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Commodities

Thailand diversifies rice production to retain global market share

Growing more varieties to help offset decline in premium-grade exports

The Thai government has begun providing financial incentives for production of varieties other than the premium-grade fragrant rice that the country is famous for.   © Reuters

BANGKOK-- With production of its premium-grade fragrant rice declining, Thailand is looking to develop more varieties of the crop in order to compete with major exporters like Vietnam and India.

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