Writing by Ed Davies; Editing by … Here’s What You Need to Know, Stocks Notch All-Time High After Weak Jobs Data: Markets Wrap, U.S. Count Eases; India Reports Record Death Toll: Virus Update. WASHINGTON, D.C., U.S. — Flood and drought damage, particularly in the northeastern region of the country, has led the U.S. Department of Agriculture to revise downward its forecast production of rice output in Thailand for the 2018-19 marketing year. An unexpected error has occurred with your sign up. […] Nicknamed the “rice bowl of Asia,” Thailand exported $5.6 billion worth of rice in 2018 or 22.7 percent of the world’s rice export. (Bloomberg) -- Thailand is set to lose its status as the world’s No. Rice farmers usually plant their paddy in June or July but because of critical water shortages, the Agriculture Ministry has asked farmers to delay planting their crop until August. You have 2 free articles left. Drought will cut major rice exporter Thailand’s 2015 off-season crop by over 30 percent, according to the latest report from the Office of Agricultural Economics. Magazines, Thailand is Suffering From The Worst Drought in Decades. Rice production in Thailand represents a significant portion of the Thai economy and labor force. Drought threatens Phitsanulok rice fields By The Nation A drought in Phitsanulok province is destroying more than 1,000 rai of rice fields in Phrom Phiram district. About half of the major reservoirs in the country stand below 50 percent of capacity. Thailand’s dry-season rice harvest has been particularly affected, with reports of over four million acres of rice farmland damaged. Of the 40% of Thais who work in agriculture, 16 million of them are rice farmers by one estimate. 2 rice exporter this year, as drought and a resilient currency make shipments more expensive than those from other growers including India and Vietnam. Rice production in 2018-19 is forecast at 20.86 million tonnes, down from an early projection of 21.2 million tonnes, according to an … search; in-focus. Resources : Draft of Master plan about drought in Thailand. Magazines, Ben Crump's Fight to Raise the Value of Black Life, Digital The average was $673 per ton in the five months through May, according to the association, which was … 2 rice exporter this year, as drought and a resilient currency make shipments more expensive than those from other growers including India and Vietnam. Thailand still hasn’t been able to produce enough of this type for exports. BANGKOK, THAILAND — Thailand’s rice production is expected to take a hit due to drought and irrigation restrictions, according to a Feb. 23 Global Agricultural Information Network report from the U.S. Department of Agriculture (USDA). Subscribe for just $18. * The request timed out and you did not successfully sign up. Agricultural Promotion Department Director-General Kemkaeng Yutitamdamrong said this week that the northern part of Thailand now faces drought. An exchange rate of 32.5 baht to 33 baht per dollar would “make things better,” according to Charoen. That share is naturally coming to India," Rao said. Thailand, the world's second-largest rice exporter, suffered through a drought earlier this year that has affected the rice crop. Association cuts Thai export target by 13% to 6.5 million tons, Volume dropped 40% in first half amid drought, strong currency. Meanwhile the drought is taking its toll on the country’s farmers. The industry supports almost a third of the country’s population of 69 million, according to Chookiat Ophaswongse, honorary president of the association. Recent Attaché Reports (GAIN) Thailand: Rice Price - Weekly. Subscribe for just $18. CHIANG RAI – Rice Farmers in northern and northeastern Thailand are facing possibly the worst drought in 40 years, with crops withering and tap water on the verge of drying up in some areas.. “We expect rice production to decrease by approximately 1.5 to 2 million tonnes,” he said. The baht was 31.61 per dollar as of 1:20 p.m. Tuesday in Bangkok. BANGKOK, THAILAND — Over the past two years Thailand’s rice production has been impacted by drought but seems to be bouncing back with an expected 12% production increase in the 2021-22 marketing year, according to a Global Agricultural Information Network (GAIN) report from the US Department of Agriculture (USDA). Thailand: Drought Update. Until recently, Thailand was the largest exporter of rice in Asia. Thailand’s Irrigation Department said that the amount of usable water in dams across the country, except in the West, have dwindled to below 10 percent and in the capital Bangkok tap water production has been slowing down since May, reports the Associated Press. Around the same time, the government told farmers to hold off planting rice… Contact . The weather pattern known as La Nina that contributed to drought in the Americas has instead brought rains to much of Asia, where over 90% of the world’s rice … This sector experienced a great impact from the drought as Thailand’s agricultural sector utilizes 70 percent of Thailand’s total water supply. "Thailand's shipments are falling due to the drought. “I’m stressed out and don’t know what to do.”. Recent Attaché Reports (GAIN) Thailand: Rice Price - Weekly. The new estimate puts Thailand on course for its lowest shipment volume since 2000, according to the association’s data. The drought is the worst in decades. 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