TPSO launches AI for rice price prediction

Khaosod•Economy•3h ago

Reader Briefing

The Trade Policy and Strategy Office is developing an AI-driven system called Klai Kep Kieo to forecast rice prices and manage agricultural stability.

•The Trade Policy and Strategy Office (TPSO) is launching the Klai Kep Kieo system to move from reactive to proactive agricultural management.
•The system integrates data from four ministries and various agencies to analyze rice production, prices, and market demand.
•An MOU between four ministries will be signed and the system will be launched on September 30, 2026.
•The AI will be used to identify high-value markets to increase trade opportunities and income for farmers.

Overview

•The Trade Policy and Strategy Office developed the Klai Kep Kieo agricultural price stability management system based on a request from Supajee Suthamphan.
•The Klai Kep Kieo system uses AI and data forecasting to identify risk areas and determine timely measures for agricultural products, starting with rice.
•The system aims to shift government work from following situations to seeing them in advance and managing data before problems occur.
•The system launch and the signing of an MOU between four ministries are scheduled for September 30, 2026.
•The system integrates satellite imagery from GISTDA, rice registration data from the Department of Agricultural Extension, and mill-gate prices from the Department of Internal Trade.
•The system incorporates consumer behavior data from the Department of International Trade Promotion and global rice trade data from the Department of Foreign Trade.
•The Trade Policy and Strategy Office will use AI to link supply and demand to identify high-value markets and increase farmers' income.

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Key Quotes

Nanthaphong Jiralertphong

"What is being done is not creating another Dashboard system, but changing the way of thinking in agricultural product management."

สิ่งที่กำลังทำ ไม่ใช่การสร้าง Dashboard ขึ้นมาอีกหนึ่งระบบ แต่เป็นการเปลี่ยนวิธีคิดในการบริหารสินค้าเกษตร

Key Entities

Organization

Trade Policy and Strategy Office(สนค.)

An agency under the Ministry of Commerce that developed the Klai Kep Kieo system.

Ministry of Commerce(กระทรวงพาณิชย์)ℹ️

One of the four ministries collaborating on the Klai Kep Kieo system.

Ministry of Agriculture and Cooperatives(กระทรวงเกษตรและสหกรณ์)

One of the four ministries collaborating on the Klai Kep Kieo system.

Ministry of Higher Education, Science, Research and Innovation(กระทรวงการอุดมศึกษา วิทยาศาสตร์ วิจัยและนวัตกรรม)ℹ️

One of the four ministries collaborating on the Klai Kep Kieo system.

Ministry of Digital Economy and Society(กระทรวงดิจิทัลเพื่อเศรษฐกิจและสังคม)ℹ️

One of the four ministries collaborating on the Klai Kep Kieo system.

GISTDAℹ️

An agency providing rice production forecasts via satellite imagery.

Department of Agricultural Extension(กรมส่งเสริมการเกษตร)ℹ️

An agency providing rice registration data.

Department of Internal Trade(กรมการค้าภายใน)

An agency providing rice purchase prices at mills.

Department of International Trade Promotion(กรมส่งเสริมการค้าระหว่างประเทศ)

An agency providing data on rice consumer behavior.

Department of Foreign Trade(กรมการค้าต่างประเทศ)

An agency providing data on the global rice trade market.

Person

Nanthaphong Jiralertphong(นันทพงษ์ จิระเลิศพงษ์)

Director of the Trade Policy and Strategy Office.

Supajee Suthamphan(ศุภจี สุธรรมพันธุ์)

Deputy Prime Minister and Minister of Commerce.

Policy

Klai Kep Kieo(ใกล้เก็บเกี่ยว)

An AI-driven agricultural price stability management system for forecasting rice prices and production.