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Thailand has reduced the export of wheat
The Thai government decided on the reduction of cereal imports due to falling domestic prices for the products
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Association of animal feed manufacturers, Thailand agreed to reduce the import of wheat in 2016. prior to last year's volumes. This decision is due to the concern of the authorities of the country drop in domestic prices for domestic crops. The decision of processors made under pressure from the Ministry of Commerce. According to the AGN. "Grain It-a Line" with reference to the newspaper The Nation.

Internally agreeing with the government, refiners, however, do not believe that the main reason for the falling prices in the domestic market are the magnitude of import. The Association calls the main factors of the decline in world grain prices and low demand from China. Since last year, China significantly reduced imports of Thai maize and tapioca, relying more on their own production.

According to the Association of millers of Thailand, the import of wheat in the country increased from 0,59 million tons in 2014. to 3.47 million tons in 2015. For 8 months of 2016. Thailand has already imported 1.92 million tons of wheat.

Farmers meanwhile, the price drop just blame the import of wheat and the government, which abolished import duties. Processors speak about the shortage of raw materials for feed production in the country. Annually for these purposes in foreign markets purchased about 18,63 tons of raw materials. Demand from industry is growing at approximately 7.2%, while grain production in the country only 1%. Only one corn Thailand requires 7.8 million tons, domestic production does not give more than 5 million tons.



Translated by service "Yandex.Translation"
Источники: Зерно Он-Лайн
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