23 Jul 2019
Agriculture
The off-season drought situation in 2019 (May-July 2019) has caused extensive damage. The influence of a mild El Nino condition has resulted in lower than normal rainfall. The amount of water in the dams remains low, adversely affecting main agricultural products such as in-season rice that farmers have already planted. Hence, the rice price is moving up, pushing the average price of rice output in 1H19 higher by 6.4 percent YoY. Nonetheless, the damage caused by lower major-season rice output this year poses challenges to the overall farm income outlook.... Read more
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10 Jan 2019
In 2019, KResearch views that the government’s agricultural assistance policies will be crucial for the farm sector. The government’s ongoing farm support measures which follow up on the projects implemented in the previous year, especially the short-term ones, including direct subsidy and income support for farmers will be key factors to stabilize farm prices in 2019 and shore up farm income. Hence, farm income in 2019 is likely to remain close to the level in 2018 as it is expected to contract slightly by 0.4-0.8 percent, mainly due to a slump in prices.... Read more
15 Feb 2018
KResearch views that the price trends seen in major agricultural produce are already showing a mixed picture in 2018. Some produce are projected to gain higher prices, e.g., rice and cassava, which should return to price gains after less appealing prices in 2017, increasing 2.0 and 21.4 percent YoY this year, respectively, due to higher demand. ... Read more
6 Oct 2017
Aerial drones for agriculture could be an interesting option as an agricultural tool that offers high precision. They are now becoming very... Read more