Cassava farmers get ready Receive income insurance on December 1.



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Cassava farmers get ready Receive an income guarantee on December 1, 2020, a maximum margin of 2,6 thousand baht for those planted from April 1, 2020 and expected to be harvested before December 1, 2020 .

Cassava
Illustrations are not relevant to the information.

On November 30, 2020, the Office of Public Relations, Region 7, Department of Public Relations reported that Ms. Mallika Boonmeetrakul Mahasuk, Advisor to the Minister of Commerce revealed that as of the Cabinet resolution of August 18, 2020, approved to continue with the yucca income insurance program of the year. 2 Budget limit 9,788 million baht

It will make up the difference to farmers who have registered with the Department of Agricultural Extension. And specify the sowing date as of April 1, 2020, including the expected harvest date before December 1, 2020 at a price of 0.26 baht per kilogram, which is the difference from the target price that ensures income at 2.50 baht per kilogram. The market price for fresh cassava root is 25%, now averaging 2.24 baht per kilogram, so there is a margin of 26 satang.

The payment of the government difference will be paid every 1st day of the month for a period of 12 months, which will be paid in the first installment on December 1, 2020 through the Bank of Agriculture and Agricultural Cooperatives (BAAC) to pay directly to the farmer’s account.

A farmer is entitled to one time of the right and to the calculation of compensation for production He has used production per rai for the last 3 years (2017/18, 2018/19 and 2019/63) of the Office of Agricultural Economics. The Ministry of Agriculture and Cooperatives will have 3,419 kilograms per rai. When multiplied by the number of rai recorded by farmers But the insurance payment should not exceed 100 tons per household.

For the median reference price, the reference is currently at 2.24 baht per kg. But the government secures revenue at a target price of 2.50 baht per kg. Make farmers make up the difference with farmers 0.26 baht per kg The government ensures income of no more than 100 tons per household or 100,000 kilograms.

Therefore, the cassava farmers who harvest this round are farmers who specify the cultivation date as of April 1, 2020 and are expected to harvest before December 1, 2020, payable on December 1, 2020, they have right to compensation of up to 26,000 baht if there is a question of coordinating the commercial office in each province. Or the Department of Domestic Commerce

Thanks to information from Region 7 Public Relations Office, Public Relations Department



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