Local paddy prices are on the rise after the Commerce Ministry kicked off the income guarantee project on Monday.
Permanent secretary Yanyong Phuangrach said yesterday that paddy prices have increased by Bt600-Bt700 per tonne. However, the ministry has ordered officials to closely monitor how millers participating in the programme are measuring the moisture content of rice.
"We have to protect farmers from rice millers' tricks to allow them to receive a fair price," he said.
All paddy rice prices were increased yesterday by an average of Bt600-Bt700 per tonne. Jasmine rice is now trading at Bt13,000-Bt15,000, 5-per-cent rice at Bt8,500-Bt9,000, Pathumthani rice at Bt8,900-Bt9,000, sticky rice at Bt7,200-Bt7,400 and long-grain sticky rice at Bt8,900-Bt9,000.
Source: The Nation
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