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Rice income insurance for the installment 23. How much is the difference? Check here!

Trade is beating on the 23rd installment of rice income guarantee for farmers which informs the harvest date between March 11 and 17, by transferring money to farmers on March 22.

Mr revealed Udom Srisomsong, Deputy Director General of the Department of Internal Trade, that the Sub-Committee on Oversight and Determination of Central Reference CriteriaRice Farmer Income Insurance Program Having considered the middle reference price and the compensation for the price difference according to the Rice Farmers Income Insurance Scheme 2022/23, which is the implementation of the policy of the Minister of Trade (Mr. Jurin Laksanawisit). which informs the expected harvest date between 11 – 17 March 2023. It appears that

Jasmine rice paddy outside the area with a median price of 13,612.20 baht per tonne, farmers will receive compensation for the difference of 387.80 baht per tonne, receiving the highest compensation of 6,204.80 baht per household.

Pathum Thani rice with a median price of 10,914.64 baht per ton, farmers will receive compensation for the difference of 85.36 baht per ton and receive a maximum compensation of 2,134.00 baht per household.

paddy rice The median price is 9,918.67 baht per tonne, and farmers will receive compensation for the difference of 81.33 baht per tonne.
The maximum compensation is 2,439.90 baht per household.

sticky rice The median price is 12,190.67 baht per ton, which is higher than the insurance price. Therefore, there is no compensation difference in this period.

jasmine rice No benchmark price because the harvest season is over The 23rd installment will be paid to farmers who receive the right on March 22, 2023.

A representative of the Thai Rice Mills Association gave information that the off-season rice has now gradually started to enter the market. And it will be released to the market at the beginning of April 2023 As a result, the price of non-glutinous rice weakened slightly. and the Thai Rice Traders Association Give more information Non-glutinous rice has been the most traded rice in the market recently. Causing the price to adjust up and down in a narrow frame according to market demand which still has continuous demand from exporters

for the export situation the representative of the Foreign Trade Department gave information that this year is going in a good direction. With the export volume up to March 15, 2023, more than 1.69 million tons of rice could be exported due to the improved situation of the baht. making it possible to export continuously Including competitors such as Vietnam and India who have started a policy to keep rice for domestic consumption. Therefore, this year’s exports are expected to be able to export more than last year, perhaps up to 8 million tons.

However, in the last 1st to 22nd installments, more than 2.622 million households have received the income insurance difference, totaling 7,858.91 million baht and support per 1,000 baht each. More than 4.640 million households have received the money, amounting to 53,990.75 million baht.

For farmers who have received the right but have not received the money yet, contact the BAAC branch near their home so that BAAC can investigate further. Department of Internal Trade has added monitoring of paddy trading both in terms of closing the sign showing the purchase price Including checking the accuracy of the weighing machine and moisture meter. and if it is found that any khao or rice mill Do not close the sign showing the purchase price. Pressure on the purchase price, cheating on pressure or having any behavior that takes advantage of the people Complaints can be made at the helpline of the Department of Internal Trade, call 1569.