AreaThailand

Commodity GroupRice

CommodityAll

Date15/11/2016

Policy CategoryProduction

Policy InstrumentProduction adjustment program

DescriptionApproved 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.

NotesExchange rates as of 1 December 2016.