Published by
The Bangkok Post
The Bangkok Post
Rice has been Thailand’s dominant cash crop for decades, using more than half of the arable land as well as the labour force in Thailand. Thailand is also one of the world’s largest exporters of rice, with shipments expected at 6 million tonnes this year, up slightly from 5.72 million tonnes shipped last year. Yet Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association, believes the rice trade is a sunset industry given the crop’s high production cost, rising wages, expensive logistics costs and relatively low productivity. STAGNANT OUTLOOK Last year Thailand ranked thi…
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