AreaThailand

Commodity GroupRice

CommodityAll

Date12/12/2017

Policy CategoryProduction

Policy InstrumentProduction adjustment program

DescriptionApproved a budget of THB 1.7 billion (USD 54 million) to extend a THB 2 000 per rai outlay (USD 399 per ha), for up to 15 rai (2.4 ha), to rice farmers agreeing to cultivate other crops during the 2017/18 offseason cycle.

NotesExchange rate as of 15 April 2018.