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El Niño could reduce Thailand’s rice output by up to 6 percent this year

El Niño could reduce Thailand’s rice output by up to 6 percent this year

13 Sept 23:47 Key points summarised by AI
  • El Niño is projected to reduce Thailand's rice output by up to 6% this year, with potential for further drops and impacts on next year's crops if drought conditions persist and reservoir levels decline.
  • Despite official warnings to suspend second crop cultivation due to water shortages, many farmers are motivated by attractive export prices and high global demand for Thai rice.
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Economy 1/1
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