A new report from Krungthai COMPASS estimates Thailand’s agricultural sector faces potential losses of 61.86 billion baht due to an El Niño-related drought. The drought is predicted to impact the country from the latter half of 2026 through the first six months of 2027. The research centre projects this direct impact will represent a 0.31% reduction in Thailand’s gross domestic product. Rice is anticipated to be significantly affected, though specific details weren’t provided in the initial report. This base-case scenario suggests significant challenges for Thai farmers and the nation's food security. The findings underscore the vulnerability of Thailand’s agricultural economy to climate phenomena like El Niño. Further details will likely be released as the forecast period draws closer.