Commerce Ministry content with the progress in state rice pledging program

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BANGKOK, 23 March 2012 – The Commerce Ministry has been satisfied with the progress in the state rice pledging program, after a considerable number of farmers have joined in the campaign. 

Commerce Minister Boonsong Teriyapirom said on Thursday that more and more rice farmers have continued to bring their crops to join in the government-initiated rice pledging program.

Mr. Boonsong said that more than 1.2 million tons of rice have been pledged so far.

He stated that the rice pledging program has helped add more cash to the farmers’ pockets, due to a substantial increase in rice price from between 6,000 and 7,000 baht per ton to 15,000 baht a ton.

The Commerce Minister added that all farmers, who have taken part in the project, are in the process of delivering rice crops to the government’s stock.