Association president Wichian Halamjiak voiced strong support when Gen Prayuth Chan-ocha, head of the National Peace and Order Maintaining Council (NPOMC), Friday ordered the Finance Ministry to allocate a sum of around 80 billion baht to pay farmers within 15-20 days.
The junta head also advised that the money used would not be from money raised from the selling of rice as it was time consuming and not be in time for needy farmers who have to begin planting the new crop.
Mr Wichian said that he would like to suggest that the junta work out a practical measure to stabilise paddy rice price in the market which is now declining to 5,000-6,000 baht a ton, almost equivalent to the cost per rice which farmers have to spend in planting, thus risking heavy loss.
Besides the second crops are going to be harvested over the next 3-4 months, thus causing fear of oversupply of paddy this year.
If there is no measure to stabilise paddy price, price will fall further and farmers will expect more hardship.