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webfact

Thai farmers encouraged to grow more soybean plants

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Farmers encouraged to grow more soybean plants

 

BANGKOK, 25 November 2016 (NNT) - The committee overseeing vegetable oil and oil crops is slated to ask the Cabinet to consider regulating prices of soybeans to encourage domestic farmers to grow soybean plants. 

The committee's recent meeting chaired by Deputy Prime Minister Air Chief Marshal Prajin Junthon discussed the country's need to import certain oil crops to meet domestic demand. 

Deputy secretary-general of the Office of Agricultural Economics Jariya Suthichaiya said the crops would be imported from January next year to the end of 2019 under the terms set by World Trade Organization and ASEAN Free Trade Area. 

To reduce Thailand’s dependence on oil crop imports, the committee will ask the Cabinet to approve standard buying prices of soybeans per kilogram which will be based on manufacturing purposes. 

The minimum price for a kilogram of soybeans will be 15.50 baht. Teh price will increase by at least 2 baht if the beans are to be used for the production of vegetable oil, animal feed and human food. 

Jariya said new prices would attract more farmers to grow soybean plants, hoping to reduce imports of such crop.

 
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-- nnt 2016-11-25

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I can see the next step already: "Thai Soybean no good, we need GMO varieties"....
Instead of just improving their crappy agricultural practice

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You cannot set a price for a commodity product.  

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8 hours ago, webfact said:

ask the Cabinet to consider regulating prices of soybeans to encourage domestic farmers to grow soybean plants. 

TRANSLATION:

Government subsidies for soybean crops.

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7 hours ago, CLW said:

I can see the next step already: "Thai Soybean no good, we need GMO varieties"....
Instead of just improving their crappy agricultural practice

And  where  are  non  GMO soybeanseed  available??????  Man Santa already   ferked that concept  over  about  10 years  ago! :(

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6 hours ago, bark said:

You cannot set a price for a commodity product.  

tell that to the EU

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And  where  are  non  GMO soybeanseed  available??????  Man Santa already   ferked that concept  over  about  10 years  ago!

Actually my idea was just sarcasm.
I think the Thai varieties could do well.
But what you said, is not so unlikely.
From the point of Monsanto, they could say: Hey, you want to grow more and better Soybean? Why not try our nice GMO varieties...

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Why not grow peanuts on a large scale? They are very expensive in Thailand.

Peanuts need sandy soil.
Also susceptible for too much soil moisture and soil living insect pests.

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" The committee overseeing vegetable oil and oil crops is slated to ask the Cabinet to consider regulating prices of soybeans to encourage domestic farmers to grow soybean plants.  "

 

so translated - nobody has actually done anything yet... they are "mulling". They haven't got anywhere near to "encouraging" yet as the headline was leading us to believe...

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15 hours ago, bark said:

You cannot set a price for a commodity product.  

 

They do it already for palm oil.

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Yeah everybody grow soybeans and watch the price collapse come harvest time

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If nothing else this proposal will give the foundation members of the Great Rice Scam something to think about and work on for when the timing is right for the Great Soybean Scam.

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19 hours ago, soalbundy said:

tell that to the EU

EU it is a commodity product.

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