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'Supachai' Won't Sign US Corn Deal, Says Rice Millers Chief

'Supachai' Won't Sign US Corn Deal, Says Rice Millers Chief

Khaosod•Politics•21d ago

Reader Briefing

Thai Rice Millers Association President expresses strong confidence that Commerce Minister Supachai Jitmala will not sign a corn purchase agreement with the United States, citing abundant domestic feed supplies and potential negative impacts on local agriculture.

  • •The President of the Thai Rice Millers Association believes Commerce Minister Supachai Jitmala will not sign a US corn purchase deal.
  • •Concerns are raised about the potential negative impact on domestic agricultural prices and by-products like rice bran.
  • •The Minister's knowledge and past experience are cited as reasons for confidence.
  • •Recent US tax refund decisions in other countries are mentioned as a related factor.

Overview

  • •The President of the Thai Rice Millers Association stated confidence that Minister Supachai will not sign a US corn purchase contract, due to the Minister's perceived knowledge and capability.
  • •The article addresses news suggesting Commerce Minister Supachai Jitmala signed a corn purchase agreement from the USA.
  • •Thailand has a significant supply of animal feed products, with import of substitute goods reaching nearly 18 million tons in the past two years.
  • •Importing US corn would depress prices for paddy field agricultural products, including by-products such as rice bran and broken rice.
  • •Rice bran prices dropped to 6 Baht per kilogram (6,000 Baht per ton) in November of the past year, resulting in financial strain.
  • •The US has decided to cancel taxes and refund over 5 million USD to operators in several countries, a decision viewed as relevant.
  • •The President of the Thai Rice Millers Association believes the Minister would not follow guidance from certain groups, reinforcing confidence in the Minister's independent judgment.
  • •The Rice Millers Association awaits clear facts regarding the news while maintaining faith in the Minister's capabilities.

Full article content is available on the original source.

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Key Quotes

Banjong Tangjittiwattanakul
"Confident the Commerce Minister is knowledgeable and capable, especially with extensive management experience. Believes it's unlikely as the minister likely knows Thailand has abundant animal feed."
เชื่อได้ว่าท่านรัฐมนตรีพาณิชย์มีความรู้ความสามารถ โดยเฉพาะเรื่องการผ่านการบริหารงานในหลาย ๆ ด้าน คิดว่าไม่น่ามีโอกาสเป็นไปได้ เพราะท่านคงทราบและรู้อยู่แล้วว่าสินค้าอาหารสัตว์ในประเทศไทยค่อนข้างมีเยอะ
Banjong Tangjittiwattanakul
"If US corn is imported, it will depress prices of paddy field agricultural products, including by-products like rice bran and broken rice, causing price drops."
หากมีการนำข้าวโพดของสหรัฐเข้ามาอีก จะทำให้กดทับราคาจนพืชผลทางการเกษตรในระบบข้าวเปลือก ซึ่งมีโปรดักส์ร่วม เช่นรำข้าวปลายข้าวจะเกิดราคาตกลง
Banjong Tangjittiwattanakul
"This is crucial for my confidence that the minister will not follow the past government's path, as the US has already decided to cancel taxes and refund operators in many countries up to $5 million."
นี่จึงเป็นส่วนสำคัญยิ่งที่ทำให้ตนเชื่อมั่น ว่าถ้ารัฐมนตรีคงไม่ไปสืบเชื้อสายต่อจากรัฐบาลที่ผ่านมาเพราะสหรัฐก็ตัดสินแล้วให้มีการยกเลิกระบบภาษี และคืนเงินให้แก่ผู้ประกอบการในหลายประเทศถึง 5 ล้านเหรียญสหรัฐ

Key Entities

Person

President of the Thai Rice Millers Association(นายกสมาคมโรงสีข้าวไทย)
The publicly identified leader of the organization representing rice millers in Thailand, who provided commentary on a potential corn import deal.
Supachai Jitmala(ศุภจี สุธรรมพันธุ์)
The Minister of Commerce of Thailand, whose decision regarding a corn purchase agreement from the USA is the central focus of the news.

Organization

Thai Rice Millers Association(สมาคมโรงสีข้าวไทย)
The industry association representing rice millers in Thailand, whose president expressed views on agricultural policy.
Ministry of Commerce(กระทรวงพาณิชย์)
The government ministry headed by Minister Supachai Jitmala, responsible for trade and economic policy, including agricultural imports.

Place

United States of America(สหรัฐอเมริกา)ℹ️
The country from which a potential corn purchase agreement was discussed, and which has implemented tax refunds for operators.
Thailand(ประเทศไทย)ℹ️
The nation where the Thai Rice Millers Association is based and where the Minister of Commerce operates, discussing agricultural trade policies.