Picture courtesy of The Nation

With over 100,000 tonnes of rooster valued at a staggering 100 billion baht shipped overseas final yr alone, Thailand has secured its spot because the world’s third-largest exporter, trailing solely behind Brazil and the US.

Thailand’s poultry business has been on an upward trajectory, with Chaweewan Kampa, President of the Poultry Promotion Affiliation of Thailand, hailing the nation’s climb to 3rd place final yr from its earlier fourth-place rating.

Talking on the methods that propelled this achievement, Chaweewan highlighted the federal government’s proactive measures in export promotion, coupled with swift choices to increase soybean meal imports beneath a World Commerce Organisation (WTO) settlement for an extra yr. This transfer proved instrumental in addressing the escalating prices and shortages of animal feed, an important element in poultry farming.

Beneath the WTO pact, soybean meal imports are topic to a mere 2% tariff, a major discount from the usual charge of 119%. Moreover, the settlement permits the importation of corn for animal feed at a decreased tariff of 20%, down from the standard 70%, with a quota of as much as 54,700 tonnes. Regardless of these strides, Chaweewan cautioned that Thailand nonetheless grapples with larger manufacturing prices in comparison with its counterparts.

Chaweewan emphasised the necessity for the federal government to discover extending the phrases of the WTO deal, notably the import quota limits. Such measures, she argued, would alleviate the monetary burdens on rooster farmers, enhancing the competitiveness of Thai merchandise on the worldwide stage, reported Vietnam Plus.

“While Brazil and the US boast huge manufacturing bases for soybean and corn: important parts of animal feed, Thailand struggles to fulfill its home calls for.”

Echoing Chaweewan’s sentiments, Sitthiphan Thanakiatpinyo, President of the Swine Raisers Affiliation of Thailand, underscored the pivotal position of animal feed prices in agricultural operations. Urging governmental motion, he implored authorities to prioritise addressing this urgent concern, recognising its profound affect on farmers’ livelihoods and the nation’s financial prosperity.

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