# Phichit farmers seek govt intervention over rice price

> Farmers in Phichit province in Thailand complained that mills are offering Bt8,500-9,000 per tonne for moist rice and Bt10,500-11,000 for dry jasmine rice, below their expectations. They asked the government for price guarantee measures, and local officials have asked buyers for fairer prices.

- Date: 2020-11-04 · published 2020-11-04T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/50239-phichit-farmers-seek-govt-intervention-over-rice-price
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Low farmgate offers tied to humidity and an expected harvest of about 290,000 tonnes point to weak local paddy prices, which can add pressure to Thai rice export quotes.

## Read by commodity

- RICE: bearish ▼

## Sources

- nationthailand.com: https://www.nationthailand.com/in-focus/30397317

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.