Programme will help 1.6 million registered farmers in current crop year
Farmers in Trang province tap a rubber tree for latex. (Post File Photo)
The cabinet on Tuesday approved 7.6 billion baht to guarantee rubber prices for 1.6 million registered farmers.
The move is the fourth phase of an ongoing programme, the cabinet said in a statement, and promises a 40-60 split on revenues between rubber tappers and plantation owners respectively.
The price guarantee for the 2022-23 season covers 1.6 million rubber farmers with a combined 18.2 million rai of rubber plantations. Of the total, plantation owners and tenant farmers account for 1.37 million people, with 231,514 rubber tappers, according to the…
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