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Feed raw material imports bring prices of crops down

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Feed raw material imports bring prices of crops down

BANGKOK, 8 June 2016 (NNT) - Agricultural organizations will ask the Prime Minister to consider lowering the imports of wheat and corn gluten feed, which have caused their prices to decline.


Both the National Farmers Council and the Crops Grower and Merchandise Association want Prime Minister Gen Prayut Chan-o-cha to boost domestic crop prices by keeping the imports of the two raw materials at reasonable levels.

Wheat and corn gluten feed are used in the production of animal feed. Thailand imported as much as 3.4 million tons of wheat and corn gluten feed last year and more than one million tons during the first four months of this year. President of the National Farmers Council Prapat Panyachartrak has said that these imports have negatively affected the prices of rice, corn and cassava.

The two organizations want domestic animal feed producers to consider prioritizing the use of government rice over imports. They also want to be part of the government's team, which decides where to source these raw materials.

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Please restrict these products and make the price higher as we are not able to compete with the international market.

Someone better explain what the end result of those type of restrictions will have on any international markets they plan to sell products into. It might not matter that the imported animal feed is cheaper if they cannot sell their products to other countries following a World Trade Organisation ruling.

Wheat prices have come down , oil has come down.... why is bread still so expensive for the low quality we get ....mr Farmhouse ? Or bigc for that matter.

The two organizations want domestic animal feed producers to consider prioritizing the use of government rice over imports. They also want to be part of the government's team, which decides where to source these raw materials.

Sounds like two more greasy palms ready to dig into the food pile. I'm convinced not much is done by any organization (this or any country) that doesn't have self interest in mind. Even if these organizations get their way on this issue, does anyone think the increased prices would trickle down to the peasants?

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