Thailand Agribusiness Industry Update Quarter 4 2011

$ 1 088 - August 2012 - by Business Monitor International - 84

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BMI View: Thailand will maintain its status of key Asian agricultural provider in the coming years.
However, the government's interference in the market, especially in the rice sector, will hinder the
competitiveness of Thai's production compared to its Asian rivals. Although rice farmers will directly
gain from the rice guarantee buyback-programme, we are uncertain about the long-term effectiveness of
these policies in enhancing Thai food-producing efficiency as well as boosting the country's export
competitiveness. In the livestock sector, the lift of the EU's eight-year ban on raw Thai poultry imports
should support production and help the sector against Brazil's fierce competition.

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