Mr. Peerapan Kothong, Secretary-General of the Office of Agricultural Economics (OAE), revealed this on the special occasion of March 24th, the 47th anniversary of the OAE's establishment as a department on March 24, 1979. This year, the OAE is committed to developing the country's agricultural economy, focusing on the key goal of "making the Thai agricultural system make more accurate, faster, and fairer decisions using reliable data, models, and warning signals. This will enable executives to make timely policy decisions, allow farmers to adapt promptly, and build public confidence."

The Secretary-General of the OAE stated that, over the past 47 years, as the leading agency in agricultural economics, the OAE has continuously worked 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 to deliver value to four target groups. Through the following 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 calculators. This helps farmers plan production promptly, increasing the chances of selling at higher prices and enhancing bargaining power. 2. 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 and transparent price verification criteria to prevent price manipulation. This helps people understand the situation without panic and builds confidence in the government's food stock management system.

3. Executives: Supporting 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 real-time results tracking system on a single screen. This enables quick decision-making and cost-effective use of resources. 4. Network Partners: Integrating work using a common data standard through a central platform that seamlessly links data. This involves developing systemic proposals to reduce market weaknesses and jointly analyzing the cost-effectiveness of investments to reduce duplication and create unity in driving the Thai agricultural economy.

For its 2026 initiative, the Office of Agricultural Economics (OAE) has defined “9 Missions in 365 Days” under the concept of “9 Transitions to Drive the Thai Agricultural Economy Towards the International Stage” to achieve tangible results within one year. These missions include: 1. Developing annual economic trend forecast reports; 2. Strengthening the economic and data teams; 3. Developing key aspects of agricultural economic zones; 4. Upgrading the standards of economic research and 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. Strengthening risk management and internal governance sys

Go To Lead