Thailand: The government sector looks down on the livestock sector, especially pig farmers

Published 2024년 2월 16일

Tridge summary

The articles discuss the economic impact of illegal livestock smuggling, particularly pork, on Thailand's economy, and its effect on inflation. The Bank of Thailand's economic growth forecasts are criticized for not considering these factors. There is disagreement between the business sector and the government over the decision to maintain the policy interest rate at 2.50%. The articles also highlight the challenges faced by pig farmers due to rising interest rates and production costs, and the impact on the purchasing power of the public sector. Concerns are raised over the government's disregard for pig farmers and the potential negative impact on the Thai economy. The authors predict an oversupply of pork in the market in 2024 due to increased farming post the African Swine Fever outbreak.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The BoT's predictions missed the target. From the author's point of view, the question arises: Do models used to forecast economic growth include livestock economic activity? If included...how much weight is the livestock sector given in the model? Have you considered the impact of the issue of illegal pork smuggling and other illegal livestock products? The author can't help but think that the BoT seems to be looking down on him. Economic impact of smuggled livestock products Whether it's illegal pork Wild cattle, wild chicken feet, wild goats, etc., all kinds of wild things that occur. It created more disaster for the Thai economy than many people expected. Because it destroys the economic activities of livestock farmers, especially pigs, beef cattle, and goats, until they are discouraged again and again. And the issue of feral pork is considered the hottest. But until receiving care from the state It was long enough to cause losses for all farmers, including the integrated farm ...
Source: Pasusart

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