DESPAIR: A rice farmer in Ayutthayas Bang Sai district takes a break from her routine work in the fields. Like most other farmers, she is in a financial predicament due to farm debts. (Photo by Pattanapong Hirunard)
The farm sector has been a driving engine behind the countrys economic growth, but at the same time, debt among farmers keeps rising.
The main farm product is rice. Last year, the value of rice traded was 174.5 billion baht, which is around 12.89% of all farming product.
So, rice farmers should be wealthy as a consequence.
But the uncertainties in farming — unmerciful weather, droughts and floods, fluctuating prices and rising costs — enslave rice farmers to debts.
The government has offered help, …
Read the full article at: https://www.bangkokpost.com/news/special-reports/1569802/finding-ways-to-beat-farm-debt