Friday, December 12, 2008

Thailand Rice Seed Business Growing Rapidly - Dec 12, 2008

The recent boom in the Thai rice industry has substantially increased the seed business of the Rice Department, with next year's sales volume targeted to grow by almost 30% from this year to reach 100,000 MT.A number of popular seed varieties are supplied to farmers at about 20% below market price to help farmers access high-quality seed and improve their yields.

Private companies such as CP and Pioneer Seed are key major suppliers of rice seed, including a hybrid variety with a retail prices five times higher than normal seed but a claimed yield of over 1,000 kilogram paddy per rai, compared with average yields of about 300 to 400 kg per rai.

No comments: