# High production costs force rice mills to beg for government aid

> Thai rice mills are seeking government loans or debt relief after drought in the Central region delayed planting and pushed harvests to October and November. Mills expect to run 50-60% below capacity, and the association says exports reached 3.3 million tonnes in the first seven months of the year.

- Date: 2020-09-04 · published 2020-09-04T12:00:00.000Z
- Category: weather · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/51194-high-production-costs-force-rice-mills-to-beg-for-government-aid
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Delayed harvests and a concentrated harvest window could create an oversupply at harvest time, which would pressure Thai rice prices. Reduced mill output and weaker export volumes are the main offsetting factors.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2020-05-15 | [Rice prices ease on high production  \| The Business Standard](https://feedsoft.ai/events/7505-rice-prices-ease-on-high-production-the-business-standard.md) | -7.9% | -7.8% |
| RICE | 2020-08-18 | [India's basmati rice production to be higher than last year's level due to monsoon boost - The Economic Times](https://feedsoft.ai/events/51562-india-s-basmati-rice-production-to-be-higher-than-last-year-s-level-due-to.md) | +2.4% | +1.5% |
| RICE | 2019-04-25 | [‘Near-normal monsoon may boost foodgrain production’ - The Hindu](https://feedsoft.ai/events/59580-near-normal-monsoon-may-boost-foodgrain-production-the-hindu.md) | +0.9% | +11.6% |
| RICE | 2025-04-15 | [India forecasts above average monsoon rains in boost to crop output, economy](https://feedsoft.ai/events/25056-india-forecasts-above-average-monsoon-rains-in-boost-to-crop-output-economy.md) | -3.0% | -12.3% |
| RICE | 2024-07-09 | [Rice Prices Plummet as Hurricane Brings Hits Growing Areas](https://feedsoft.ai/events/4978-rice-prices-plummet-as-hurricane-brings-hits-growing-areas.md) | -13.9% | -10.5% |

## Sources

- nationthailand.com: https://www.nationthailand.com/in-focus/30394026

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