BAAC Research Center points out that "pigs and cows" during September, the price trend is down in Thailand

Fresh Whole Beef

Frozen Pork Ham & Shoulder

Thailand

Published Sep 3, 2021

Tridge summary

BAAC Innovation Research and Development Center points out the weakening of the baht and the relaxation of lockdown measures from the Covid-19 epidemic situation in the country, including the needs of trading partner countries. As a result, prices of agricultural products in September 2021 include jasmine paddy. Raw rubber sheet, cassava, oil palm, and white shrimp vannamei. There is a tendency to increase the price of paddy side sticky paddy maize. Raw sugar, pigs, and beef cattle tend to have lower prices.

Original content

Mr. Somkiat Kimawaha, Deputy Manager of the Bank for Agriculture and Agricultural Cooperatives (BAAC), discussed the results of agricultural commodity price forecasts in September 2021 of the BAAC Innovation Research and Development Center. that the agricultural products that have a tendency to increase prices include Hom Mali paddy, priced at 10,075 - 10,465 baht / ton, increased by 1.42 - 5.35 percent from the previous month due to the period when the price of jasmine rice The highest movement was due to a decline in operators' grain stocks. Raw rubber sheet, 3rd floor, priced at 49.00 – 52.00 baht/kg., an increase of 0.31 – 6.45 percent from the previous month, supported by a decrease in the volume of domestic rubber entering the market. shortage of rubber tapping workers and heavy rainfall in the southern region, which is an important source of production In addition, the competitiveness of Thai exports increased due to the depreciation of the baht. and demand in trading ...

Source: Pasusart