The income guarantee has been transferred to Palm Chumphon farmers for 249 million baht.

Mr Theerakun Osoth, director of the Bank for Agriculture and Agricultural Cooperatives (BAAC) in Chumphon province, revealed that on 1 October 2019, BAAC Chumphon transferred funds for farmers' income insurance. Palm oil into account, oil palm farmer in the area Chumphon province has already been 44,167 families, totaling 249,436,763 baht, but there were 15 unsuccessful transfers due to 1. Account has been closed first 2. The account owner has died and the account has been frozen due to the account owner breaking the law. The transfer in the next installment is the second installment. Scheduled on 2 November 2019 and from the inquiry of the oil palm farmer who received the money transfer into the account Some people say that Although it has been helped until the palm price has not improved much But it's better than not getting any care from the government, but what the palm planters want is Sustainability in palm plantations at good prices Both in the development of species Fertilizer development And developments in palm oil extraction Which the relevant departments should pay attention to Will contribute to the sustainability of the palm oil more than the short-term income guarantee

Mr Udomsrisom Songphanich, Chumphon Province, said that from 1 October the past. Oil palm insurance is guaranteed at 4 baht per kilogram per household, not more than 25 rai in which the government will transfer the price difference. From the insurance price calculation – reference reference price average = the difference that the government compensates, for example the target price is 4 baht per kg minus the reference price (Historical 45-day price, calculated from the difference from the target price) at 2.68 baht per kilogram, which will get the difference that the government will have to pay at 1.32 baht per kilogram (4-2.68 = 1.32). Therefore, if farmers have an area of ​​25 Rai will receive the 1st payment of compensation (1.32 baht per kilogram multiplied by 25 rai multiplied by 363.25 kilograms) at 11,987.25 baht (479.49 baht per rai). The government will transfer the difference into farmers' accounts through the Bank for Agriculture and Agricultural Cooperatives ( BAAC) which the farmers must The company is registered with the Department of Agriculture yesterday.

Mr Sirisak Onlamai, former Chumphon MP, Advisor to the Deputy Minister of Interior (Mr. Nipon Boonyamanee), revealed that after the government has a policy to guarantee the income of oil palm planters since October 1, There are many oil palm farmers reflecting their feelings through that Oil palm farmers have been suffering for more than 5 years without the attention of the government. But today, the government has a policy to guarantee the income of the oil palm planters, it is very happy. From the original price of palm at 2.40 baht per kg, but now the purchase price has moved up to 2.60-3.00 baht per kilogram, because the mill is buying at a higher price.