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Economy Food & Drinks Thailand

El Nino Threatens Thai Farmers’ Income

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Dr. Thon Thamrongnawasawat, deputy dean of Kasetsart University’s Faculty of Fisheries, confirms that El Nino has already arrived in Thailand.

The rainy season in Thailand’s North, Northeast, and Central regions usually has two phases.

“This year, the first phase has already ended and rainfall was 20% lower than normal,” Dr. Thamrongnawasawat says.

With the latter phase due to start around the middle of August, it remains unclear how much water the country will be able to store for the coming dry season.

The Thai academic says that the constraints on water supply will lead to lower agricultural yields for thirsty crops such as rice and sugarcane, suggesting Thai farmers’ income fall by 5%.

According to SCB Economic Intelligence Center (EIC), the El Nino-driven drought will cause more than 40 billion baht in losses for Thailand’s agricultural sector. In one scenario, damages may rise to 63 billion baht.

Read the full article HERE.

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