Model Boat Mayhem

Please login or register.

Login with username, password and session length.
Pages: [1]   Go Down

Author Topic: Rice Production ......to make Fly Li  (Read 870 times)

derekwarner

  • Full Mayhemer
  • *****
  • Offline Offline
  • Posts: 8,486
  • Location: Wollongong Australia
Rice Production ......to make Fly Li
« on: November 24, 2014, 11:09:39 pm »

 :(( Dear GAZOU.........no China cannot export rice.........they need to import it   to make a lot of fried rice.....YUMMO  O0

courtesy of the WEB........25.11.2014 "Thailand has reclaimed its position as the world’s number one rice exporter despite of its political turmoil. It lost that title two years ago after holding it for three decades. New figures show Thailand has regained the crown but at a cost.

Rice is big business in Thailand and is at the center of its political woes. For almost 30 years, Thailand was the world’s number one exporter. But two years ago it lost the title.

An over-generous subsidy for farmers saw the price soar on world markets to around 590 US dollars a tonne. Countries stopped buying Thai rice. It fell to third in the export league"

They have 11,000,000 tonnes in stockpile .... %) and @ US$590 per tonne is $6,490,000,000 & that would make a lot of fried rice  {-)

.... Derek
Logged
Derek Warner

Honorary Secretary
Illawarra Live Steamers Co-op
Australia
www.ils.org.au

NFMike

  • Full Mayhemer
  • *****
  • Offline Offline
  • Posts: 1,061
  • Location: Hythe, Hants, UK
    • Plague Marine Services
Re: Rice Production ......to make Fly Li
« Reply #1 on: November 24, 2014, 11:28:16 pm »

An over-generous subsidy for farmers saw the price soar on world markets to around 590 US dollars a tonne. Countries stopped buying Thai rice.

Eh?  {:-{  If the farmers were getting a big subsidy the price should drop, not rise. (We know about this in the EU  :-)  )

Brian60

  • Full Mayhemer
  • *****
  • Offline Offline
  • Posts: 3,316
  • Location: Hull,UK-but currently residing in Los Martinez, Spain.
Re: Rice Production ......to make Fly Li
« Reply #2 on: November 25, 2014, 08:18:12 am »

Eh?  {:-{  If the farmers were getting a big subsidy the price should drop, not rise. (We know about this in the EU  :-)  )

I think what they mean is that the government pays over the odds for the rice to the farmers. This leaving the government with no option but to sell it at an inflated price to recoup their outlay.

vnkiwi

  • Full Mayhemer
  • *****
  • Offline Offline
  • Posts: 1,600
  • Location: SE Asia
Re: Rice Production ......to make Fly Li
« Reply #3 on: November 25, 2014, 08:22:48 am »

And Thailand buy rice in bulk from Vietnam, repack and sell it on as their own.
Funny that!!
Logged
If it ain't broke. Don't fix it !
Pages: [1]   Go Up