Thai rice production is expected to fall

Published 2023년 9월 26일

Tridge summary

Thai rice exports have grown significantly in the first seven months of 2023, with both quantity and value showing increases of 30.2% and 51.8% respectively compared to the same period in 2022. However, the Office of Agricultural Economics forecasts a decline in rice production for the 2023-24 harvest season due to the El Niño weather phenomenon, with a 3.27% drop in output. Changes in climatic conditions, such as delayed rainfall and lower levels expected for the crop year, have led to a decrease in the cultivation area and productivity per rai, as well as an increased risk of diseases and pest infestations in rice production.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(By Planeta Arroz, Bangkok Post) Farmers harvest rice in the fields. Rice exports during the first seven months of this year totaled 2.54 million tons, with a value of 40.8 billion baht (USD 1 = 36.41 THB), a gain of 51.8% year on year. Thai rice production is expected to fall by 871,000 tonnes of paddy rice, a 3.27% drop to 25.8 million tonnes, for the 2023-24 harvest season, mainly attributed to the El Niño weather phenomenon, according to with the latest forecast from the Office of Agricultural Economics in the Ministry of Agriculture and Cooperatives. Tantita Bunyamaneekul, deputy secretary-general of the Department of Agricultural Economics, said the country's rice cultivation area for the 2023-24 agricultural year totaled 62.4 million rai (0.16 hectare), a decrease of 602,000 rai or 0.96% compared to the previous year. The harvested area is estimated at 59.6 million rai, a reduction of 316 thousand rai or 0.53% compared to the previous year. The decline in cultivation area ...

Source: Planetaarroz