Thailand: The Impact of Russian Invasion of Ukraine on Thai Agricultural Sector

  |   Attaché Report (GAIN)   |   TH2022-0017

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Office of Agricultural Affairs, Bangkok   |   (011-66-2) 205-5106

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Thailand: The Impact of Russian Invasion of Ukraine on Thai Agricultural Sector

Russian invasion of Ukraine is expected to significantly affect Thai agriculture. Agricultural production costs are expected to increase 7-13 percent in livestock production and 10-17 percent in field crops due to the surge in prices of feed-quality grains and fertilizers. Feed mills are expected to shift their feed wheat procurement to Australia during the supply disruption in Ukraine in 2022.

Exporting
East Asia and the Pacific, Thailand, Europe and Eurasia, Russia, Ukraine

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