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Byline: The Nation.
Thailand's recent flooding has had a minimal effect on the country's agricultural sector compared with the international financial crisis, which has caused a dramatic drop in prices for agricultural goods, say farm-goods traders.
The Agriculture Ministry on Monday said flooding in 29 provinces had caused damage estimated at Bt943 million to rice fields and crops. The water had inundated 1.3 million rai. Of that, 76.9 per cent was rice fields, and rice farmers are expected to suffer losses amounting to Bt722 million.
The remaining area was planted with a variety of crops, including corn and cassava, and the farmers involved are …