November 30, 2020 – Advisor to the Minister of Commerce Mallik Boonmitrakul Mahasuk revealed that the government’s resolution of August 18, 2020 approved the continuation of the second year of the cassava income insurance program. The budget budget of 9.788 million baht, with cassava farmers benefiting from 5.24 thousand. The farm income insurance program is continued in the second year of which Mr. Jurin Laksanawisit, leader of the Democratic Party, Deputy Prime Minister and Minister of Trade, announced this policy by parliament from July 25, 2019. Since joining the government with this condition, aid to agriculture
Ms Mallika said Mr Churin had a problem informing farmers because she was concerned about access to information. Iam, Deputy Director General, Acting Director General of the Domestic Trade Department As Chairman of the Subcommittee on Supervision and Central Criteria for Cassava Growers Income Insurance Scheme Agreed to set the average reference price and compensation for cassava farmers for 2020/64, first installment, first installment of Cassava Income Insurance Scheme, Year 2, by making up the difference for farmers. Which is registered with the Department of Agricultural Expansion and specifies a planting date from April 1, 2020, and specifies an expected harvest date before December 1, 2020 at a price of 0.26 baht per kilogram, which is the difference to the target price. The income guarantee is 2.50 baht per kilogram, with the market price of fresh cassava root, 25% starch, the current average is 2.24 baht per kg, so the difference is 26 satangs.
The advisor of the Minister of Commerce informed that the payment of the government difference will be paid every 1st day of the month for 12 months, the first payment will be made on December 1, 2020, for which Bank Rolnictwa and Agricultural Cooperatives. The amount is paid directly to the farmer’s account, where one farmer can use the right one at a time and calculate the yield that will be compensated. Has been using per rai production for 3 years (2017/61, 2018/19 and 2019/20) of the Office of Agricultural Economics, the Ministry of Agriculture and Cooperatives will receive 3,419 kg per rai when multiplied by the number of rai registered by farmers, but income insurance payments cannot exceed 100 tonnes per household.
“The average reference price is currently 2.24 baht per kilogram. But the government is providing income at a target price of 2.50 baht per kilogram, forcing farmers to make up the difference to 0.26 baht per kilogram. The government guarantees an income of no more than 100 tons per household or 100,000 kilograms, so the cassava farmers who harvest this edge are farmers who set the planting date from April 1, 2020, and are due to harvest before December 1, 2020. Will be paid on December 1 , it will receive compensation of up to 26,000 baht, in case of doubt, it is coordinated by each provincial trade office or Department of Internal Trade. Ministry of Trade We would therefore like to inform them generally, ”said Ms Mallika.