Bangladesh: Grain and Feed Update
Link to report:
Post forecasts rice harvested area and production for marketing year (MY) 2021/2022 at 11.62 million hectares and 3.59 million metric tons, up slightly from the MY 2020/2021 USDA official estimates. Despite a good Aman rice harvest and government stocks, rice prices continue to rise on higher fuel costs and inflation. The government continues to import rice to make it affordable. Post forecasts MY 2021/2022 rice imports at 1.5 million metric tons. Wheat and wheat flour prices are also trending up on increasing demand from households, restaurants, and the bakery industry. Post forecasts MY 2021/2022 wheat imports at 7.4 million metric tons.
