Thailand Extends Buying Scheme, Risks Adding to the Rice Pile

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After recently discovering massive losses in the current rice scheme, the Thai government approved a new plan that will lower prices and quantities. With 17 million tonnes in storage and another 10 million set to arrive, however, the government is still at risk to lose in storage, depreciation, and logistics costs.

http://in.reuters.com/article/2013/09/03/thailand-rice-intervention-idINL4N0GZ1FC20130903

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