The cabinet has approved a budget of 1.68 billion baht to reduce rice output from the second crop by 1.95 million rai. Mr Luck said the latest survey showed farmers, encouraged by more water supply, wanted to grow 13.6 million rai of rice in the second crop, up from 11.6 million rai in the previous poll. The cabinet on Nov 21 approved a budget of 1.9 billion baht for the same purpose, targeting to cut the output by 1.05 million rai. For rubber, Agriculture Minister Grisada Boonrach said the cabinet approved three measures proposed by the ministry to shore up prices. Also on Tuesday, the cabinet approved a tax break for donor companies to “Pracha Rath” project, said Nathporn Chatusripitak, spokesman to Deputy Prime Minister Somkid Jatusripitak.

Source: Bangkok Post December 12, 2017 13:34 UTC