CA2320EN.pdf

By 4 percent in the case of white paddy to 7 500 usd

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by 4 percent in the case of white paddy to 7 500 (USD 228) per tonne, while glutinous prices would be cut by 6 percent to THB 10 200 (USD 310) per tonne. Farmers participating in the scheme would receive an additional THB 1 500 per rai (USD 285 per ha) as compensation for harvesting, and quality improvements for a maximum of THB 18 000 (USD 547) or 12 rais (1.9 ha) per household. This compares with a THB 1 200 per rai (USD 228 per ha) outlay extended for the purpose in 2017/18. Under another scheme, THB 12.5 billion (USD 380 million) would go to provide credit to farmer organizations in order to delay the sales of 2.0 million tonnes of paddy, while another programme would provide a 3 percent interest subsidy to millers and traders who agree to store supplies for 60 to 180 days. The latter scheme aims to delay sales of 5.0 million tonnes of paddy. Sep-18 Production adjustment programme Approved a budget of THB 461 million (USD 14 million) to encourage rice producers cultivating 2 million rai (320 000 ha) under irrigation across 33 provinces to grow maize during the 2018/19 offseason cycle. Under the programme, participating farmers would be provided with a THB 2 000 per rai (USD 380 per ha) loan at a subsidized interest rate of 0.1 percent, for up to 15 rai (2.4 ha), while officials would also take steps to facilitate maize sales at remunerative prices and offer crop insurance against natural disasters. Aug-18 Stock release Sold 267 000 tonnes of rice for feed and industrial uses from government stocks through two tenders held on 29 and 30 August 2018. According to reports, these volumes constituted the last public stockpiles of rice accumulated through the defunct paddy-pledging programme. Turkey Jun-18 to Aug-18 Import tariff Levied an additional import duty of 25 percent on rice originating in the United States, effective 21 June 2018, in response to US tariff increases on imports of selected steel and aluminum products. A decision published on 15 August 2018 doubled this additional levy, bringing total import duties on US rice to 84 percent for paddy, 86 percent for husked rice, and 95 percent for semi/wholly milled and broken rice. Aug-18 Import quota, import tariffs Authorized the Turkish Grain Board to import 100 000 tonnes of rice, free of duties, until 31 August 2019. United States Aug-18 Production support, government procurement Laid out details of a USD 12 billion short-term support package to agricultural producers, in order to help them cope with losses incurred as a result of trade disputes. Under the measure, assistance for the rice sector would be channeled through the Food Purchase and Distribution Program, under which USD 48.1 million would go to purchase domestic rice, to be distributed under nutrition assistance schemes. Under two separate programmes, payments would be extended to producers of seven products (not including rice), while USD 200 million would be allocated to promote the development of new export markets for all US agricultural sectors.
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