Thai jasmine rice harvest set for first decline in a decade

Prices of premium agricultural export surge, helped by strong baht

0308N Thai rice farmer (Reuters)

Farmer transplanting rice in a field near Khon Kaen, northeastern Thailand.

APORNRATH PHOONPHONGPHIPHAT, Nikkei staff writer

BANGKOK -- Thailand's production of premium rice has fallen this year for the first time since the country began growing the crop more extensively a decade ago in an effort to shift agriculture to more value-added export products.

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