What is your assessment of the ecosystem for developing future foods in Thailand?
Thailand Agriculture
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Rising international demand will likely see Thailand come close to equalling last year’s record for rice exports, with strong sales supporting higher rural incomes and contributing to broader economic growth, though success could bring its own challenges.
Rising demand for Thai organic goods in both local and export markets has prompted the government to pursue a range of initiatives aimed at encouraging organic farming practices.
Drought conditions caused by the El Niño weather pattern have seen output ease in Thailand’s agricultural sector, with water shortages predicted to slow economic growth in 2016.
The world’s largest rubber producer has seen earnings and output plunge this year, with Thailand’s government stepping in to fund subsidy and buying programmes to support its rubber growers against a weak economic backdrop.
Economic update | Reducing Thailand’s rice mountain
25 Sep 2013
The government in Thailand is hailing a recent agreement with China as a significant step towards reducing its extensive rice stockpile. However, critics of the programme, which offers growers a minimum price for their crops, say that the deal with Beijing will put only a dent in Thailand’s so-called rice mountain.