Thailand may take measures to reduce rice output

Published 2023년 8월 8일

Tridge summary

Due to scarce rainfall and the threat of a drought caused by the El Niño weather pattern, the Thai government is advising farmers to reduce rice planting to save water. This could pose a threat to global rice supply as Thailand is the world's second-largest rice exporter. The ban on rice shipments from India has already caused a surge in global rice prices, with traders rushing to buy rice from farmers and risking deals worth millions of dollars.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to recent news from Thai media, the rainfall in Thailand is scarce, and government departments are considering asking farmers to reduce planting. After India banned some rice shipments, the Thai government advised farmers to reduce rice planting to save water, which poses a new threat to global rice supply. the Farmers in central Thailand are already growing rice, but the government is encouraging them to switch to other crops that require less water, the Office of Water Resources (ONWR) said. Thailand, the world's second-biggest rice exporter, will suffer next year's climate change due to an El Niño weather pattern. It is drier and Thailand is preparing for a possible drought, so the rainfall in Thailand is decreasing. the The cumulative rainfall so far in central Thailand is about 40% below normal, and the move to reduce rice cultivation is to help conserve water for households. El Niño is likely to last until 2025. We must carefully plan water management across ...
Source: Foodmate

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