Record rice stocks in warehouses | Bangkok Post: business

Rice stocks 'near record'

Published: 8 Feb 2013 at 20.18
Online news:

Rice stockpiles will surge to a record this year driven by the government's rice-purchase programme, according to the Food and Agriculture Organisation (FAO).

The FAO said the country may be running out of room to store the staple.

Milled holdings may jump 40 per cent to 18.2 million (metric) tonnes in 2013, the Rome-based United Nations agency said in a report Friday on the global rice market. The reserves, which averaged 5.4 million tonnes a year between 2008-2010, have increased from 7.8 million tonnes in 2011, according to the report.

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DonAleman
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Discussion 24 : 13 Feb 2013 at 01.5224
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Ah, c'mon already, my Thai "loyalist" wife has been stuffing rice down my throat, 4 X a day, and our patio has 321 bags "warehoused" on it. Send it to the poor in Africa - oops, forgot Africa turned it down re quality !
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oldairman
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Discussion 23 : 11 Feb 2013 at 05.5123
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D22 The Democrat scheme was nothing like this nor anywhere near as expensive.
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jwatch
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Discussion 22 : 10 Feb 2013 at 22.5122
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Just because the DP did a similar scheme doesn't make it a good one...ie two wrongs don't make a right
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jwatch
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Discussion 21 : 10 Feb 2013 at 22.4821
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Now that the government has cornered the rice trade....you can bet some officials are making a killing since there's no alternative !
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bluebottle
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Discussion 20 : 10 Feb 2013 at 10.1520
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waters,he has, don't his friends all over the globe lease land or even own land in Thailand to grow rice on. Therefore they are receiving above market prices for the stuff and making a fortune.A good little earner on the QT.
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wiseyeti
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Discussion 19 : 09 Feb 2013 at 14.5919
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There are many hungry people in many parts of the World. We should give some of our rice away before it gets spoiled.
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RonBargie
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Discussion 18 : 09 Feb 2013 at 14.0318
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This is all about putting the first Thai into space. Thailand can't build its own rocket, but it can have a pile of rice so high that a lucky lottery winner will be able to climb to the top, which should soon be out of the Earth's atmosphere!!
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john49
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Discussion 17 : 09 Feb 2013 at 13.4717
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d16-Tarit doesn't investigate corruption connected to PTP policies. If he had have looked like he would be independent after PTP won the last election, he would have been transferred to an inactive post.
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waters
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Discussion 16 : 09 Feb 2013 at 13.2116
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"An estimated 750,000 tonnes in unofficial shipments was moved in, up from 400,000 tonnes a year earlier, it said."

I almost missed that. Are Thai rice millers getting the 15,000 baht/ton from Thai tax payers for illegally smuggled in Cambodian rice?

Can Tarit investigate this?
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john49
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Discussion 15 : 09 Feb 2013 at 13.1115
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They are stockpiling this rice to put in the 'big bags' in preparation for the next flood.
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Record rice stocks in warehouses | Bangkok Post: business

Rice stocks 'near record'

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