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Rice exports expected to show shortfall

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Rice exports expected to show shortfall

By THE NATION

 

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Rice exports are expected to reach between 8 million and 8.1 million tonnes this year, falling short of the target of 9 million tonnes, Thai Rice Exporters Association honorary president Chookiat Ophaswongse said this week.

 

That would make rice exports in 2019 lower than last year by 3.5 million tonnes.

 

Rice exports during the first nine months totalled 5.9 million tonnes, a reflection of the fierce competition from other countries.

 

He added that many local exporters have suffered losses due to the strong baht but have nonetheless continued to trade to safeguard their market share.

 

Source: https://www.nationthailand.com/business/30377670

 

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-- © Copyright The Nation Thailand 2019-10-23

 

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I know we buy Jasmine rice as Vietnam or Indian products now, 25% cheaper than Thai and tbh better packaged and dated.

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1 hour ago, webfact said:

2019 lower than last year by 3.5 million tonnes.

That's approximately 25% down from the prior year!

 

Q: Why would Philippines care if the rice is hom mali?

A: They care if it's cheap

 

I guess that leaves all the Thais in Los Angeles to buy this year's crop.

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So where is all the rice gone from the rice pledging scheme gone? What a great idea it was just spoiled by greed and thievery. All those decrying it while the current,,,      ....... Hand out free cash. Still the thieving just shhhhhh done say a word or knock knocking at your door.... Shhhhhh shussdd

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Producers Thai. Buyers and sellers Chinese. 'Govt.' corrupt. Nothing will change. No! I'm wrong. It will get worse with climate change with less seasonal rainfal in the tropics and more and stronger storms both of which are not good for rice crops. 

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The rice export in my eyes mostly suffers from the huge rice losses we had this year.

Big areas of Isaan lost the rice to this years floods during raining season.

It has absolutely nothing to do with the TBH, especially as it is not shifting as much versus other local currencies as it is versus Dollar and Euro, or Pound, pun intended, too.

Edited by Enki

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13 hours ago, englishoak said:

I know we buy Jasmine rice as Vietnam or Indian products now, 25% cheaper than Thai and tbh better packaged and dated.

Jasmin rice is always the large grain right?

 

A restaurant here which we often visit serves small grain rice (very nice) but they call it jasmin....

 

So with this high baht rate they don't drop the price to sell it for export? That's what i would do.

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Maybe a stipulation of the mad 1000 baht freebie should be you have to buy 500 baht of Thai rice !

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Watch out thailand, your Baht so high--now American rice can compete.   Sill think it's a good idea to connect up with China?

I prefer Rice Krispies, anyway.

Uncle Ben's rice, anyone?

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I do buy rice occasionally here in Australia (eat more pasta or potatoes)

but I buy Australian rice which is cheaper

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Heavy personal debts, poor export, currency appreciation, what is next ? 

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1 hour ago, Isaan sailor said:

Watch out thailand, your Baht so high--now American rice can compete.   Sill think it's a good idea to connect up with China?

I prefer Rice Krispies, anyway.

Uncle Ben's rice, anyone?

Uncle Bens was OK!! As was Vista dried curries , who can remember those ?

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