Rice Production in Thailand

Rice Production In Thailand

Rice production in Thailand represents a significant portion of the Thai economy and labor force.

Thailand has a strong tradition of rice production. It has the fifth-largest amount of land under rice cultivation in the world and is the world's second largest exporter of rice. Thailand has plans to further increase its land available for rice production, with a goal of adding 500,000 hectares to its already 9.2 million hectares of rice-growing areas. The Thai Ministry of Agriculture expects rice production to yield around 30 million tons of rice for 2008. The most produced strain of rice in Thailand is jasmine rice, which is a higher quality type of rice. However, jasmine has a significantly lower yield rate than other types of rice, but it also normally fetches more than double the price of other strains in a global market.

Read more about Rice Production In Thailand:  Pre-World War II History, Post-World War II History, Government Policy, Increased Production, Effects On Low-income Farmers, Importance of Rice, Traditions, Possible Cartel, References

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