The Bank for Agriculture and Agricultural Cooperatives (BAAC) board approved six programs to support prices of rice, feed corn and longan. They include a 1,000 baht per rai payment to registered rice growers, capped at 10 rai per household, and a 40.9 billion baht loan scheme to delay sales of the 2026/27 main-season paddy, targeting 3 million tonnes.
A further 15 billion baht credit line will fund rice collection and value-added processing by farmer institutions.
Holding paddy off the market and funding collection reduces near-term rice and feed corn supply, which supports Thai domestic prices. The payments also let farmers keep stock longer, so the effect on export prices is likely modest but firmer.
After 168 past bullish policy events, Rough Rice moved a median +0.8% over 5 sessions (57% higher; middle half -1.7% to +2.1%), and -0.4% over 20.
After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.