17 Dec 2020
Agriculture
KResearch assesses that southern rubber and oil palm growers may lose approximately THB6.6 billion in income due to the impact of flooding from December 2020 to March 2021. A shortfall of around 0.58 million tons in both rubber and oil palm outputs is expected after floods have wrecked havoc on rubber and oil palm trees. ... Read more
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17 Jan 2020
Drought has arrived earlier than the previous year in 2020 and it is expected to be prolonged because water levels at dams across the country have declined 33.1 percent YoY. Such water levels are more critical than those seen during the severe drought reported in 2015.... Read more
10 May 2019
As drought is projected to last until July 2019 instead of the end of May forecasted before, based on low water levels in reservoirs, especially in the central and northeastern regions, and the delay in rainfalls during June-July 2019, it is expected that the second-season rice and sugarcane, which are being harvested at this time, will be the most affected. As a result, KResearch expects that rice and sugarcane prices will likely increase steadily during the drought period, although their average prices continue to contract in 2019. We also project that farm income, which is already low, will decline 2.1-2.4 percent YoY this year.... Read more
6 Mar 2019
Signs of drought in 2019 are imminent as the summer has come sooner and is expected to last longer than in previous years, affecting rainfall amounts and lowering water levels in the country’s major reservoirs. KResearch holds the view that this year’s drought could persist through the month of May. The central and northeastern regions are expected to be hardest hit because the drought may adversely affect off-season rice and sugarcane plantations, which are nearing harvest during this period. This will pose a threat to farm income and exacerbate the challenges facing farmers.... Read more
7 Oct 2011
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