Thai casava prices likely to rise
Prices for casava in Thailand might rise due to the
latest move of the country's Agriculture and Cooperatives Ministry and several
agricultural firms: they are encouraging the country's farmers to grow
The move is the result of the growing global demand for biofuels. Casava is a
natural product of Thailand.
However, due to
the increased demand of maize, several pig producers in Thailand switched to
feeding their animals casava, as this had become less expensive.
deals, announced this week, however, could mean prices for casava will go up as
The ministry's Agricultural Land
Reform Office signed agreements with three firms to encourage farmers in six
northern provinces to grow casava for producing ethanol.
production is expected to start in about March 2008. Altogether, the demand
could be approximately two million tonnes of casava
â€¢ Thai Agriculture
and Cooperatives Ministry
For the latest pig news,
To comment, login here
Or register to be able to comment.