Milkboard green light to adjust raw milk prices in Thailand

Published Mar 27, 2023

Tridge summary

The Ministry of Agriculture and Cooperatives of Thailand has increased the purchasing prices for raw milk and cow milk, raising them from 19 baht per kilogram to 21.25 baht and from 20.25 baht per kilogram to 22.75 baht respectively, in front of raw milk collection centers and dairy product processing factories for 2023. The Milk Board has also suggested that the Ministry of Commerce should look into regulating the prices of production factors and animal feed. Additionally, there are plans to increase the prices of dairy products and milk products for children and youth in line with rising production costs.

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

Original content

Mr. Apai Suthisang, Deputy Permanent Secretary of the Ministry of Agriculture and Cooperatives Said later as the chairman of the Milk Board Meeting No. 1/2023 that according to the resolution of the Milk Board Meeting No. 5/2022 on December 22, 2022, it was assigned to Sub-Committee on Pricing for Cow's Milk and Milk Products Review pricing in line with the cost situation. which the sub-committee Has proposed criteria for determining the middle price for the purchase of cow's milk. In front of the raw milk collection center and in front of the dairy product processing factory in 2023, including discussing related issues with details as follows 1. Approve to adjust the median price for buying raw milk. in front of the raw milk collection center From 19 baht per kilogram to 21.25 baht. 2. Approved to adjust the median price for buying cow milk. In front of a dairy product processing factory in 2023 from 20.25 baht per kilogram to 22.75 baht 3. Have the Sub-Committee prepare price ...

Source: Naewna