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What seems to have sparked the buying spree were limits placed last week on some bulk rice purchases at the warehouse retail chains Costco Wholesale and Sam's Club.
To make sure that it could continue supplying the domestic market, as well as export markets in Papua New Guinea, South Pacific island nations, Taiwan and the Middle East, SunRice stepped up rice purchases from other countries, said the chief executive, Gary Helou.
The government supports higher spending - giving subsidies for car and rice purchases - in a bid to kick-start demand.
The government blames the payment delay on the occupation of ministries by the protesters; until a new parliament can convene, it is barred from borrowing to fund rice purchases, the BBC's Jonathan Head in Bangkok says.
We expect that ties to markets would imply the ability to supplement production with rice purchases, potentially reducing the household production required to meet household consumption needs.
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The rice purchase scheme was launched in 2011, with the aim of boosting farmers' incomes and helping alleviate rural poverty.
Critics have also condemned the rice purchase scheme as too costly and vulnerable to corruption, our correspondent adds.
The rice purchase scheme has seen the government buying farmers' crops for the past two years at prices up to 50% higher than world prices.
Demonstrators that have occupied parts of the capital Bangkok argue that the prime minister is corrupt - with the government's rice purchase scheme just one issue of concern.
The rice purchase scheme, introduced by Ms Yingluck's governing Pheu Thai party, has seen the government buying farmers' crops for the past two years at prices up to 50% higher than world prices.
There are also two ongoing investigations by the National Anti-Corruption Commission, one of Prime Minister Yingluck over her role in the controversial rice purchase scheme, and another of 223 Pheu Thai MPs over last year's attempt to amend the constitution.
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