Wednesday, 1 October 2014

Thailand Commerce Ministry pushes for expansion of organic rice cultivation

The Commerce Ministry is planning to increase the market shares of Thai organic rice in both domestic and world markets, to resolve the problems of falling rice prices and tap the rising popularity for health products among consumers.

Director-General of the Department of Internal Trade (DIT) Jintana Chaiyawannakarn has gone down to inspect an organic rice production farm owned by the Farm Suk Company in Saraburi central province.

According to Ms. Jintana, the farm provides a model for other organic rice growers to boost quality of their produce. She also said that the demand for organic rice is continuously on the rise, as a number of consumers have become increasingly cautious about their health.

Meanwhile, Mr. Kan Traithong, the owner of Farm Suk, revealed that the capital cost for an organic rice farm is only around 3,000 baht per rai since the crop does not require pesticides or chemicals.

Organic rice currently fetches a price of up to 10,000 baht per ton in the market. The high demand, both in local and international markets, has made organic rice an attractive source of investment.

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