Trade and markets
 

Detail

Area
Thailand
Commodity Group
Rice
Commodity
All
Date
15/11/2016
Policy Category
Production
Policy Instrument
Production adjustment program
Description
Approved a budget of THB 8 billion (USD 225 million) to extend credit and input assistance to rice farmers agreeing to cultivate other crops during the 2016 secondary crop cycle. The scheme aims to convert 2.2 million rai (350 000 hectares) of offseason paddies to alternate crops, mostly maize.
Notes
Exchange rates as of 1 December 2016.