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.

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

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