Extra budget funds for rice pledging | Bangkok Post: news

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Extra budget funds for rice pledging

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The cabinet will on Tuesday consider an extra budget allocation for the rice pledging scheme because the second crop harvest will be larger than expected. 

Boonthai Kaewkhantee, an executive vice president of the Bank for Agriculture and Agricultural Cooperatives (BAAC), said last year's big flood had reduced the size of the main crop during the 2011/2012 harvest.

Many farmers then rushed to plant a second crop, which would be harvested soon, along with the main crop.

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