After starting the guaranteed crop price project early this month, the government yesterday released the first list of recommended prices for rice, maize and cassava to be used as a reference by farmers.
"The regular announcement of the recommended prices for rice, maize and cassava will ensure that farmers get fair payment from millers and traders," Yanyong Phuangrach, acting permanent secretary of the Commerce Ministry, said yesterday.
All the recommended prices were lower than the government's guaranteed prices, as farm good prices have fallen in the market.
The list of recommended prices would come out every 15 days, on the first and 15th day of each month.
In case farmers receive less than the guaranteed income from selling their crops, the government would pay the farmers the difference between the guaranteed and recommended prices.
For October 1-15, the recommended price for jasmine paddy rice is Bt14, 986 a tonne, while the guarantee price is set at Bt15,300 a tonne. The recommended price of white paddy rice is Bt8,806 a tonne, while the guaranteed price is Bt10,000 a tonne.
The recommended price for Pathum paddy rice is Bt9,896 a tonne, while the guaranteed price is Bt9,896 a tonne. The recommended price for sticky paddy rice is Bt7,523 a tonne and the guaranteed price is Bt9,500 a tonne.
The recommended price for cassava is Bt1.40 a kilogram, while the guarantee price is Bt1.70. The recommended price of maize is Bt5.50 a kilogram and the guaranteed price is Bt7.10.
A ministry source said that although the government's guaranteed price programme is now in place, farmers have not yet participated in it as the recommended prices have just been announced.
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