MILLET MAIZE ETHANOL #AgriEconomy

Maize farmers across several regions are facing severe distress as market prices have plunged drastically, falling far below the Minimum Support Price (MSP) as well as the basic cost of production. The sudden price crash has left cultivators worried about recovering even their input expenses such as seeds, fertilizer, labour, and transportation.

Economists caution that without a notable increase in domestic or export demand, the corn market could see continued price pressure throughout 2026. Some forecasts even expect acreage to decline next season as producers respond to low price signals.

The market is segmented by type of feed (poultry, swine, cattle, aquaculture), ingredient, and distribution channel. Poultry feed remains the largest segment due to Thailand’s significant poultry production and export industry.

The spike in imports also reflects efforts to stabilize domestic food prices amid weather-related disruptions and uneven crop output in some regions. Government and private importers stepped up procurement to ensure adequate availability and contain inflationary pressures.