18th may,2015 daily global rice e newsletter by riceplus magazine

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Daily Global Rice E-Newsletter Daily Global Rice e-Newsletter www.ricepluss.com www.riceplusmagazine.blogspot.com

May 18 ,2015 Vol 5,Issue V

Thailand to sell stockpiled rice BANGKOK, May 18, 2015:

Thailand‘s military government plans to sell two million tonnes of rice over the next two months from stockpiles built up under the previous administration‘s failed buying programme, the Commerce Ministry said today. Thailand was the world‘s top rice exporter for decades until its grain became uncompetitive under the buying scheme brought in from 2011 by ousted Prime Minister Yingluck Shinawatra, which paid farmers above market rates for their crops.

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