Government warehouses are holding 17.89 million tons of pledged rice, of which 16.7 million tons can be sold, according to Prime Minister Prayut Chan-o-cha. 

General Prayut made the disclosure after chairing a meeting of the rice management and policy committee on Friday. He revealed that the inspection teams sent to all government warehouses determined that 2.1 million tons of rice was up to standard, while another 14.4 million tons would need to be re-graded. There is 6.94 million tons of spoiled rice and rice of no clear origin. The prime minister noted that any misconduct that gave rise to this amount of rice would be dealt with legally. According to the prime minister, total losses arising from the rice subsidy scheme are expected to reach 680 billion baht. 

Gen. Prayut also expressed confidence in Thailand being able to retain its lead in global rice exports, provided that rice from government warehouses is progressively sold and farmers work to ensure the quality of their produce.