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    Thai Agriculture Reels From Drought in Blow to Ailing Economy

    By Randy Thanthong-Knight https://www.bloomberg.com/asia
    February 14, 2020, 4:00 AM GMT+7

    • Rice, rubber, sugar hurt by worst drought in four decades
    • Rains forecast to be below normal in first half of wet season


    A villager walks around a dry Yom River in Phichit province, north of Bangkok, on Jan. 15. Photographer: Chaiwat Subprasom/SOPA Images/LightRocket via Getty Images

    Thailand is scaling back production forecasts for key agricultural commodities because of a drought
    Running Dry


    Thai exports of economic crops are expected to fall due to tighter supply

    The impact will be felt not just in agriculture but also in industry, according to Bank of Ayudhya Pcl, a Thai unit of Mitsubishi UFJ Financial Group
    Rice
    expects 7.5 million tons of exports in 2020, down from about 7.6 million tons a year earlier, when a strong baht hurt the competitiveness of Thai produce.

    Rubber
    fungus blight
    Sugar


    Sugar output may tumble roughly 30% to 9 million tons to 10 million tons, while cane output is forecast to fall below 90 million tons from about 130 million tons in the previous season, according to the Thai Sugar Millers Corp.
    Read More: Worst Thai Drought in 40 Years Is Hammering Sugar Production
    Last edited by harrymsmarkle; 02-14-2020, 07:39 AM.
    Majestically enthroned amid the vulgar herd

  • #2
    Dry season cycles.

    Expecting March-May to to be blistering once more.

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