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rice prices skyrocket! Knock on the difference for the 15th installment, only 1 type of compensation, 3 more through the ceiling, and the jasmine fragrance ends the season.

“Commercial” eliminates the difference in rice income insurance. The 15th installment pays compensation, leaving only 1 type “Jasmine rice outside the area”, and the other 4 types do not have to pay compensation. The cause of the jasmine rice paddy season has come to an end. paddy rice Pathum Thani rice and glutinous rice Price cuts through insurance ceiling reveal exporters and mills scrambling to buy rice, the main factor pushing prices up sharply Emphasize going forward to examine continued purchases. Prevent price manipulation, pressure cheating

Mr Jurin Laksanawisit, the Deputy Prime Minister and Minister of Trade, revealed that the Sub-Committee on Oversight and Determination of Intermediate Criteria for the Rice Farmers Income Insurance Project. Having considered the median reference price and compensation for the price difference under the Rice Farmers Income Insurance Program 2022/23, the 15th installment, for farmers who notified the expected harvest date between 14-20 January 2023 by The difference is be paid to farmers who grow only 1 type of rice, jasmine rice outside the area. As for jasmine rice, there is no need to pay. due to the end of the rice harvesting season paddy rice Pathum Thani rice and glutinous rice do not have to pay because the price is higher than the target

For jasmine paddy outside the area, there is a middle threshold of 13,614.88 baht per ton, farmers will receive compensation from the difference of 385.12 baht per ton, receiving the highest compensation of 6,161.92 baht per household. The median threshold was 11,147.94 baht per tonne, above the guaranteed income of 11,000 baht per tonne. The median threshold is 10,052.72 baht per tonne, which is higher than the income guarantee at 10,000 baht per tonne and for glutinous rice. The median threshold is 12,540.13 baht per tonne, which is higher than the guaranteed income of 12,000 baht per tonne.

However, the Agriculture and Agricultural Cooperative Bank (BAAC) will transfer funds directly to farmers’ accounts within 3 working days or by January 25, 2023, with farmers receiving compensation according to information from the Department of Agricultural Extension for the 15th instalment. The number is 4,206 households.

for the southern area slower than other sectors due to slow cultivation By this time, the production started to come out. But the compensation for the difference will be distributed gradually in each installment. By starting harvesting in November 2022 and it will be issued in large quantities in April 2023, after which the difference will be gradually transferred. Farmers in the south will receive the same difference as farmers in all regions.


Mr said. Udom Srisomsong, Deputy Director General of the Department of Internal Trade, that the Thai Rice Traders Association and the Thai Rice Mills Association have provided information that The factor that causes all kinds of rice prices to rise now is because of the export situation. White rice is still in demand. Both from the Philippines, Japan and Iraq, so there is an urgent purchase to be made. Total exports for the year 2022 were 7.69 million tonnes, higher than the target of 7.50 million tonnes, an increase from the year 2021, which exported 6.30 million tonnes, or an increase of 22.06%.

By paying compensation for the difference between the 1st and 14th installment, 2.586 million households have already been paid, which is a total of 7,833.59 million baht, and is part of the support payment for rice farmers’ quality management and development. (One thousand baht each) BAAC has transferred money to farmers’ accounts for more than 4.61 million households.

In terms of money transfers to farmers in the past, where there have been cases where money transfers were unsuccessful due to deposit account problems, the BAAC has followed up and resolved the problem to some extent. causing the amount of failed money transfers to farmers to decrease Instead, farmers are asked to check their bank accounts and contact them. BAAC to prevent problems when receiving compensation for the difference according to the project, for example, in the case of problems with the name-surname not matching, the account is closed, the account is frozen Or if there is no custodial account with the BAAC, ask farmers to open a new account with a BAAC branch in the area so that BAAC can continue to transfer money to farmers.

However, the department will increase 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 no rice pier or rice mill displays a 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 Commerce Internally, Telephone 1569.