BAAC Transfers 835 Million Baht to Rice Farmers in First Payment Round
BAAC has begun distributing 835 million baht to nearly 136,000 rice farming households under the government's 1,000 baht per rai assistance program for the 2025/26 production year. The payments, capped at 10,000 baht per household, are the first tranche of a 1.56 billion baht budget increase aimed at reaching over 233,000 farmers who have not yet received aid. Remaining eligible farmers will receive transfers starting November 12.
The Bank for Agriculture and Agricultural Cooperatives (BAAC) began transferring financial aid to rice farmers today under the "1,000 baht per rai" program for the 2025/26 production year, at a rate of 1,000 baht per rai with a maximum of 10,000 baht per household. Today (November 11, 2026), the bank will transfer funds to 135,978 eligible farming households totaling 835.43 million baht to ease cost burdens and provide liquidity for farmers. This transfer is part of an additional 1,555.98 million baht budget increase to assist 233,729 farmers who have not yet received payments, divided into 120,206 households from the original target group still pending and 113,523 newly certified households. The bank will continue transferring funds to remaining farmers starting November 12 based on recipient lists from the Department of Agricultural Extension, while expediting data verification to ensure accurate and swift payments. These funds can be used as working capital, to procure production inputs, and to prepare for the next planting season. The 2025/26 program has a total budget framework of 38,564.58 million baht, targeting approximately 4.74 million rice farming households covering 38.56 million rai, with BAAC serving as the primary mechanism for direct transfers to farmers' accounts.
