thai rice

  • Business NewsThai rice body urges government to focus on new rice strains

    Thai rice body urges government to focus on new rice strains

    The Thai Rice Exporters Association is calling on the new government to avoid manipulating rice market prices and instead focus on the strategic production of new rice varieties. Chookiat Ophaswongse, the association’s honorary president, emphasised the importance of developing new rice strains to maintain competitiveness with other exporting nations. “This is crucial for the future of Thai rice. Following roadshows…

  • Thailand NewsRice prices spike threatens farmers in Thailand

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

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

    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.…

  • Business NewsGlobal Thai rice export forecast to surpass 8 million tonnes

    Global Thai rice export forecast to surpass 8 million tonnes

    The appeal for Thai rice continues to be significant globally, with both Indonesia and Bangladesh expressing their aspirations to buy the grain through G2G or government-to-government contracts. Ronnarong Phoolpipat, head of the Foreign Trade Department, stated that the immense global demand for Thai rice is likely to boost exports to surpass 8 million tonnes this year. The department has plans…