Thai rice prices rise, bringing relief to farmers and millers

0
91
Deputy Prime Minister and Commerce Minister Suphajee Suthumpun chairs a rice policy meeting on November 13 as farmers report satisfaction with improved prices and exporters cite stronger overseas demand.

BANGKOK, Thailand – Deputy Prime Minister and Minister of Commerce Suphajee Suthumpun reported improvements in domestic rice prices, noting that both farmers and private-sector representatives are satisfied with current market conditions. She stressed the importance of reducing production costs, increasing yields per rai, and maintaining price stability to enhance farmers’ net incomes.

On November 13, 2026, the Deputy Prime Minister chaired a meeting of the National Rice Policy and Management Committee’s Subcommittee on Marketing to review domestic prices, exports, and measures to maintain rice price stability. The National Farmers Council stated that current prices are satisfactory but called for improvements in seed quality, productivity, and production costs.



​Thai Rice Millers Association President Banjong Tangjitwattanakul reported year-on-year price increases across major rice varieties. Fresh jasmine rice paddy was priced at 13,700–14,000 baht per ton, increasing to 16,500–17,000 baht at 15% moisture content. Non-glutinous white rice paddy sold for about 9,000 to over 10,000 baht per ton, while glutinous rice ranged from 9,000 to 12,500 baht per ton, depending on moisture content.


​The Thai Rice Exporters Association said exports remain satisfactory, driven by renewed demand from Malaysia and the Philippines, as well as rising global food security concerns. Thai 5% broken white rice export prices rose from about US$356 to over US$510 per ton. The Deputy Prime Minister directed the Ministry of Agriculture and Cooperatives to address production costs, seed quality, yields per rai, and fuel and fertilizer expenses, including expanding customized fertilizer programs.

The meeting’s recommendations will be submitted to the full National Rice Policy and Management Committee, which is expected to meet by late November or early December to consider measures for the 2027 production season. (NNT)