Thailand's Ministry of Commerce has extended the feed corn purchase price announcement through August 31, 2025, as a new price has not yet been finalized due to conflicting cost data between farmers and the Agricultural Economics Office. Deputy PM Supachai has ordered a comprehensive cost review and emphasized that price increases alone won't solve the problem—the government is planning broader reforms including seed quality, production efficiency, and cost-reduction measures. This affects the livestock feed and animal husbandry sectors with potential knock-on effects on consumer prices.
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