The Sub-Committee on Supervision and Determination of Central Criteria Reference for the Rice Farmer Income Insurance Project approves the rice income insurance. On March 29, indicating the overall price of paddy is still stable. But farmers are still satisfied.

Mr. Udom Srisomsong, deputy director-general of the Department of Internal Trade, revealed that the Sub-Committee on Supervision and Determination of Intermediate Criteria for Rice Farmers Income Insurance Project. Considered the median reference price and compensation for the price difference according to the Rice Farmer Income Insurance Program for the year 2022/23. This week is the 24th price announcement for farmers who notify the expected harvest date between March 18 and 24. 2023, it appears that jasmine rice paddy outside the area The median price is 13,591.10 baht per ton, farmers will be compensated for the difference at 408.90 baht per ton, receiving the maximum compensation of 6,542.40 baht per household. The median price was 10,889.72 baht per ton. Farmers received compensation for the difference of 110.28 baht per ton, and the maximum compensation was 2,757.00 baht per household. The median price was 9,878.44 baht per tonne. Farmers were compensated for the difference at 121.56 baht per tonne, and the highest compensation was 3,646.80 baht per household for glutinous paddy. There is a standard price in the middle of 12,218 per ton.

There is no benchmark price for jasmine rice paddy. because the harvest season is over By paying farmers who received the 24th installment on March 29, 2023, representatives of the Thai Rice Traders Association gave information that the rice trading situation in the market during this period focused on white rice. Because exporters still have continuous demand. in terms of price There are some ups and downs, except for glutinous rice, whose price has moved up according to market demand. for export situation The representative of the Department of Foreign Trade gave information that The export volume until March 22, 2023 has been able to export more than 1.8 million tons of rice due to the situation of the baht currency that has started to stabilize. As a result, the export price of Thai rice is competitive in the world market. Including competitor countries that still have a policy to keep rice for domestic consumption. As a result, Thai exports this year are expected to go well, possibly reaching about 8 million tons.

However, from the 1st to the 23rd installments, more than 2.627 million households have received the income insurance difference, amounting to 7,861.71 million baht, and a thousand baht per rai of assistance. Farmers have already received more than 4.641 million households with a credit limit of 54,004.91 million baht. For farmers who have received the right but have not yet received the money, please contact BAAC branches near home for BAAC to investigate further by Department of Internal Trade has added monitoring of paddy trading both in terms of closing the sign showing the purchase price Including checking the accuracy of the weighing machine and moisture meter. which if found that any tha khao or rice mill Do not close the sign showing the purchase price. Pressing the purchase price, cheating on weight or having any behavior which is taking advantage of the people Complaints can be made at the Department of Internal Trade hotline, calling 1569 immediately.

Source: Thai News Agency