Trade and markets
 

Detail

Area
Thailand
Commodity Group
Rice
Commodity
All
Date
22/11/2016
Policy Category
Production
Policy Instrument
Production support
Description
Decided that farmers pledging glutinous paddy under the 2016 on-farm mortgaging scheme would receive THB 13 000 (USD 365) per tonne of paddy, on par with mortgaging prices for Hom Mali paddy. As with other varieties, the sum is inclusive of a combined THB 3 500 (USD 98) outlay for storage, harvesting and quality improvements.
Notes
Exchange rates as of 1 December 2016.