Rice committee to meet next week to discuss rice price slump

[rooster59]

Rice committee to meet next week to discuss rice price slump

 

BANGKOK:-- The Rice Policy and Management Committee will meet next week to work out measures to help rice farmers as rice prices are steadily sliding.

 

A farmer in Bang Len district of Nakhon Pathom, Mr Sompong Paengphan, said he planted only one crop this year because there was no water in the past seven months. Although rice price is not attractive, he had to sell his harvested crops anyway because he did not have storage facility and he was in need of hard cash.

 

Phisit Sa-nguankulchai, a rice miller in Bang Len district, said rice price fluctuated in accordance with market demand and exporters were the ones who could dictate rice prices.

 

Rice with 15 percent humidity could fetch between 7,700-7,800 baht per tonne.

 

Full story: http://englishnews.thaipbs.or.th/rice-committee-to-meet-next-week-to-discuss-rice-price-slump/

 

 

 

-- © Copyright Thai PBS 2016-10-29

 

[Srikcir]

4 hours ago, rooster59 said:

exporters were the ones who could dictate rice prices.

Meawhile the Rice Committee is trying to force prices up by temporarily stopping state rice auctions to avoid oversupplying the market ahead of the annual crop harvest in November. 

http://af.reuters.com/article/idAFL3N1BQ28H

Looks like another government subsidy or rice pledge program may be in the offering.

See following article where Democrats suggest the government to pay the rice farmers the difference between the selling rice price and the cost price (aka operating profit) to solve their liquidity problem. 

[BuaBS]

Maybe start to give the Yingluck 36 Billion to the most needy ?

 

[klauskunkel]

Well, who would've thunk it, they still have a rice committee..., who is the chair person?

[RichardColeman]

3 minutes ago, klauskunkel said:

Well, who would've thunk it, they still have a rice committee..., who is the chair person?

Chairman will be named after the 20 year plan to elect a chairman has been voted on

[Eric Loh]

9 minutes ago, klauskunkel said:

Well, who would've thunk it, they still have a rice committee..., who is the chair person?

 

Hot potato seat and too much responsibilities. No military generals will take up that position. They prefer easy and cosy  positions like the NLA. 

[klauskunkel]

55 minutes ago, Eric Loh said:

 

Hot potato seat and too much responsibilities. No military generals will take up that position. They prefer easy and cosy  positions like the NLA. 

the rice committee is a hot potato, cracks me up

[ChrisY1]

The farmers were "asked" not to grow 2nd crops some time ago....as usual, no-one knows better than them!

[Grubster]

Any subsidies will be to late for the poor farmers who have no way of storing, and need the money now at harvest, they are selling here for 5 baht per kilo and crying there eyes out. The bank wants their money now but will be happy to take the land instead.

[Grubster]

What is the rice management and policy commission normally doing, that they have to call a special meeting next week?

[monkey4u]

Maybe, just maybe some of these rice farmers should diversify and start growing crops that can support them, without hand outs all the time

[bentarm44]

About 2 years ago the rice farmers around Korat (my wifes dad included) were told to stop cropping rice more than once a year; and to find another job/source of cash to top up their annual income.

 

He has no more young female family members.

 

Bloody insulting, and completely impossible for a 70 year old Issan male.

Now he is offered 5 BT a kilo by the buyers, presumably as a final warning and punishment.

Now he, and others, are trying to sell from the side of the road; by the kilo; alongside the egg. durian and fried food vendors.

 

More suicides soon would not come as a surprise to anyone round here.

[Eric Loh]

The Rice Policy and Management Committee key strategy was to ensure that Thailand remains to be the leader in the world rice trade. I think that strategy ought to be revised as it created an enormous pressure on every government to deploy lots of resources to maintain that position. It even become a political issue when we lose our pole export position to others and every parties have rice subsidy as the center piece of their election policy. The Rice Committee should re-strategize their rice policy so they have the flexibility to make meaningful changes. Perhaps food security, ensuring income to farmers, affordable consumer pricing should be more important than being number one rice exporter. 

[tbthailand]

11 hours ago, rooster59 said:

The Rice Policy and Management Committee will meet next week to work out measures to help rice farmers as rice prices are steadily sliding.

 

Why does it feel like the government was caught off guard by this "annual occurrence"?? 

[tbthailand]

3 hours ago, monkey4u said:

Maybe, just maybe some of these rice farmers should diversify and start growing crops that can support them, without hand outs all the time

and those crops would be?

 

[monkey4u]

2 hours ago, tbthailand said:

and those crops would be?

 

Do you think the land is only suitable to grow rice

A person can grow almost anything he sets his mind to

Sad to say but here it is give me, give me, give me as my rice / buffalo died

[tbthailand]

4 hours ago, monkey4u said:

Do you think the land is only suitable to grow rice

A person can grow almost anything he sets his mind to

Sad to say but here it is give me, give me, give me as my rice / buffalo died

but your original claim was "growing crops that can support them, without hand outs all the time"

 

You did not address that. Not at all, ... in fact, every country I can think of has agricultural subsidies, or what some people call "hand outs". 

 

What I think is that farming is a hard business and risky, too. I also think that your last "buffalo died" comment is pretty condescending toward the people whom I see working very hard for very little return, ... although you might not have meant it to be. 

[jerojero]

So.......what kind of populist program are they gonna do now, to subsidize farmers? Guarantee artificial high prices? Increase storage stocks to short the export market hoping prices increase? Hmmm..... Shades of the past.

[BSJ]

7700-7800 baht/ton...the wife harvested last week and only got 6200baht/ton!

[Srikcir]

7 hours ago, jerojero said:

Shades of the past.

But Prayut's regime operates differently from previous government populist programs .... it has automatic indemnification and amnesty from any resulting crimes and malfeasance past, present and future.

[worgeordie]

The price of Rice is not slumping in the shops,Makro,or Supermarkets.

 

regards worgeordie

[monkey4u]

Answer this please

If I run a business and I keep loosing money year after year, is it fare for the tax payers to keep supporting me?

Or should I rethink my business strategy

I understand most rice farmers work hard but a time comes when even they must realise things are no longer what they were.

Times change and so must the farmers

I cant tell you what they should grow.

Everything I plant dies

My own experience in business was heavy transport

When the profits in long distant trucking started to dwindle, I went out and had tipper bodies fitted to my trucks and went into excavation

There is always a way to change your future if you are prepared to try

[tbthailand]

1 hour ago, monkey4u said:

Answer this please

If I run a business and I keep loosing money year after year, is it fare for the tax payers to keep supporting me?

Or should I rethink my business strategy

I understand most rice farmers work hard but a time comes when even they must realise things are no longer what they were.

Times change and so must the farmers

I cant tell you what they should grow.

Everything I plant dies

My own experience in business was heavy transport

When the profits in long distant trucking started to dwindle, I went out and had tipper bodies fitted to my trucks and went into excavation

There is always a way to change your future if you are prepared to try

your points are fine at the individual level.

 

On the other hand, there will always be rice, wheat, corn, papaya, rubber farmers and there will always be volatile prices. Therefore it makes sense that there are also some kind of price supports at the macro level.

 

It would be nice if the "government" were not pulling spontaneous "plans" out of their backsides but instead set up price supports based on real production costs and parallel programs to increase efficiency & lower costs.  

[Baerboxer]

On 10/29/2016 at 10:36 AM, Eric Loh said:

 

Hot potato seat and too much responsibilities. No military generals will take up that position. They prefer easy and cosy  positions like the NLA. 

 

Indeed - a very hot seat. So hot that the previous self appointed chair was never able to even sit in it. 

[Baerboxer]

5 hours ago, worgeordie said:

The price of Rice is not slumping in the shops,Makro,or Supermarkets.

 

regards worgeordie

 

Never will - and that's a problem with farming subsidies the world over. The consumer still pays a high price; the farmer get's a low price and a subsidy to help; whereas the retailer and those who process are laughing all the way to the bank. 

[Baerboxer]

6 hours ago, Srikcir said:

But Prayut's regime operates differently from previous government populist programs .... it has automatic indemnification and amnesty from any resulting crimes and malfeasance past, present and future.

 

You are making the assumption that all governments might operate in the same way as the Shin regimes. 

 

Any proof specifically relating to populist programs? Any being touted as self financing, off budget, out of scrutiny with no accounts available?

[Srikcir]

1 minute ago, Baerboxer said:

 

You are making the assumption that all governments might operate in the same way as the Shin regimes. 

 

Any proof specifically relating to populist programs? Any being touted as self financing, off budget, out of scrutiny with no accounts available?

Any chance you can stay on topic?

 

I make no assumptions about Prayut's regime - Prayut's regime operates differently from previous government populist programs .... it has automatic indemnification and amnesty from any resulting crimes and malfeasance past, present and future.

 

As far as how Prayut funds his populist programs, he uses budgeted and unbudgeted debt, and cash straight out of the treasury. With the Pyaut-appointed NLA and Article 44 there is no check and balance to assure his spending is neither transparent nor accountable.

[Baerboxer]

15 minutes ago, Srikcir said:

Any chance you can stay on topic?

 

I make no assumptions about Prayut's regime - Prayut's regime operates differently from previous government populist programs .... it has automatic indemnification and amnesty from any resulting crimes and malfeasance past, present and future.

 

As far as how Prayut funds his populist programs, he uses budgeted and unbudgeted debt, and cash straight out of the treasury. With the Pyaut-appointed NLA and Article 44 there is no check and balance to assure his spending is neither transparent nor accountable.

 

Stay on topic - like discussing the rice prices and subsidy options you mean rather than try to turn it into a rant about the current government whilst excluding mentions of previous schemes noted for their unusual "creative" financing?

 

That would be a similar amnesty to the one the Shins tried to grant themselves and their cronies but failed would it?

 

But there has been transparency on spending, and criticism and some investigations, although the outcome may not be palatable to many, under this government. Whereas before check and balance organizations had their budgets slashed, were threatened and the rice scheme details were declared state secrets - wonder why?

 

If you chose to widen a topic don't expect to be the one who decides on the boundaries.

[SoilSpoil]

Mother in law got 19 baht a kilo. She grows organic riceberry rice, which is more work but with higher returns.

[mettech]

The wife did some harvest last week and all they could get was 6 bth per kiolgram  so for the rest of the crop we will store it and wait for any changes towards a more attractive pay out.