August 23, 2023

Thai farmers get subsidy support to cover feed costs

Thailand is supporting local farmers by allowing them to apply for a subsidy of up to ฿10,000 (US$286.43) to absorb animal feed costs.

The application deadline has been extended to August 31. The original deadline was August 12, 2023.

The subsidies apply to pig farmers with up to 5,000 pigs and poultry farmers (egg or meat) with up to 100,000 chickens.

According to a government website, the subsidies aim to alleviate the impact of rising prices of feed ingredients and compounded feed.

The subsidies will help farmers to purchase animal feed at a price of ฿1 (US$0.03) per kilogramme, up to a maximum of 10 tonnes or ฿10,000 per individual.

- Thaiger