Mr. Peerapan Kothong, Secretary-General of the Office of Agricultural Economics (OAE), revealed that for 47 years, as the leading agency in agricultural economics, it has continuously strived to work alongside farmers to ensure the Thai agricultural system moves towards a stable and sustainable future, with international competitiveness. To achieve this goal, the OAE has outlined its 2026 operational strategy, delivering value to 4 target groups through key missions and tools: 1. Farmers: Focusing on accurate decision-making and reduced risk through market forecasts and easily understandable early warning systems, along with production options tailored to the situation and plot-level profit calculation tools. This helps farmers plan production in a timely manner, increasing the chances of selling their products at higher prices and enhancing their bargaining power. 2. The public: Building confidence in food security and transparency by communicating the causes of price volatility based on market mechanisms and actual costs, along with a monitoring system for risk factors affecting food prices. Transparent price verification criteria are used to prevent price distortions, helping people understand the situation without panic. and have confidence in the state's food stock management system.

3. Management: Support proactive decision-making with a single source of truth through a system for alerting to key risks, presenting policy options with comprehensive impact analysis, and simulating scenarios, along with a system for tracking real-time results on a single screen. This enables quick decision-making and cost-effective use of budget. 4. Network Partners: Integrate work on the same data standards through a central platform that seamlessly links data, along with developing systemic proposals to reduce market weaknesses and jointly analyze the cost-effectiveness of investments to reduce duplication and create unity in driving the Thai agricultural economy.

For the year 2026, the Office of Agricultural Economics (OAE) has defined “9 missions in 365 days” under the concept of “9 transitional phases to drive the Thai agricultural economy towards the international level” to create concrete results within one year, consisting of: 1. Developing annual economic trend forecast reports; 2. Strengthening the economic and data teams; 3. Developing agricultural economic zone issues; 4. Upgrading the standards of research and economic analysis; 5. Connecting networks of economists and academic institutions; 6. Developing a framework for considering agricultural projects and measures; 7. Developing a system for monitoring agricultural commodity prices and markets. 8. Strengthen risk management and internal governance systems. 9. Review and develop the 5-year digital action plan.

Go To Lead