AreaThailand

Commodity GroupRice

CommodityAll

Date01/02/2012

Policy CategoryProduction

Policy InstrumentGovernment procurement, support prices

DescriptionExtended Paddy Pledging Program to cover 2011/–2012 off-season crops, from 1 March until 15 September 2012. Farmers to continue receiving between US$441–-639 (baht 13 800-–20 000) per tonne of paddy they choose to pledge, but volumes will be restricted to a maximum value of US$16 000 (baht 500 000) or 33 tonnes, per household.