Thai agricultural prices rise in Nov 2026

MGR Online•Economy•1h ago

Reader Briefing

The Ministry of Commerce reports that agricultural product prices in November 2026 increased significantly compared to the previous year, exceeding production costs.

•Paddy rice prices in November 2026 rose between 9% and 55% compared to November 2025.
•Cassava, animal feed maize, and palm oil prices also saw increases of 65.14%, 36.95%, and 16.23% respectively.
•Kornit Nonchui stated that selling prices for all listed agricultural products now exceed production costs.
•The Ministry of Commerce has implemented proactive management policies under Deputy Prime Minister Supajee Suthamphan.

Overview

•Paddy rice prices in November 2026 increased by 9-55% compared to November 2025, while production costs rose by approximately 8-10%.
•Pathum Thani rice saw the highest increase, rising from 8,073 to 12,550 baht per ton, a difference of 4,477 baht per ton.
•Cassava prices rose from 2.18 baht per kg in November 2025 to 3.60 baht per kg in November 2026.
•The Ministry of Commerce is pushing rice exports and seeking additional markets to support upcoming harvests.
•The Cassava Policy and Management Committee, chaired by Supajee Suthamphan, will meet on November 13 to consider management measures.
•For animal feed maize, the government has implemented interest compensation for stocks, absorption through the Public Warehouse Organization, and credit for gathering produce.
•Palm oil management involves setting purchase prices and monitoring the balance between production and demand for consumption, biodiesel, and export.

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Key Quotes

Kornit Nonchui

"The Ministry of Commerce will continue to work with all relevant agencies to link production, processing, and marketing consistently."

กระทรวงพาณิชย์จะเดินหน้าทำงานร่วมกับหน่วยงานที่เกี่ยวข้องทุกหน่วยงาน เพื่อเชื่อมโยงการผลิต การแปรรูป และการตลาดให้สอดคล้องกัน

Key Entities

Organization

Ministry of Commerce(กระทรวงพาณิชย์)ℹ️

The government agency responsible for tracking agricultural prices and managing market stability.

Ministry of Agriculture and Cooperatives(กระทรวงเกษตรและสหกรณ์)

The agency requested by the Ministry of Commerce to help manage production costs and yield per rai.

Cassava Policy and Management Committee(คณะกรรมการนโยบายและบริหารจัดการมันสำปะหลัง (นบมส.))

A committee chaired by Supajee Suthamphan that manages cassava product measures.

Public Warehouse Organization(องค์การคลังสินค้า (อคส.))

An organization used as a channel for the absorption of animal feed maize produce.

Department of Internal Trade(กรมการค้าภายใน)

The department responsible for supervising the purchase prices of animal feed maize.

Person

Kornit Nonchui(กรนิจ โนนจุ้ย)

Inspector General and spokesperson of the Ministry of Commerce.

Supajee Suthamphan(ศุภจี สุธรรมพันธุ์)

Deputy Prime Minister and Minister of Commerce who chairs the Cassava Policy and Management Committee.