Ministry of Commerce Knock on rice income guarantee, installment 14, good price continuously BAAC will transfer money directly to farmers’ accounts within 18 Jan. 23
Mr. Udom Srisomsong, Deputy Director-General of the Department of Internal Trade As the chairman of the meeting of the sub-committee on supervising and setting benchmarks for the rice farmers’ income insurance project, he revealed that the sub-committee Has considered the benchmark reference price and compensation for the price difference under the Rice Farmer Income Insurance Program for the year 2022/23, the 14th installment, for more than four thousand farmers who notify the harvest date between 7 – 13 Jan. 2023.
The benchmark price and the compensation difference are as follows: jasmine rice The median threshold is 14,139.99 baht per ton, the compensation is 860.01 baht per ton, the maximum compensation is 12,040.14 baht per household.
Jasmine rice paddy outside the area The median threshold is 13,540.74 baht per ton, the compensation is 459.26 baht per ton, the maximum compensation is 7,348.16 baht per household.
paddy rice The median threshold is 9,949.63 baht per ton, the compensation is 50.37 baht per ton, and the maximum compensation is 1,511.10 baht per household.
forPathum Thani rice andsticky rice The median reference for this installment is higher than the insurance price. Therefore, there is no compensation for the difference in this period. by Pathum Thani rice The median threshold is 11,081.16 baht per ton, which is higher than the insurance price of 11,000 baht per ton. The median threshold is 12,492.79 baht per ton, which is higher than the insurance price of 12,000 baht per ton.
Compensation payment difference Bank for Agriculture and Agricultural Cooperatives (BAAC) will transfer money directly to farmers’ accounts within 3 working days or within 18 January 2023.
As for the result of paying compensation for the difference as of January 11, 2023, the BAAC has already paid the difference to farmers in installments 1-13 for farmers harvested by January 6, 2023. 2.575 million households
In this regard, the transfer of money to compensate the difference to farmers in the past In which there are cases of unsuccessful money transfers from deposit account problems, which the BAAC has followed up and solved the problem to a certain extent, causing the amount of unsuccessful money transfers to farmers to decrease however Ask farmers to check their deposit accounts and contact the BAAC so that there will be no problems in receiving compensation for the difference according to the project. Or if there is no deposit account with the BAAC, ask farmers to open a new account with the BAAC branch in the area so that the BAAC can continue to transfer money to farmers.
As for the implementation of parallel measures, the BAAC reported that the credit project delayed the sale of paddy. farmers and cooperatives More than 2 million tons of paddy have been collected in the barn and now it is in the process of accelerating the payment of credit and storage fees to farmers.
As for checking the stock under the rice trader’s interest compensation scheme, it was found that more than 2.3 million tons had been stockpiled in November-December 2022, which was one of the factors that raised the price of rice. All kinds are at a good level now. In addition, the situation of exporting rice has demand for products to be delivered in time to meet orders from abroad. by exporting rice in the first 11 months of last year Exports were about 6.9 million tons, when combined with export licenses for about 800,000 tons, making last year’s exports close to 7.7 million tons, higher than the target set at 7.5 million tons. Used domestically for use as a food ingredient. There is a tendency to increase from accepting Chinese tourists. especially jasmine rice causing the price to rise
Deputy Director General Department of Internal Trade added that Department of Internal Trade has added monitoring of paddy trading both in terms of closing the sign showing the purchase price Including checking the accuracy of the weighing machine and moisture meter. which if found that any tha khao or rice mill Do not close the sign showing the purchase price. Pressing the purchase price, cheating on weight or having any behavior which is taking advantage of the people Complaints can be made at the Department of Internal Trade hotline, call 1569.