AreaThailand

Commodity GroupRice

CommodityAll

Date22/11/2016

Policy CategoryProduction

Policy InstrumentProduction support

DescriptionDecided 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.

NotesExchange rates as of 1 December 2016.