Rice Supply Faces New Threat as Thailand Urges Crop Curbs

  • Government encourages the switch to other crops to save water
  • Grain prices surged after India banned some exports last month
Why Rice Prices Are Soaring in Asia
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Thailand has urged farmers to reduce their rice planting to save water following poor rainfall, a move that poses a fresh threat to global supply after India banned some shipments of the grain.

Farmers in the key central region have already planted most of their rice but the government is encouraging a switch to other crops that need less water, according to a statement from Surasri Kidtimonton, the secretary-general of the Office of the National Water Resources.