Food Institute chief sees need to restructure farm sector

Thailand should restructure its agricultural sector for the overall improvement of production in preparation for an expected heightening of the global food crisis, according to the food industry executive.

Food Institute director Yutthasak Supasorn said the severity of the food crisis was predicted by scientists and economists, who based their calculations on various factors, but on energy prices in particular.

They believed food prices would increase 20-50 times in the next decade.

He said Thailand, unlike many other countries, might not be adversely affected by the crisis because it is a major food producing country

However, the country must restructure its agricultural sector, invest in its production bases to give easier access to the farm sector, and improve the value-added of raw materials used for food production.

Mr. Yutthasak said he believed Thailand would not be affected by the world food price crisis during the next three to five years.

Still, food prices in the country might increase by three to five times in the next decade.

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