million tons are being discussed, some of it eyeball examined in the warehouse, priced etc. I'd say IMHO some additional deals are presently being formulated that when sought in specific terms, might well take that figure up to 4 million or more tons.

CC action against Yingluck in the rice subsidy program remains 2 - 3 weeks away, as you note in your posts. (You also duly noted in a post the government got the letter from Washington that it had so very much wanted, and, I would add, for months had been trying to get.) Two to three weeks however is enough time to make the deals for real and for the money to be committed. So looking from the other side of the globe at a CC ruling based on rice when the rice subsidy program appears to the distant eye to be doing so well might cast some doubts on such a ruling.

Also for sober consideration is the reality that no one in the world is going to accept the removal of a prime minister by a court for having transferred one government employee.

Sometimes the cavalry arrive on elephants, so it just takes a bit more time to get here, and while they don't come galloping in at the charge, they do arrive.

There are no actual deals, though, and no contract won so far.

This is the case for some time now - rumors of upcoming sales, deals, negotiations - not much to show for it.

Maybe wiser to wait until the cavalry is actually in the horizon?

[Morch]

What I don't get is how they can conduct sales negotiations, not to mention deals, without having proper figures of stocked rice, condition of rice, location of rice, and, of course, a budget.

[BritManToo]

The government buys rice with a promissory note.

The government fails to pay.

Happens in business all the time, a risk you take when you give a buyer credit.

Note to farmers, learn from your loss, don't sell to anyone without them paying cash again.

I've also lost money from trusting people, nobody offered to bail me out.

Why should farmers be in any different position.

Their greed (we will pay you more than the going rate) cost them money, learn and move on.

[zydeco]

Surasak Riangkrul, director-general of the ministry's Foreign Trade Department, said it was negotiating with the US on a G2G rice contract.

Since when did the US Govt get into the rice buying business? Just another BS statement made by the PTP govt?

They don't. And American growers would scream if they did. And American growers vote and donate money.

[mrtoad]

I'm writing my local congressman and senator to protest this action and try and make sure this toxic, rat infested, moldy rice does not get into the U.S. food chain.

Any links for this. Maybe just another propaganda spin, that some on here believe

As you are new (or perhaps an old one reincarnated) you should understand that there has already been news items & photos showing mouldy rice not to mention the bad lot which was sold to Ivory Coast so you should take your own propaganda spin elsewhere.

City is Just a typical Bitter.

[Publicus]

" He did not say which kind of rice the US was interested in purchasing. "

Let's hope they're not too picky.

They're not so you can relax. Read on however.

The US grows rice, primarily in the wet and swampy lower Mississippi River Valley where the temps are hot and steamy most of the year. The people of every country in East and SE Asia presume we've never eaten or tried rice, that rice is only an Asian food. Asians are not known for their general knowledge.

SecState Kerry's letter must have said something about a rice deal, among several other things very pleasing to the legitimately elected democratic government of the Kingdom, things I can only try to figure as being likely. But I'll stay with only that one for a while. I want to say Gen Prayuth likely knows of at least one other item of mention in Sec Kerry's letter, but then I would only be extrapolating.

So lo and behold, now suddenly come the Phils, which same as Thailand are a security treaty ally of the United States, to become active in the rice markets of recent days. And now all of a sudden Iraq, which the past three years prohibited purchase of Thai rice, are now suddenly back in the Thai market. Beijing, which above all else wants stability in Thailand either way, has re-entered the fray by looking to buy 1 million tons, as have other governments of the region.

At this point, something approaching a sum of 3 million tons are being discussed, some of it eyeball examined in the warehouse, priced etc. I'd say IMHO some additional deals are presently being formulated that when sought in specific terms, might well take that figure up to 4 million or more tons.

CC action against Yingluck in the rice subsidy program remains 2 - 3 weeks away, as you note in your posts. (You also duly noted in a post the government got the letter from Washington that it had so very much wanted, and, I would add, for months had been trying to get.) Two to three weeks however is enough time to make the deals for real and for the money to be committed. So looking from the other side of the globe at a CC ruling based on rice when the rice subsidy program appears to the distant eye to be doing so well might cast some doubts on such a ruling.

Also for sober consideration is the reality that no one in the world is going to accept the removal of a prime minister by a court for having transferred one government employee.

Sometimes the cavalry arrive on elephants, so it just takes a bit more time to get here, and while they don't come galloping in at the charge, they do arrive.

There are no actual deals, though, and no contract won so far.

This is the case for some time now - rumors of upcoming sales, deals, negotiations - not much to show for it.

Maybe wiser to wait until the cavalry is actually in the horizon?

I'd posted to the thread that the "advance" units of the cavalry had galloped into town (and had gone directly to the NACC and the CC) to present the good news of the rice purchase statement, and that the main force was travelling on elephants and thus still several days away, to which I might now add, perhaps a couple of weeks away..

I think another clichéd way to say it is not to count your chickens before they hatch (or you might end up with a lot of pigeon shit rice only soup). Who can say he hasn't been burned for trusting the credit worthiness of another? Who can say that what one minute looked like a deal didn't evaporate a minute later? A bird in the hand is better than two in the bush, or something like that, youknow.

I saw a report today that the US Dept of Agriculture had already announced the US didn't need any more rice imports during 2014 than had already been booked. This was of course before Washington announced a few daze (sic) ago that it intended to buy up to a million tons of Thai (pigeon-rat flavored) rice.

Methinks almost everyone is so wrapped up in their little world of rice grains and rats / pigeons they're missing the bigger picture that the cavalry are a part of the US Government. And that the CC and the NACC are not.

[philw]

'... He [surasak] did not say which kind of rice the US was interested in purchasing ...'. Presumably the kind that isn't mouldy, covered in pigeon shit, tainted by rodent droppings, or simply rotten. In short, any rice that has survived long term storage in less than ideal conditions.

Not sure, what you describe sounds ideal for the American market and is probably an improvement on the main diet of corn based processed foods..........

[LomSak27]

dcutman posted

Since when did the US Govt get into the rice buying business?

They don't but say it ... and the grey matter challenged will believe it Look how many people are buying into it here. Zydeco is even calling his congressman ... (maybe FEMA is buying it - those secret stockpiles outside of Umatilla Oregon - Glenn Beck alert!)

US companies buy rice, they buy a good deal of top of the line long grain jasmine rice .... not the US goverment ......... and in the last 10 years Thai rice growers selling lower grades as long grain jasmine have pissed US buyers off big time. Corruption does have a cost, which is why Vietnamese rice sales to the US have had large increases.

Move along folks nothing here ...

.

[NeverSure]

The US is a net exporter of rice. It is grown in large quantities in the swampy areas of the South, and along the Sacramento River Delta from well North of Sacramento, past Sacramento and along Interstate 80 toward San Francisco.

American food corporations, not the US government, buy the Jasmine rice for the US market. So any talk of the US government buying rice is more than suspect.

Additionally, I seriously doubt that the US corporations want to chance buying spoiled Thai rice. It hasn't been more than about a year ago that they returned some of it as not meeting FDA approval and refused to pay for it.

The future promise crap that comes out of the Thai government is pure BS. Show me the money, honey.