The Price of Rice

In spades and it will get worse..:rolleyes: Its so bad for another local forum they have turned to porn.:D:D:D:D:D:D:D:D:D:D:D
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There will be subsidies of some kind - there always are.

CO-CO You are proved right ! After being told FU Farmers. They got a little upset and threatened to burn parliament down "Metaphorically" I hope.

Government now has a plan to subsidise farmers to the tune of 13 Baht for those that will store their grain until April with an added storage fee thrown in.
Those that want to sell will get 9.5 Baht.
Gen Prayut insisted a subsidy programme is not a sustainable solution and stressed that all stake holders in the rice production industry will need to make changes and adhere to the rules to help each other. He insisted that the subsidy measure is not against the law and is different from the rice-pledging scheme implemented by the Yingluck administration. :rolleyes:

http://www.bangkokpost.com/news/politics/1124721/cabinet-boosts-rice-subsidy-to-b13-000.

They really had to do something. Destroying the country on principle is not a good idea.
 
CO-CO You are proved right ! After being told FU Farmers. They got a little upset and threatened to burn parliament down "Metaphorically" I hope.

Government now has a plan to subsidise farmers to the tune of 13 Baht for those that will store their grain until April with an added storage fee thrown in.
Those that want to sell will get 9.5 Baht.
Gen Prayut insisted a subsidy programme is not a sustainable solution and stressed that all stake holders in the rice production industry will need to make changes and adhere to the rules to help each other. He insisted that the subsidy measure is not against the law and is different from the rice-pledging scheme implemented by the Yingluck administration. :rolleyes:

http://www.bangkokpost.com/news/politics/1124721/cabinet-boosts-rice-subsidy-to-b13-000.

They really had to do something. Destroying the country on principle is not a good idea.


I agree with all that, but I also believe in market forces and if a profit cannot be made from something an alternative must be found.

In Thailand's case that can include subsidies because if everyone gets out of rice and into rubber, the rubber prices will fall again. As with everything it starts with education; the King tried to encourage diversity ad Prayuth is doing the same - albeit with a blunter instrument.

Thailand does not have 'Welfare' (equally, few rural Thais contribute directly to Treasury coffers) so subsidies are a logical way forward.
 
  • Subsidies are a bit late for those that have already sold their rice to the millers. Last week the queues outside the mills in Prakhonchai area were longer than I have ever seen in past years
A case of stable doors and bolting horses.
 
CO-CO You are proved right ! After being told FU Farmers. They got a little upset and threatened to burn parliament down "Metaphorically" I hope.

Government now has a plan to subsidise farmers to the tune of 13 Baht for those that will store their grain until April with an added storage fee thrown in.
Those that want to sell will get 9.5 Baht.
Gen Prayut insisted a subsidy programme is not a sustainable solution and stressed that all stake holders in the rice production industry will need to make changes and adhere to the rules to help each other. He insisted that the subsidy measure is not against the law and is different from the rice-pledging scheme implemented by the Yingluck administration. :rolleyes:

http://www.bangkokpost.com/news/politics/1124721/cabinet-boosts-rice-subsidy-to-b13-000.

They really had to do something. Destroying the country on principle is not a good idea.

Socialism coming to the rescue...hmmm.
 
My workers grow rice and I was told 2 days ago they only got 6 B a kilo , a big drop from last year .

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I wrote last week of a queue of trucks almost 1 km long outside a rice mill in Plapplachai. Those poor buggers, and no doubt many others on surrounding days probably only received
6 baht/kg. Then in stepped our PM with an inclusive offer of arouund 13 baht/kg if they waited and stored their rice.

Not a truck to be seen yesterday when I passed by the rice mill. The early bird doesn't always catch the worm.
 
Drove over to Korat yesterday 200km each way. Saw a few fields that had been cut BUT saw ZERO harvesting at the moment going on.
 
Peter of HK Garden has 3 working flat out because most of the other people's are broken down.

Slightly changing the subject. Because of this rice situation, is it time for Isaan Superhero Mister T too 'save the world' ??? 555


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I guess a lot of the farmers can't afford to store their rice they have run out of money and need the proceeds from the current crop now.

This is the case in the greater amount of farmers Colin. If you cannot store you can get 9 Baht subsidy price. Listening to the big boss on TV last night I suggest he is not paranoid and the millers are in collusion with political entity's to drive the price further down then it is. Strange how all 17 of The Thai rice millers association resigned yesterday after this suggestion. Not that the millers actually like any one political leaning, the greedy bastards saw huge profits in doing so at the expense of the whole nation. Wreaks of being a traitor to the nation and their heads should be placed on pikes, but that is just my opinion.
Does anybody think I am coming over a wee bit too strong? This is what happens when you live in a rice field and know intimately of the farmers plight.

I read a rant from a farmer in the Thai press the other day he said the same thing gave his name and address and said "Come and get me. But please make sure you put me out of misery quick as I can't take the torture any longer".

Oh Dear!
 
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