Thai Government’s Tough Job: Selling Rice

Thai Government’s Tough Job: Selling Rice – WSJ, August 21, 2013
…Tuesday’s tender is the third offer by the Thai government to sell rice to traders. With a staggering amount of 17 million tons of rice sitting in its warehouses – a result of the subsidy program where the Thai government buys the grain from farmers at above-market prices – the Thai government is under growing pressure to sell its huge stockpiles…

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