Rice crisis : “Thailand’s rush to grow rice may drain water, cut future yields”

Thailand is the first exporter of rice in the world… But unfortunatly, interesting articles about rice are not published by the thai press… but rather by the western medias.

Kamolsak Thongta was working at a garage in northern Thailand when rice prices began to soar. So he quit his job, found a plot of unused land and became a farmer.

“With the price like this, I don’t think this is a risky business,” said Kamolsak, 46. “Rice gives good return.”

That rush to profit from the global rice shortage may cause long-term pain for Thailand and world markets.

Farmers trying to cash in now are depleting water supplies set aside for the dry season, which may curtail yields by as much as 75 percent later this year, said Prasert Gosalvitra, head of the government’s rice department. More intensive farming also may make paddies less productive in the future, knocking Thailand from its spot as the world’s biggest rice exporter, he said.

It is scary in the long term,” said Apichart Jongskul, secretary general of the national Office of Agricultural Economics. “There are impacts on natural resources like water and soil that should be taken into account.” (Bloomberg)

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Thailand Crisis

Coup, Economic slowdown, Terror In the South... The situation is worsening in Thailand. Bumpy road like often before.

But this time, it's different.

The key to understand the present turmoil is the inevitable... succession of King Bhumibol.

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