Farmers of casava, rubber, corn get Bt14bn price guarantee schemes
The Cabinet today approved price guarantee schemes for casava, rubber and corn-feed farmers with a total budget of Bt14.106 billion.
Of the total, Bt2.4 billion will be added to the Bt24-billion price guarantee scheme for rubber farmers approved last October. The government’s Bank for Agriculture and Agricultural Cooperatives will finance the scheme in advance.
Another Bt1.913 billion of the total budget will fund a price guarantee for maize planters this year and next year.
The remaining Bt9.78 billion will pay for price guarantees for casava planters, covering a total 530,000 households nationwide.
