Buriram Expats
Buriram Province - General Category => Farming in Isaan => Topic started by: crowsnest on December 07, 2010, 12:06:14 PM
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Just wondered if anyone does this and can it pay off in 3-4 months time?
The GF thinks it's a good idea and is doing this herself, she is buying at 13 baht per kilo of locals who need money now to pay off banks etc!
However there does seem to be some jealousy in the village by doing this, what's your opinions about this, any advise welcome am now coming Buriram 2mo and will stop in Coffee corner and make myself known at some stage!
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I have had 2 friends that have done this for the last 2 years,they have lost money ( rice drying out ) or broke even. Its a gamble IMO..!!
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We made money on it last year, but don't intend to repeat!
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And if a family of rodents get amongst it you'll lose the lot
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We made money on it last year, but don't intend to repeat!
Is there a reason why you wouldn't do it again if you made money?
I have had 2 friends that have done this for the last 2 years,they have lost money ( rice drying out ) or broke even. Its a gamble IMO..!!
Mmm maybe one that is worth doing say for 100,000 Baht not too much too lose! The rice i expect will be in short demand this year due to floods in a lot of provinces! Yes i suppose everything is a gamble up here! I do however expect the price of rice to go up, if you could take the product and sort packaging out, and see the product in the shops then you are into big money as 5kg of rice in our supermarket in Pattaya is 250 Baht that's 50 Baht per kilo (end product)
Someone is making big money?
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We made money on it last year, but don't intend to repeat!
Is there a reason why you wouldn't do it again if you made money?
Yes, too chancy, and better uses for the money!
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We made money on it last year, but don't intend to repeat!
Is there a reason why you wouldn't do it again if you made money?
Ok cheers for the heads up!
Yes, too chancy, and better uses for the money!
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As I said before it's a gamble.....I do remember it went up to about 22 baht + a kilo at one point in the past., the choice is yours party15
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As I said before it's a gamble.....I do remember it went up to about 22 baht + a kilo at one point in the past., the choice is yours party15
If it did go up to that Boloa i would be laughing all the way to the bank to collect my beer tokens! lol
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Mmm maybe one that is worth doing say for 100,000 Baht not too much too lose! The rice i expect will be in short demand this year due to floods in a lot of provinces! Yes i suppose everything is a gamble up here! I do however expect the price of rice to go up, if you could take the product and sort packaging out, and see the product in the shops then you are into big money as 5kg of rice in our supermarket in Pattaya is 250 Baht that's 50 Baht per kilo (end product)
Someone is making big money?
I live in a fairly large village and have suggested may times that the villagers should start up a Co Op ,buy a machine that bags up rice into 5 and 10 kilo plastic Branded bag and sell direct to the Supermarkets.We have 2 or 3 mills for de-husking the rice and am sure a bagging machine wouldn't be to expensive ( http://www.tootoo.com/buy-rice_packing_bag/ (http://www.tootoo.com/buy-rice_packing_bag/) ). But Thais seem to be so insular and are scared someone is going to rip them off,which is a shame because as you have pointed out Crowsnest there is money to be made for sure.My Uncle in the UK was a market gardener and for years he struggled on his own until all the other local market Gardeners set up a Co Op, now they have cut out the middle man and the Supermarket lorries pick up direct from the Farms ,pre-packet in the Supermarkets packaging . Could work here I'm sure. confused1
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Mmm maybe one that is worth doing say for 100,000 Baht not too much too lose! The rice i expect will be in short demand this year due to floods in a lot of provinces! Yes i suppose everything is a gamble up here! I do however expect the price of rice to go up, if you could take the product and sort packaging out, and see the product in the shops then you are into big money as 5kg of rice in our supermarket in Pattaya is 250 Baht that's 50 Baht per kilo (end product)
Someone is making big money?
I live in a fairly large village and have suggested may times that the villagers should start up a Co Op ,buy a machine that bags up rice into 5 and 10 kilo plastic Branded bag and sell direct to the Supermarkets.We have 2 or 3 mills for de-husking the rice and am sure a bagging machine wouldn't be to expensive ( http://www.tootoo.com/buy-rice_packing_bag/ (http://www.tootoo.com/buy-rice_packing_bag/) ). But Thais seem to be so insular and are scared someone is going to rip them off,which is a shame because as you have pointed out Crowsnest there is money to be made for sure.My Uncle in the UK was a market gardener and for years he struggled on his own until all the other local market Gardeners set up a Co Op, now they have cut out the middle man and the Supermarket lorries pick up direct from the Farms ,pre-packet in the Supermarkets packaging . Could work here I'm sure. confused1
You would probably get your balls cut off by the mafia.
I take about 10 containers of Jasmine rice a year to the UK. A local mill wanted to deal direct with me (a Falang) - I said I am happy to talk business if they could package to our brand requirements and include all the EEC health requirements + provide cert of origin, cert of fumigation etc etc etc - I am still waiting.
Meanwhile I deal through the Chinese merchant in Buriram.
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And if a family of rodents get amongst it you'll lose the lot
Never mind the rodents. The wife's family would probably get there first!
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You would probably get your balls cut off by the mafia.
Bugger Me. Get yer balls cut off for selling rice. And even risk the same fate when spending an evening out with the BRE crowd last week. What next? You paint a rosy picture you fictitious Scottish git!
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I live in a fairly large village and have suggested may times that the villagers should start up a Co Op ,buy a machine that bags up rice into 5 and 10 kilo plastic Branded bag and sell direct to the Supermarkets.We have 2 or 3 mills for de-husking the rice and am sure a bagging machine wouldn't be to expensive ( http://www.tootoo.com/buy-rice_packing_bag/ (http://www.tootoo.com/buy-rice_packing_bag/) ). But Thais seem to be so insular and are scared someone is going to rip them off,which is a shame because as you have pointed out Crowsnest there is money to be made for sure.My Uncle in the UK was a market gardener and for years he struggled on his own until all the other local market Gardeners set up a Co Op, now they have cut out the middle man and the Supermarket lorries pick up direct from the Farms ,pre-packet in the Supermarkets packaging . Could work here I'm sure. confused1
That is useful advise and an e-mail has been sent regarding the machine!
You would probably get your balls cut off by the mafia.
I take about 10 containers of Jasmine rice a year to the UK. A local mill wanted to deal direct with me (a Falang) - I said I am happy to talk business if they could package to our brand requirements and include all the EEC health requirements + provide cert of origin, cert of fumigation etc etc etc - I am still waiting.
Meanwhile I deal through the Chinese merchant in Buriram.
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Why are your balls still intact then if you are shipping abroad and cutting out the middle man if it is indeed Mafia run?
We are talking about a very small proportion of the global market! You are shipping it abroad i am not!
Many thanks
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Using a merchant in Buriram IS playing within the system. Trying to take the merchant out of the chain would be a risk to your testicles.
I doubt the size of the market really matters when principles are involved.
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Waiter, Waiter - there's a testicle in my Fried Rice! :o
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I agree with CC.
We are but visitors here and playing with the system and impacting on others businesses is a very dangerous thing to do. People do not always play by 'The Queensbury Rules' over here and nothing is more important than ones health and wellbeing.
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My advice remains - tread with caution. Take the bread (rice?) out of someone's mouth and be prepared for a reaction.
It is more serious when you try to upset the status quo of established systems ("mafia").
Thailand is not a free economy in the true sense and whilst it is commendable to look at a 'better way' of doing things these will also be viewed with suspicion by the intended beneficiaries.
Prakhonchi Nick, who has been around lot longer, may have an opinion on how reluctant the Thais are to change - especially where that advice comes from a Falang.
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As Forfar whatever said, Thais are indeed reluctant to change. I have many times suggested that they hang on to their rice for a couple of months before selling. The extra interest they have to pay on their loans would be far outweighed by the extra money they would receive for their rice. They listen - smile - then load up their trucks and pop down to the mill!
I have given up trying to assist now. Not worth the effort.
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well the Gf and family now have 10 Tonne which now the place where it is stocked is full and still have people coming to see if they can sell on a daily basis, if all works well next year i will pay for another 2 to get built or build it myself with Papa!
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This is an interesting subject and I am sure we have looked at ways to improve the lot of our extended Thai families.
crowsnest, I am genuinely interested in where you see your market for this rice, Is it a speculative purchase intended to make a few Baht per kilo profit later in the year. If not who will you sell to and how will you market the rice. Also how will you package it and satisfy the health and other standards required by the end user.
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What price have you been buying it as crowsnest and what price do you hope to get when you sell it ? You do know that when it dries out it will weigh less,this is where most of the people I know who have done the same as you have lost money .I have heard it can dry out by 10% over 6-8 months ?
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This is an interesting subject and I am sure we have looked at ways to improve the lot of our extended Thai families.
crowsnest, I am genuinely interested in where you see your market for this rice, Is it a speculative purchase intended to make a few Baht per kilo profit later in the year. If not who will you sell to and how will you market the rice. Also how will you package it and satisfy the health and other standards required by the end user.
Well my friend i have done some reasearch and the best time to re-sell is the 3rd week in April according to statistics for 8 years running it has been at it's highest in this period, don't ask me why and someone else may correct me as i am still learning!
The rice will be packaged in the same packs as when it was bought which are 10baht each, the truck will take it to the mill for 20 Baht per sack!
i did think of re-packaging it and doing runs to pattaya , it still may happen who knows i have many friends here with businesses , hotels etc!
Also just purchased a pick-up!
I paid 12.5 to 13 Baht per kilo her farther inspected the fields beforehand and checked the rice when it was brought to us. He told me not to buy a few from people who's fields he had a look at!
As he stands to benifit from this business i doubt whether he would Bullshit me!
I intend to sell at 18 Baht per kilo! We will wait and see what happens in April or sooner should the price increse, i now in the market in Prakhon Chai not to far from you they are selling it at 33Baht per kilo cleaned and just put in a bag, no packaging as such!
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What price have you been buying it as crowsnest and what price do you hope to get when you sell it ? You do know that when it dries out it will weigh less,this is where most of the people I know who have done the same as you have lost money .I have heard it can dry out by 10% over 6-8 months ?
Thanks for the info i don't think it should dry out too much more as they tend to dry it out beforehand from what i have seen although by no means am i an expert but i guess her dad is as he has been doing it for 50+ years!