AreaThailand

Commodity GroupRice

CommodityAll

Date14/11/2023

Policy CategoryProduction

Policy InstrumentProduction support

DescriptionApproved a budget of THB 56 billion (USD 1.6 billion) to provide 4.7 million rice farming households with a direct outlay of THB 1 000 per rai (USD 175 per ha) for up to 20 rai (3.2 ha). The outlay would go to help farmers cover production costs and quality improvements during the 2023/24 season.

NotesExchange rate as of 15 March 2024.