Voice of America: Rice Payment Scheme Threatens Thailand's Status as World's Top Exporter

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

Rice Payment Scheme Threatens Thailand's Status as World's Top Exporter Aug 31st 2012, 18:40 Thailand is risking its status as the world's biggest rice exporter because of a controversial government purchasing policy to boost farmers' incomes.  Rice industry insiders say the costly program is inefficient and money would be better spent on long-term investment. Thailand's rice stocks are full but the rice keeps coming.  The government's rice-buying policy guarantees farmers better than market prices for all the rice they can sell, but it is costing the ... Media files: 389B42B2-0858-4639-A01C-8951ED85E409_cx0_cy0_cw0_w800_r1.jpg?nocache=1 (image/jpeg, 0 MB)

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