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Thailand may retake spot as world's top rice exporter

Shipments of cheap rice resume after end of controversial subsidy scheme
Monday, October 6, 2014 - 05:50
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HARVEST TIME: To wean farmers off handouts, the government is trying to lower the cost of fertiliser and machinery. Experts are urging the farmers to focus on producing higher quality - and higher value - strains of rice.

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 per cent