Markets and trade
 

Detail

Area
Thailand
Commodity Group
Rice
Commodity
All
Date
17/07/2020
Policy Category
Production
Policy Instrument
Production support, support prices
Description
Decided that the 2020/21 round of the Rice Price Guarantee Programme would be implemented between 1 September 2020 and 31 May 2021, keeping guaranteed prices for the 2020/21 crop unchanged from the previous season. As such, these would remain set at THB 15 000 (USD 481) per tonne of Hom Mali paddy for a maximum of 14 tonnes or 40 rai cultivated (6.4 ha) per farming household; at THB 14 000 (USD 449) per tonne of provincial fragrant paddy for up to 16 tonnes or 40 rai; at THB 11 000 (USD 352) per tonne of Pathum Thani fragrant for up to 25 tonnes or 40 rai; at THB 12 000 (USD 384) per tonne of glutinous paddy for a maximum of 16 tonnes or 40 rai; and at THB 10 000 (USD 320) per tonne of white paddy for up to 30 tonnes or 40 rai cultivated per farming household. On the other hand, direct outlays destined to help producers cover production costs would be doubled to THB 1 000 per rai (USD 200 per ha) for up to 20 rai (3.2 ha) cultivated.
Notes
Exchange rate as of 15 October 2020.