The Animal Feed Maize Policy and Management Committee, known as the Corn Policy Committee, has resolved to extend the domestic maize purchase price announcement for the 2025/26 season until a new announcement is issued, maintaining the existing criteria and price structure to prevent a price vacuum after the previous announcement expired on 31 July 2026. Ms. Supachai Suthamphan, Deputy Prime Minister and Minister of Commerce, in her capacity as committee chair, stated that a new purchase price cannot yet be set because production cost data from farmer groups and the Office of Agricultural Economics remain inconsistent. The meeting therefore assigned relevant agencies to review cost data and reach mutual acceptance by 31 August 2026, while also directing the Ministry of Agriculture and Cooperatives to urgently improve production efficiency and propose direct assistance measures for farmers if costs genuinely rise, in order to solve the problem sustainably without shifting the burden to consumers.
Policy committee extends maize purchase price, delaying new price decision pending cost review.
