Thais pay rice folly price | Bangkok Post: opinion

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Thais pay rice folly price

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Re: "FAO warning shows folly of rice pledging", (Opinion, BP, Feb 11). 

It seems the Yingluck Shinawatra government's rice pledging scheme has made dunces of all Thais.

The price of Thai rice is now 40% higher than the global market price. Rice exports last year plunged 37%. The outlook for Thai rice is bleak, to say the least. We are at a giddy precipice.

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