Cooperatives to get 55.9bn baht for 2026/70 rice stability

Prachachat•Economy•36m ago

Reader Briefing

The Department of Cooperative Promotion is coordinating with BAAC to disburse 55.928 billion baht in loans to maintain paddy rice price stability for the 2026/70 production year.

•The budget consists of 15,000 million baht for rice collection and value addition and 40,928 million baht for delaying paddy rice sales.
•The Cabinet approved the price stability measures on October 20, 2026.
•Funds are expected to reach cooperatives and farmer members within the coming week.
•A 428 million baht emergency fund from the Cooperative Development Fund is also available at 1% interest.

Overview

•The Cabinet approved the paddy rice price stability measures for the 2026/70 production year on October 20, 2026.
•The Department of Cooperative Promotion is coordinating with the Bank for Agriculture and Agricultural Cooperatives (BAAC) to disburse loans under two projects.
•The loan for rice collection and value addition has a 15,000 million baht limit with a target of 1.5 million tons of rice.
•The loan for delaying the sale of paddy rice has a total limit of 40,928 million baht with a target of 3 million tons.
•The BAAC General Manager confirmed that funds from both projects will be distributed within next week after board approval.
•The Department of Cooperative Promotion prepared 428 million baht from the Cooperative Development Fund as working capital for cooperatives waiting for main project funds.
•For the 2026/70 production year, 403 cooperatives and farmer groups across 54 provinces have rice collection plans.
•Loan pricing for the measures is set at 13,000 baht per ton for Jasmine rice and 6,500 baht per ton for white rice.

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Key Entities

Organization

Department of Cooperative Promotion(กรมส่งเสริมสหกรณ์)

The government agency coordinating rice price stability loans and managing the Cooperative Development Fund.

Bank for Agriculture and Agricultural Cooperatives(ธ.ก.ส.)

The financial institution responsible for disbursing the rice collection and delayed sale loans.

Cabinet(คณะรัฐมนตรี)

The government body that approved the rice price stability measures on October 20, 2026.

Cooperative Development Fund(กองทุนพัฒนาสหกรณ์)

A fund providing emergency working capital of 428 million baht to cooperatives.

BAAC Customer Marketing Agricultural Cooperative Si Sa Ket Co., Ltd.(สหกรณ์การเกษตรเพื่อการตลาดลูกค้า ธ.ก.ส.ศรีสะเกษ จำกัด)

A cooperative participating in both rice collection and delayed sale projects with a target of 3,500 tons per project.

Person

Niran Moontida(นิรันดร์ มูลธิดา)

The Director General of the Department of Cooperative Promotion.

Thaworn Dee-arun(ถาวร ดีอรุณ)

The Manager of the BAAC Customer Marketing Agricultural Cooperative Si Sa Ket Co., Ltd.

Place

Si Sa Ket(ศรีสะเกษ)ℹ️

The province where the BAAC Customer Marketing Agricultural Cooperative Si Sa Ket Co., Ltd. is located.

Policy

Paddy Rice Price Stability Measures for Production Year 2026/70(มาตรการรักษาเสถียรภาพราคาข้าวเปลือก ปีการผลิต 2569/70)

The government policy to maintain rice prices through collection and delayed sale loans.