Thai agricultural prices rise; Pathum rice surges 55%

Prachachat•Economy•48m ago

Reader Briefing

The Ministry of Commerce reports that agricultural prices for rice, cassava, maize, and palm oil in November 2026 have increased and are now selling above production costs.

•Agricultural prices in November 2026 rose compared to the same period last year, with Pathum Thani rice increasing by 55.46%.
•Farmers are now able to sell all listed types of rice, cassava, maize, and palm oil at prices higher than production costs.
•The Ministry of Commerce is implementing stability measures for new seasonal harvests including loan programs and stock incentives.
•In Chiang Rai, 71% of the rice harvest has entered the market with prices remaining higher than the previous year.

Overview

•Pathum Thani rice prices increased from 8,073 baht to 12,550 baht per ton, a rise of 55.46%, according to Mr. Kornij Nonchui.
•Cassava prices rose 65.14% to 3.60 baht per kg, animal feed maize rose 36.95% to 9.08 baht per kg, and palm oil rose 16.23% to 7.95 baht per kg.
•Mr. Kornij Nonchui stated the Ministry of Commerce aims to shift from short-term problem solving to proactive management from upstream to downstream.
•The Cassava Policy and Management Committee is scheduled to meet on November 13 to consider measures such as collection loans and harvest delays.
•The Ministry of Commerce has prepared measures for rice including sale delays, collection loans, and mill interest compensation.
•On November 13, 2026, Lieutenant Jakra Yodmanee visited Chiang Rai and reported that 602,344 tons of rice (71%) had entered the market.
•In Chiang Rai, rice prices are approximately 11-34% higher than the previous year despite higher production volumes.
•The Chiang Rai Provincial Commerce Office will coordinate with agricultural agencies to develop rice varieties that meet market demand.

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Source: Prachachat (Original)

Key Entities

Organization

Ministry of Commerce(กระทรวงพาณิชย์)ℹ️

The government ministry reporting agricultural price increases and implementing price stability measures.

Ministry of Agriculture and Cooperatives(กระทรวงเกษตรและสหกรณ์)

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

Cassava Policy and Management Committee(คณะกรรมการนโยบายและบริหารจัดการมันสำปะหลัง)

The committee chaired by Mrs. Supajee Suthamphan responsible for considering cassava management measures.

Public Warehouse Organization(องค์การคลังสินค้า)

The organization through which animal feed maize production is absorbed.

Jet Jamnong Rice Mill(โรงสีเจตน์จำนงค์)

A rice mill in Wiang Chai District found to have standard moisture meters and weighing scales.

Provincial Commerce Office(สำนักงานพาณิชย์จังหวัด)

The office tasked with coordinating with agricultural agencies to develop rice varieties.

Person

Mr. Kornij Nonchui(นายกรนิจ โนนจุ้ย)

Inspector General and Spokesperson of the Ministry of Commerce.

Mrs. Supajee Suthamphan(นางศุภจี สุธรรมพันธุ์)

Deputy Prime Minister and Minister of Commerce who serves as chair of the Cassava Policy and Management Committee.

Lieutenant Jakra Yodmanee(ร้อยตรี จักรา ยอดมณี)

Deputy Permanent Secretary of the Ministry of Commerce who inspected rice production in Chiang Rai.

Place

Chiang Rai Province(จังหวัดเชียงราย)ℹ️

The location where 71% of the rice harvest has entered the market and where GI rice is produced.

Wiang Chai District(อำเภอเวียงชัย)ℹ️

The district in Chiang Rai where Jet Jamnong Rice Mill is located.

Policy

Exquisite Rice Project 2026(โครงการข้าวประณีต ปี 2569)

A project promoting 9 groups of farmers in Chiang Rai to increase the value and price of their produce.