BAAC has introduced two financial aid schemes for cassava growers coping with the drought crisis.
1. Will provide a loan of five billion baht to 100,000 farmers to postpone their cassava cultivation, as an oversupply of 21 million tons of cassava is expected to flood the market until April.
As for the second scheme, the BAAC will allocate a total of 4.6 billion baht to 20,000 farmers who wish to install a drip irrigation system in their cassava plantations. Farmers eligible for these schemes must be existing or prospective BAAC clients.