Paddy production seen up 18% on better growing conditions
A farmer plants fresh shoots in a flooded paddy field. The rice harvest for 2022 is forecast to be up 18% on last year. (file photo)
Thailand has set a rice export target at 7 million tonnes this year, 14.6% higher than in 2021, the leading rice exporters body said on Wednesday.
The world’s third-largest rice exporter shipped 6.11 million tonnes of the grain last year and 5.7 million tonnes in 2020, the lowest volume in two decades.
Rice exports should benefit this year from a more stable baht making prices more competitive and better weather conditions, according to Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association.
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