thai rice

  • Thailand News

    Rice to the occasion: Decade-old rice sold for a steal

    V8 Intertrading Ltd from Kamphaeng Phet Province triumphed in the high-stakes bid for 15,000 tonnes of decade-old jasmine rice. This controversial stock, a remnant of Yingluck Shinawatra’s scandal-ridden rice-pledging scheme, has been secured by V8 Intertrading for an astounding 286 million baht, averaging 19.07 baht per kilogramme. The Thai Rice Mills Association yesterday listed the price of 100% jasmine rice…

  • Food

    Explore the different types of rice in Thailand

    Thailand is establishing itself as a prominent leader in the rice industry, providing a diverse range of high-quality varieties upon which many countries depend. Understanding rice in Thai culture and cuisine is crucial before exploring the specifics. In Thailand, rice transcends the boundaries of mere sustenance to represent a cultural ethos. The expression “kin khao,” which signifies to eat, literally…

  • Thailand News

    Would you eat 10 year old rice? Activist demands court intervention

    Prominent solo activist Srisuwan Janya approached the Central Administrative Court, seeking an urgent suspension of the Commerce Ministry’s plan to auction off approximately 15,000 tonnes of rice from the scandal-tainted rice pledging scheme of the Yingluck Shinawatra government. In his court petition, Srisuwan highlighted the concerns of numerous rice experts who oppose the auction. They argue that rice stored for…

  • Thailand News

    Panel to auction 15,000 tonnes of rice from Yingluck era

    A dedicated panel has been established to manage the auction of 15,000 tonnes of rice remaining from the contentious rice-pledging scheme initiated during former Prime Minister Yingluck Shinawatra’s tenure. This announcement came from Commerce Minister Phumtham Wechayachai. The panel is set to draft the terms of reference (ToR) for the auction, with completion expected by the end of this month.…

  • Thailand News

    Thai govt plans to ‘rice’ to the occasion with decade-old grain auction

    The Thai government expressed a strong intent to auction off the last remaining stocks of decade-old rice. This move is in line to replenish the state coffers, as made clear by Deputy Prime Minister and Commerce Minister Phumtham Wechayachai, in a recent Facebook post. The aged rice in question is part of the controversial rice-pledging scheme initiated during the administration…

  • Thailand News

    Military’s risky rice plan revealed

    Thailand’s Defence Minister Sutin Klungsang unveiled a bold plan regarding the nation’s rice surplus, promising to purchase rice stored under a contentious scheme. Responding to the alleged disclosure by Deputy PM and Commerce Minister Phumtham Wechayachai, Sutin confirms that a portion of the 15,000-tonne rice stockpile could be destined for the bellies of military personnel. Sutin addressed concerns about oversupply.…

  • Thailand News

    Ricegate scandal: 10 year old rice stockpile unsafe for consumption

    The Thailand Consumers Council (TCC) demanded rigorous quality and safety checks for a colossal 15,000 tonnes of jasmine rice, stockpiled since 2014 under the controversial rice-pledging scheme. The council, joined by an academic from Chiang Mai University, fears the rice may be laced with harmful chemicals, rendering it unfit for human or animal consumption. Deputy Chief of the TCC’s policies…

  • Thailand News

    Thai rice redemption price drops ahead of farming season

    The upcoming farming season in Thailand, set to start this month, is witnessing a significant drop in the rice redemption price. This sharp decline, according to the Thai Agriculturist Association, is primarily due to market mechanisms and an oversupply of rice, particularly a Vietnamese variety. Agriculturist Association President Pramote Charoensilp noted that during the first crop season of the year,…

  • Thailand News

    Decade-old Thai rice from controversial scheme found fresh

    Deputy Prime Minister and Commerce Minister Phumtham Wechayachai conducted a rice inspection following an invitation from the Association of Thai Agricultural Product Surveyors. The association, keen to dispel allegations regarding the quality of rice held under the contentious rice-pledging scheme, orchestrated an eventful visit to warehouses owned by Poonpon Trading Ltd and Kittichai Ltd in different districts of the northeastern…

  • Business News

    Thailand to boost rice exports to Hong Kong and China

    An upward trend in rice exports from Thailand to Hong Kong and China is anticipated this year, with a particular demand for riceberry and brown rice. This expectation is driven by the global economic recovery and a discerning preference for high-quality rice grains. Thailand is also aspiring to establish a distribution centre in Shenzhen to bolster its market presence. The…

  • Business News

    Vietnam’s rice exports projected to decline amid quality shift

    A downward shift is projected for Vietnam’s rice exports in the current year, with estimates ranging between 6.5 and 7.0 million metric tonnes. This is a noticeable drop from the previous year’s record high of 8.1 million tonnes, as reported by the Vietnam Food Association. Vietnam, ranking third globally in rice exports after Thailand and India, indicated a strategic shift…

  • Business News

    Thai rice exporters stir in choppy waters as challenges loom ahead

    Rice exporters in Thailand are bracing for a challenging year ahead due to a host of risk factors, including fluctuating exchange rates, waning competitiveness of Thai rice, fierce price competition, the potential impact of the El Niño weather phenomenon, and India’s restrictive export policies, as reported by the Thai Rice Exporters Association. The association’s honorary president, Chookiat Ophaswongse, referred to…

  • Thailand News

    German president visits rice fields in Isaan and North Thailand

    German President Frank-Walter Steinmeier embarked on a journey to Thailand’s rice fields in Ubon Ratchathani and Chiang Rai. The two Thai provinces boast over 4.2 million rai of rice fields. President Steinmeier and his delegation paid a visit to the Suan Ta Rom Demonstration Farm in Trakan Phuet Phon district, Ubon Ratchathani. The 35-rai (56,000 square metres) integrated farmland showcased…

  • Business News

    Thai commerce minister targets US for premium rice exports boost

    Thai Commerce Minister Phumtham Wechayachai, during his visit to the US, affirmed his determination to boost exports of premium rice and other food products from Thailand. His ambition is to amplify exports of rice and food items from the Land of Smiles by 1.75 billion baht. The US, Thailand’s second largest trading partner and the principal importer of Thai hom…

  • Business News

    Thai ministry propels rice trade growth with G2G agreements

    The Ministry of Commerce in Thailand is set to discuss the potential sale of a massive 1 million tonnes of rice to Indonesia tomorrow, under a government-to-government (G2G) agreement. This comes with a commitment to further engage in similar discussions about rice sales with China. Commerce Minister Phumtham Wechayachai revealed that the head of the Foreign Trade Department has been…

  • Thailand News

    Rice-rumble rocks markets: Thailand anticipates 15% export dip, global repercussions loom

    In a rice-rumble that could shake global markets, Thailand’s rice exports are poised to plunge by a staggering 15% this year. Thailand, the rice heavyweight, is set to face a double whammy. Chookiat Ophaswongse, the honorary president of the Thai Rice Exporters Association, predicts a dip in demand from Indonesia, last year’s top buyer. “Indonesia, after its presidential election next…

  • Thailand News

    Thai farmers warned against smuggling uncertified Vietnamese rice strains

    Thailand‘s Agriculture and Cooperatives Minister Captain Thamanat Prompow, cautioned local farmers against cultivating or smuggling uncertified Vietnamese rice strains. The warning, issued yesterday, December 8, comes in light of potential complaints from Vietnam, which could negatively impact Thailand’s reputation and bilateral relations. Despite the higher yield per area of Vietnamese rice strains providing increased income for farmers, the minister emphasised the…

  • Thailand News

    Thai rice absence from World’s Best Rice 2023 comp sparks debate

    The online community is embroiled in a heated debate following the omission of Thai rice from the top three spots in the World’s Best Rice 2023 competition. This has sparked questions about the quality of Thai rice, a key export and a source of national pride. However, it has been revealed that Thailand did not participate in this year’s competition…

  • Thailand News

    Sticky rice bonanza: Thai community in Nakhon Phanom cashes in on Khao Mao harvest

    The annual rice harvest has proven to be a golden opportunity for the Thai community in Nakhon Phanom in northeastern Thailand. This is especially true for a group of people who are making a substantial income by producing and selling traditional sticky rice known as Khao Mao. This business generates several million baht every year. One such group is led…

  • Business News

    El Niño effect forecasted to lower Thai rice production in 2023-24

    The Agricultural Economics Office of the Agriculture and Cooperatives Ministry in Thailand forecasted a decline in rice production for the 2023-24 harvest season. The expected drop is approximately 871,000 tonnes, a decrease of 3.27%, totalling 25.8 million tonnes. This significant decrease is primarily due to the effects of the El Niño weather phenomenon. Deputy Secretary-General of the Agricultural Economics Department,…

  • Thailand News

    Rice prices spike threatens farmers in Thailand

    An increase in rice prices is causing concern for local farmers and rice millers in Uttradit, Thailand. The Agricultural Cooperative of Uttradit City Limited, known for producing and selling the “Good Udom” brand of bagged rice, is currently facing a shortage of husked rice. This crisis is due to large-scale rice millers purchasing at high rates, causing the price of…

  • Thailand News

    Thai Rice Trade Associations commit to stabilise retail prices despite market changes

    Conversations between the Director-General of the Internal Trade Department and the Thai Associations of Rice Millers and Rice Entrepreneurs Association aim to stabilise rice prices, thus easing household expenses for consumers. Wattanasak Sueaiam, the Director-General, revealed yesterday that these industry bodies have been asked not to increase retail prices, despite market factors. However, ultimate decisions will be influenced by the…

  • Economy News

    Global rice trade shook by El Nino, politics, and embargo in Thailand

    In the face of mounting global food security concerns, the impact of El Niño weather patterns and international political disruptions are causing serious upheavals in the farming landscape, particularly in major global rice-producing countries. Compounding the issue is Russia’s recent withdrawal from a vital agreement, which previously ensured the uninterrupted transport of Ukrainian grain goods through the Black Sea region.…

  • Thailand News

    Lost in translation: Foreign women turn Thai rice steamers into hilarious hats

    Thai netizens expressed their admiration and laughed at two foreign women who mistook Thai-style bamboo sticky rice steamers for hats. They bought them from a local vendor who could not communicate very well due to the language barrier. A Thai man named Surat Seehabut shared pictures of the two European women wearing hats which looked like weaving baskets. The caption…