Thailand eyes returning as top rice exporter in the world


BANGKOK: Two years after losing its place as the world’s biggest rice exporter, Thailand is eyeing a return to the top spot as the impact of a bungled subsidy scheme eases and it sells cheaper grain to a grateful global market.

The subsidy, which offered farmers up to 50% above market rates for their rice, helped former premier Yingluck Shinawatra win the rural votes she needed to take office in 2011.

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