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Sunday, April 28, 2024

Farm losses increase despite state support

Study shows higher debts in past decade

A study revealed the state’s efforts to intervene in the market to help Thai farmers over the past decade have done little to raise their income. (Photo: Prasit Tangprasert)

Despite government subsidies, Thai farmers are the poorest in Asia and Asean, with average losses of 2,000 baht per rai and higher debts over the last 10 years.

According to the latest study by the University of the Thai Chamber of Commerce (UTCC), over the past decade the government’s efforts to intervene in the market to help Thai farmers have done little to…

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