Economics
Thai Agriculture Reels From Drought in Blow to Ailing Economy
- Rice, rubber, sugar hurt by worst drought in four decades
- Rains forecast to be below normal in first half of wet season
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Thailand is scaling back production forecasts for key agricultural commodities because of a drought, dealing a further blow to the country’s struggling economy.
Rice, rubber and sugar are among the crops that help to sustain 11 million jobs, drive consumption and color the political mood of the rural population. But farmers are now grappling with the worst drought in four decades.