BANGKOK, Thailand – The Ministry of Agriculture and Cooperatives is advancing measures to address financial challenges at the Dairy Farming Promotion Organization of Thailand (DPO), including the formation of a committee to oversee operations and review liquidity issues. The step follows Cabinet approval for the DPO to secure a 600-million-baht loan from the Farmers Assistance Fund.
The loan, interest-free and repayable over seven years from 2025 to 2032, will support the second phase of a raw milk procurement program. Officials said the funding will provide short-term relief for dairy farmers by maintaining cash flow while broader recovery measures are prepared.
Authorities are developing a rehabilitation plan with short-, medium-, and long-term phases to address accumulated losses and improve financial stability. The plan includes expanding market channels, improving management, aligning supply with demand, and managing surplus milk through coordination with public and private partners.
Additional steps include expanding domestic and export markets and advancing research into new dairy products. Detailed criteria and operational frameworks are now being finalized, with the committee expected to guide restructuring and support long-term sustainability for the organization and dairy farmers. (NNT)
