Thai Agricultural Prices Surge in November 2026
The Ministry of Commerce reports significant price increases for major Thai crops, with farmers selling above production costs.
According to a report from Prachachat Business citing the Ministry of Commerce, Thailand has seen a broad increase in agricultural commodity prices as of November 2026. Compared to the same period last year, prices for key crops have risen significantly, with Pathum Thani rice leading the surge at 55%. Other notable increases include cassava at 65.14%, animal feed corn at 36.95%, and oil palm at 16.23%. The Ministry noted that while production costs have also trended upward, farmers are currently able to sell their yields at prices exceeding their expenses. For residents and visitors, this shift in the agricultural sector may influence local food prices and the broader economic landscape in rural provinces. While these figures indicate a positive trend for the farming sector, the long-term sustainability of these price levels remains to be confirmed. Observers are watching to see how these market conditions will impact consumer inflation and the overall cost of living in the coming months.
