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Thailand Wagers on Rising Rice Prices

Wall Street Journal Original article ›

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The Thai government of prime minister Yingluck Shinawatra has committed to buy unmilled rice from farmers at 15,000 baht or about $500 a ton for the harvest in 2011. This is pushing up world rice prices.

Thailand's rice policies and world rice prices

09/12/2011

Thailand is the world's larges exporter of rice. The Thai government's policy of buying rice from farmers at higher prices in 2011 is pushing up world rice prices.

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