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Bangkok Post
Bangkok Post
National
ONLINE REPORTERS

Farm income up in July

Farmers plant cassava in Nakhon Ratchasima province. The Office of Agricultural Economics reported on Thursday that prices for cassava and other farm produce increased in July, helping raise farm income. (File photo)

Farmers' income rose by 6.38% year-on-year in July as production increased overall by 7.37%, but prices fell 0.93%, according to the Office of Agricultural Economics.

OAE secretary-general Vinaroj Supsongsuk said on Thursday that production of rice, natural rubber, cassava, pineapples, oil palm nuts, meat chicken and white shrimps increased.

In July production of longan, mangosteen, rambutan and pig products decreased.

Falling prices hit natural rubber, pineapples and meat chicken. Prices rose for cassava, maize, longan and chicken eggs.

The price changes were the result of demand and supply.

Mr Vinaroj expected farmers' income to rise by 5.67% year-on-year this month, with production predicted to increase by 9.54% - mainly natural rubber, maize, oil palm nuts, meat chicken, chicken eggs and longan.

The OAE expects farm income to be stable next month compared with the corresponding period last year.

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