Rice farmers rejoicing but consumers frowning in Thailand amid global price spikes and shortages

Earlier this month, Thai local media reported that a clean while had greatly impacted thousands of acres of rice grounds in the northern county of Phichit. In addition, & nbsp,

Unpredictable weather patterns have seriously threatened the corn crops of grower Weerada Wongsuwan in another state, Nakhon Pathom.

The 44-year-old told CNA that usually I’ll get to land three times a month, but this year I can only do it double due to the storms.

She claimed that El Nino has already issued warnings to farmers about potential droughts out of concern that she might not be able to land if there isn’t enough liquid available. & nbsp,

” I’ll have to do something else if I didn’t develop corn.” I’m growing greens on the side because of this. She continued,” I just have to try.

Important wheat importers in Southeast Asia have implemented measures to stop accumulating and regulate market prices in the wake of the global rice lack.

For example, the government in the Philippines has set price caps on grain across the country and regularly inspects its warehouses.

On September 7, a purchase limit was put in place in Malaysia to regulate retail purchases. Now, consumers are permitted to purchase 10 bags of 10 kg of grain annually. & nbsp,

A lot will depend on El Nino’s effects and whether another significant wheat exporters, such as Vietnam and Thailand, maintain trade amounts and abstain from enacting their own restrictions, according to Mr. Glauber.

A DIFFICULT Potential FOR THAI RICE

The future of Thai corn may not be as promising as several think, according to a recent review by the University of the Thai Chamber of Commerce.

The study found that over the previous ten years, its yield per rai( 0.16ha ) decreased. Thai fields averaged 463 kg of wheat per ray in 2012, but by 2022, that number had decreased to 445 kg. & nbsp,

Thailand’s performance was significantly lower than that of major rivals like India and Vietnam, which last year produced 1, 107 kg and 978 kg of grain per rai, both. & nbsp,

The same study also found that Thai grain farmers had the fewest savings per ray left over from the previous month out of all those in Southeast Asia.