An increase in rice prices is causing concern for local farmers and rice millers in Uttradit, Thailand. The Agricultural Cooperative of Uttradit City Limited, known for producing and selling the “Good Udom” brand of bagged rice, is currently facing a shortage of husked rice. This crisis is due to large-scale rice millers purchasing at high rates, causing the price of rice to increase substantially.
This price surge is a ripple effect of India’s decision to halt rice exports, causing global rice prices to skyrocket. The current situation is expected to last until the end of this year or early next year.
The manager of the Agricultural Cooperative of Uttradit City Limited, Praphan Mairayong, along with the production and marketing team, inspected the stock of husked rice and bagged rice. At present, the husked rice supply is on a buy-and-sell basis…
