What is the most profitable crop to grow in Thailand?

What is the most profitable crop to grow in Thailand?

Rice is the country’s most important crop, with some 60 percent of Thailand’s 13 million farmers growing it on fully half of Thailand’s cultivated land. Thailand is a major exporter in the world rice market. Rice exports in 2014 amounted to 1.3 percent of GDP.

How is rice cultivated in Thailand?

Each morning, farmers go into the fields with sickles to harvest their crop. The cut rice is spread on the fields to dry for several days before being bundled into sheaves and taken to the family compound where it is threshed, and may then be milled.

How do I start a commercial rice farm?

Rice cultivation or farming requires simple but delicate steps, which if effectively put into practice, will help increase yield and profit.

1. Adequate Land Selection.
2. Soil Type is a Factor.
3. Land Preparation.
4. Know the Right Time for Planting.
5. Seed Quality.
6. Crop Establishment or Planting.
7. Rice Farm Management.
8. Harvesting.

Where rice is grown in Thailand?

Rice is grown in all provinces of the country (more than 58 provinces). More than 50 percent of the total rice areas are in the northeast, but the Central Plains is known as the “rice bowl” of Thailand.

How many tons of rice does the Thailand produce?

In 2019, the production volume of rice in Thailand was round 24 million tons. Such value was forecasted to be around 25 million tons in 2020. In that same year, the yield of rice per rai in the country was also forecasted to be 445 kilograms.

What is the average farm size in Thailand?

4.04 hectares
This phenomenon of gradual decline in average farm size has been found in every region of Thailand. There are 5.9 million farms with an average farm size of 4.04 hectares (or 25.26 rais).

How much rice does Thailand produce?

Thailand is the sixth largest rice-producing country in the world, with a total rice production of 32.2 Mt in 2018 (FAOSTAT, 2020). Major rice growing areas are located in the north, central, and northeast regions, accounting for a respective 20%, 24%, and 50% of the national rice area (GRiSP, 2013; USDA, 2015).

How many sorts of rice are there in Thailand?

Type of Rice Rice from Thailand is the long grain, which exceeds 7 mm in length. Thai long grain rice also distinguished into two different textural types, regular and glutinous rice.

How profitable is rice farming?

All rice areas achieved positive net returns in 2018, averaging $131 per acre. Consistent positive returns from rice suggest that rice farming is likely to remain viable in the future despite rising costs and only slight expected-price increases.

What climate is best for rice farming?

hot and humid climate
Rice crop needs a hot and humid climate. It is best suited to regions which have high humidity, prolonged sunshine and an assured supply of water.