Record rice stocks in warehouses | Bangkok Post: business

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Rice stocks 'near record'

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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  • oldexp

    ThailandPost : 423

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    Discussion 4 : 09 Feb 2013 at 01.014

    I remember that one of our friends wrote lately that Thaksin helps running the government from abroad is a good thing. Thaksin understands a lot about economics, he wrote.
    So the success of the rice pledging scheme is showing (more and more and nasty and nastier)

  • john49

    ThailandPost : 484

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    Discussion 3 : 08 Feb 2013 at 23.183

    Thaksinomics at work.

  • The Dark Side

    ThailandPost : 607

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    Discussion 2 : 08 Feb 2013 at 23.172

    Taksin. Please find a place out of the sun to think. Your rice is rotting along with your new found scams. Thailand is begging and the sound of the voices is going to get louder! You call the next shot!

  • cinbkk

    ThailandPost : 200

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    Discussion 1 : 08 Feb 2013 at 22.541

    Piles of rotten rice in warehouses and jams of new cars on the roads. What else will the government do for us?

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