POST Online Media Lite Edition



 

Thailand's rice industry at turning-point moment

Staff writer |
Thailand's rice industry must negotiate several risk factors that are pressuring farmers to speed up the development of rice breeds to strengthen the sector, the Thai government says.

Article continues below






Agriculture and Cooperatives Minister General Chatchai Sarikalya said the industry was at a turning-point moment in terms of growing firmly and sustainably.

Speaking at a rice conference in Bangkok, he said the industry was facing rapid changes and tougher competition, especially as a result of the economic integration of Asian and non-Asian countries as well as the diversity of consumer tastes.

He added that value-added innovation and climate changes were also factors that would help push for solidity and opportunity for the sector.

Chatchai said a SWOT (strength, weakness, opportunity and threat) analysis of the industry found that it was still strong, as the country had a variety of rice breeds. He said this created flexibility for the country to improve breeds in line with changed farming areas and to serve market needs.


What to read next

Thailand to sell 300,000 tonnes of rice to Iran
Bangladesh to buy 250,000 tonnes of rice from Thailand, India
Thailand sells rice stockpile, Vietnam may lose buyers