date:Jan 07, 2013
prices.
While it has raised the incomes of farmers, it has also turned the government into the main buyer of rice, and resulted in a giant stockpile that cannot find takers on the world market.
According to a World Bank report released last month, the Thai government is sitting on a stock of more than 20 million tonnes of rice, twice the amount the country exported in 2011.
The mountain of rice created storage headaches last year and the government even briefly considered storing it in a car