Rice farmers to get help with harvest costs

Farmers ‘ calls for the government to end the compost subsidies were condemned as unfavorable.

Rice farmers work in a field in Suphan Buri province. (Photo: Pongpat Wongyala)
In Suphan Buri territory, grain farmers work in fields. ( Photo: Pongpat Wongyala )

According to Agriculture Minister Narumon Pinyosinwat, the state is considering reviving a notoriously expensive co-payment scheme for rice producers and introducing a new program to reduce the cost of the crop.

Next month, a subcommittee’s report will be presented to the cupboard for approval, according to Ms. Narumon, according to a statement released on Wednesday.

Farmers previously called for additional subsidies for the planting season 2024-2020 and had raised concerns about the restrictions of the compost plan. More than 70 % of landowners have already started planting their crops, and they said they would like assistance with the cost of planting.

Under the compost plan, the government was to subsidise compost costs for farmers at a rate of 500 ringgit per ray, up to a maximum of 20 ray per man, for the 2024-25 time. But, farmers were required to pay half the costs honest, which they said was not realistic.

The project, estimated to cost 29.9 billion ringgit, was scheduled to work from July 15, 2024 to May 31, 2025. According to Ms. Narumon, the government will be asked to withdraw its approval of the plan.

According to the secretary, the ministry is currently preparing to make a proposal to the cupboard for a plan to stabilize paddy rice prices in the years 2024 and 2025.

With a resources of 60 billion baht, she claimed, the corn plan committee on November 8 approved a plan to stabilize the price of 8.5 million tonnes of rice grain.

The plan includes loans to farmers who agree to put off the purchase of rice rice, loans to organizations that support rice farmers, and support for the scheme’s participating secret rice warehouse operators.

Natthakit Khongthip, director-general of the agency’s Rice Department, said the harvest value support plan would be widely welcomed by farmers, although some are demanding financial help of 1, 000 baht per rai.

He claimed that the grain policy commission may consider increasing the amount of monetary assistance given that it has not already reviewed the proposed plan.