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, While the prices of white rice, glutinous rice , fodder corn , raw film and pork showed a downward trend .
The results of the forecast of the price trend of major agricultural products in October 2021 by the Research Center of the Bank of Agriculture and Cooperatives of Thailand show that the prices are on the rise:
1.
The price of jasmine rice is between 10035 baht and 10090 baht per ton, an increase of 2.
45-3.
01% from the previous month.
This is due to the loosening of blockade measures in high-risk areas, and department stores and restaurants have resumed operations.
The demand for fragrant rice has increased
.
The price of jasmine rice is between 10035 baht and 10090 baht per ton, an increase of 2.
45-3.
01% from the previous month.
This is due to the loosening of blockade measures in high-risk areas, and department stores and restaurants have resumed operations.
The demand for fragrant rice has increased
.
2.
The price of raw sugar in the New York market was 19.
31-19.
49 cents per pound (approximately 13.
98-14.
11 baht per kilogram), an increase of 0.
70-1.
60% from the previous month, mainly due to the upward trend of crude oil prices in October, which affected the price of ethanol.
It has a positive impact and at the same time encourages Brazilian sugar mills to increase sugar cane production and reduce sugar production
.
Coupled with the drought and high temperature in Brazil, sugarcane production has declined
.
There are still uncertain factors in India’s sugar export.
If the World Trade Organization (WTO) rules that India’s sugar export subsidy policy violates WTO regulations, it will affect India’s sugar exports and lead to a decline in global sugar production
.
The price of raw sugar in the New York market was 19.
31-19.
49 cents per pound (approximately 13.
98-14.
11 baht per kilogram), an increase of 0.
70-1.
60% from the previous month, mainly due to the upward trend of crude oil prices in October, which affected the price of ethanol.
It has a positive impact and at the same time encourages Brazilian sugar mills to increase sugar cane production and reduce sugar production
.
Coupled with the drought and high temperature in Brazil, sugarcane production has declined
.
There are still uncertain factors in India’s sugar export.
If the World Trade Organization (WTO) rules that India’s sugar export subsidy policy violates WTO regulations, it will affect India’s sugar exports and lead to a decline in global sugar production
.
3.
The price of cassava is 2.
13-2.
18 baht per kilogram, an increase of 0.
47-2.
83% from the previous month.
Because it is at the beginning of the 2021/2022 cassava season, the number of cassava on the market is limited and not enough to meet the market demand, October 2021 Most of the cassava on the market is sent to the cassava starch factory
.
The price of cassava is 2.
13-2.
18 baht per kilogram, an increase of 0.
47-2.
83% from the previous month.
Because it is at the beginning of the 2021/2022 cassava season, the number of cassava on the market is limited and not enough to meet the market demand, October 2021 Most of the cassava on the market is sent to the cassava starch factory
.
4.
The price of palm oil was 7.
46-7.
58 baht per kilogram, an increase of 3.
81-5.
44% from the previous month.
The reason was that global vegetable oil stocks were reduced due to tropical storms and pests in major producing countries.
The epidemic made the world's second largest palm oil production Malaysia is facing a shortage of foreign labor, which has led to a shortage of labor for harvesting agricultural products
.
The price of palm oil was 7.
46-7.
58 baht per kilogram, an increase of 3.
81-5.
44% from the previous month.
The reason was that global vegetable oil stocks were reduced due to tropical storms and pests in major producing countries.
The epidemic made the world's second largest palm oil production Malaysia is facing a shortage of foreign labor, which has led to a shortage of labor for harvesting agricultural products
.
5.
The price of Penaeus vannamei is between 124.
77-126.
08 baht per kilogram, an increase of 1.
40-2.
50% from the previous month.
The reason is that the lockdown measures were loosened in October 2021, the restaurant resumed normal business, and the domestic vaccination rate increased.
Increased confidence in eating out and driving increased demand for shrimp consumption
.
It is expected that shrimp exports in October may increase due to the weakening of the Thai baht and the increase in the competitiveness of Thai shrimp
.
However, the Nine Emperor Gods Festival in October may be a factor causing the decline in shrimp prices
.
The price of Penaeus vannamei is between 124.
77-126.
08 baht per kilogram, an increase of 1.
40-2.
50% from the previous month.
The reason is that the lockdown measures were loosened in October 2021, the restaurant resumed normal business, and the domestic vaccination rate increased.
Increased confidence in eating out and driving increased demand for shrimp consumption
.
It is expected that shrimp exports in October may increase due to the weakening of the Thai baht and the increase in the competitiveness of Thai shrimp
.
However, the Nine Emperor Gods Festival in October may be a factor causing the decline in shrimp prices
.
6.
The price of beef is between 95.
50-96.
00 baht per kilogram, an increase of 0.
40-0.
93% from the previous month.
The loosening of epidemic control measures has allowed more industries to resume services, and beef consumption demand is expected to increase
.
However, October coincides with the Nine Emperor Gods Festival, which may affect the demand for beef, thus impacting the sales price of live cattle for farmers
.
The price of beef is between 95.
50-96.
00 baht per kilogram, an increase of 0.
40-0.
93% from the previous month.
The loosening of epidemic control measures has allowed more industries to resume services, and beef consumption demand is expected to increase
.
However, October coincides with the Nine Emperor Gods Festival, which may affect the demand for beef, thus impacting the sales price of live cattle for farmers
.
The agricultural products whose prices are on a downward trend are: 1.
Rice and rice with a humidity of 15%.
The price is between 7,350-7430 baht per ton, a decrease of 0.
10-1.
17% from the previous month.
This is due to the strict control measures for Vietnamese rice during the epidemic.
As a result, there is a labor shortage in rice cultivation, so the global market tends to decline, which affects the price of rice in Thailand
.
Rice and rice with a humidity of 15%.
The price is between 7,350-7430 baht per ton, a decrease of 0.
10-1.
17% from the previous month.
This is due to the strict control measures for Vietnamese rice during the epidemic.
As a result, there is a labor shortage in rice cultivation, so the global market tends to decline, which affects the price of rice in Thailand
.
2.
The price of long-grain glutinous rice is between 8010-8204 baht per ton, down 0.
71-3.
07% from the previous month, mainly due to the increase in rainfall in the northeast area affected by Typhoon Gongmori, which is the main producing area of glutinous rice.
The production of glutinous valley has increased
.
The price of long-grain glutinous rice is between 8010-8204 baht per ton, down 0.
71-3.
07% from the previous month, mainly due to the increase in rainfall in the northeast area affected by Typhoon Gongmori, which is the main producing area of glutinous rice.
The production of glutinous valley has increased
.
3.
The price of feed corn is between 7.
95-8.
08 baht per kilogram, which is 0.
60-2.
20% lower than the previous month due to the continuous increase in production.
At the same time, it is expected that in December 2021, imported corn, wheat and soybeans and other raw materials instead of corn will decrease respectively.
1.
04%, 1.
13% and 1.
67%
.
However, if companies purchase products from registered farmers through price competition, the price of corn sold by farmers may increase more than expected
.
The price of feed corn is between 7.
95-8.
08 baht per kilogram, which is 0.
60-2.
20% lower than the previous month due to the continuous increase in production.
At the same time, it is expected that in December 2021, imported corn, wheat and soybeans and other raw materials instead of corn will decrease respectively.
1.
04%, 1.
13% and 1.
67%
.
However, if companies purchase products from registered farmers through price competition, the price of corn sold by farmers may increase more than expected
.
4.
The price of grade 3 raw film is between 48.
00-48.
50 baht.
Although the price of rubber in Thailand is affected by the depreciation of the Thai baht against the US dollar, as well as the continuous rainfall in southern Thailand and the shortage of rubber tapping workers, the rubber production has decreased, but the price of rubber decreased by 0.
06- 1.
19%, mainly due to the unclear domestic economic situation of major trading partners and foreign countries, and the demand for imported rubber from Thailand has declined
.
The price of grade 3 raw film is between 48.
00-48.
50 baht.
Although the price of rubber in Thailand is affected by the depreciation of the Thai baht against the US dollar, as well as the continuous rainfall in southern Thailand and the shortage of rubber tapping workers, the rubber production has decreased, but the price of rubber decreased by 0.
06- 1.
19%, mainly due to the unclear domestic economic situation of major trading partners and foreign countries, and the demand for imported rubber from Thailand has declined
.
5.
The price of live pigs is between 64.
73-66.
11 baht per kilogram, down 1.
37-3.
43% from the previous month, mainly because some people do not eat meat during the Nine Emperor Gods Festival.
Therefore, the demand for pork consumption has declined
.
The price of live pigs is between 64.
73-66.
11 baht per kilogram, down 1.
37-3.
43% from the previous month, mainly because some people do not eat meat during the Nine Emperor Gods Festival.
Therefore, the demand for pork consumption has declined
.
