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211738
Fri, 10/07/2011 - 14:03
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http://m.oananews.org//node/211738
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First day of Thai rice mortgage scheme reportedly quiet
BANGKOK, October 7 (TNA) - No farmers pledged their rice with the Thai government on Friday, the first day of the rice mortgage scheme, due to the ongoing vast flooding in the country.
Officials were ready, but no rice farmers pledged their rice at participating rice mills in the Wang Kapee locality of Muang District in Thailand's northern Uttaradit Province, for instance, after the rice mortgage scheme was kicked off Friday morning.
Rice mills in Pichit Province in the Lower Thai North were also quiet, as floods have damaged nearly 500,000 rai or some 800 square kilometres of local paddy fields and local farmers who had harvested before the over two-month ongoing flooding had already sold their paddy.
In Yasothon Province in the Thai Northeast, no rice farmers showed up to pledge their paddy either because their first yearly-yields have not yet been harvested. Besides, some paddy fields have been flooded. However, traders said rice should be harvested in Yasothon at the end of this month and farmers are likely to pledge their paddy early next month.
Like in other provinces, no farmers showed up for the mortgage at four participating rice mills in Thailand's northeastern Buri Ram Province, where authorities, however, inspected local rice mills which participate in the rice mortgage scheme to guarantee fair treatment for farmers, checking all stages of the rice mortgage service at the rice mills to prevent paddy from neighbouring countries from claiming the mortgage privilege; while checkpoints have also been set up around the clock to block any possibly smuggled paddy. (TNA)
Officials were ready, but no rice farmers pledged their rice at participating rice mills in the Wang Kapee locality of Muang District in Thailand's northern Uttaradit Province, for instance, after the rice mortgage scheme was kicked off Friday morning.
Rice mills in Pichit Province in the Lower Thai North were also quiet, as floods have damaged nearly 500,000 rai or some 800 square kilometres of local paddy fields and local farmers who had harvested before the over two-month ongoing flooding had already sold their paddy.
In Yasothon Province in the Thai Northeast, no rice farmers showed up to pledge their paddy either because their first yearly-yields have not yet been harvested. Besides, some paddy fields have been flooded. However, traders said rice should be harvested in Yasothon at the end of this month and farmers are likely to pledge their paddy early next month.
Like in other provinces, no farmers showed up for the mortgage at four participating rice mills in Thailand's northeastern Buri Ram Province, where authorities, however, inspected local rice mills which participate in the rice mortgage scheme to guarantee fair treatment for farmers, checking all stages of the rice mortgage service at the rice mills to prevent paddy from neighbouring countries from claiming the mortgage privilege; while checkpoints have also been set up around the clock to block any possibly smuggled paddy. (TNA)
