Rice Fertilizer Program Approved

As reported on 26 June in the Bangkok Post, the Government has approved a budget of 29.9 billion Baht (USD $808 million) to reduce the cost of chemical and organic fertilizer for rice farmers.  There are 8 fertilizer formulas included in the program including:  Urea, 20-8-20, 16-20-0, and 16-8-8. 

The program is targeted for the major or first rice crop grown in the third and fourth quarters.  According to the Office of Agriculture (OAE) economics, Thailand harvests approximately 9.5 million hectares of land for the major rice crop with an average fertilizer application of 250-500kg per hectare.

Thailand consistently ranks as one of the top 5 rice exporters in the world and the government expects the program to increase this season’s rice production.

https://www.bangkokpost.com/business/general/2817700/cabinet-allocates-b29-9bn-for-fertiliser-scheme