Friday, September 07, 2012

Thailand’s Growing Rice Predicament


The dimensions of Thailand’s rice dilemma started to come clear earlier this week 

when the government put 763,856 metric ton of rice on the market at an average 

of US $547 per ton, but sold less than a third of what it put up for auction—just 

232,000 tons. What started as an economic miscue looks increasingly like 



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