ASEAN KEY DESTINATIONS
Thai rice stocks to disaster areas
The government has already sold about 1.6 million tonnes of milled rice from the stocks to Thai private companies and expects to sell another one million tonnes of milled rice to Nigeria.
China is also demanding one million tonnes of 5 percent white rice, while the drought which ravaged Russia's wheat production and flooding in Pakistan are expected to raise rice demands from Thailand.
Meanwhile, the Bank for Agriculture and Agricultural Cooperatives plans to set aside about 32 billion baht to support the government's paddy price insurance scheme for the 2010/2011 main crop.
It expects more than 3.5 million farmers to participate in the price insurance plan.
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