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Economy

Thailand pays farmers to cull rubber trees

Government hopes a concerted effort to reduce production will prop up prices

A rubber tree farmer at his plantation in Thailand's southern Nakhon Si Thammarat Province. The current price of rubber has fallen well below the record high of $6.00 a kilogram in 2011.   © Reuters

BANGKOK Thailand is paying farmers to cull their rubber trees as the world's largest rubber producer and exporter attempts to shore up falling prices.

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