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Edible oil prices have been trending higher and are now increasingly volatile due to poor market transparency and the Russian invasion of Ukraine. Post forecasts MY 2022/2023 soybean imports up to 2.8 million MT, while local soybean production remains flat.

Post forecasts a slight increase in rice production and prices continue to rise, but the government continues to import rice to make it affordable. Wheat a flour prices are also trending upward.

On December 19, 2021, the Bangladesh Ministry of Commerce increased the maximum wastage rate for producing ready-made garment items from raw materials (yarn, fabric, finished products). The Ministry of Commerce set the new maximum wastage rate at 27 percent for basic knitwear, 30 percent for special items, and 4 percent for sweaters and socks.

For marketing year 2021/2022, Post forecasts cotton production up slightly to 151 thousand bales, with total consumption at 8.81 million bales.

The Government of Bangladesh has demonstrated a willingness to adopt and implement a modern agricultural policy framework and guidelines which support the safe and appropriate use of science and technology, including biotechnology, to address the...

Post's marketing year 2021/2022 rice harvested area and production forecast is 11.42 million hectares and 35.5 million metric tons, respectively, on reduced Aus rice production. The Government of Bangladesh reduced the rice total tax incidence...

Bangladesh rice production in marketing year (MY) 2021/22 is forecast to increase to 36.2 million metric tons (MMT) of milled rice production.

The FAIRS Annual Country Report maintains the baseline information for Bangladesh as it relates to all food for human and animal consumption.

This report outlines the Bangladesh government’s required documents of the United States in order to facilitate the importation of U.S. food and agricultural products.

For the market year (MY) 2021/22 (May-April), Post forecasts Bangladesh’s rice production to increase, assuming friendly weather and increased yield. Rice imports are expected to fall as a result of increased domestic production. Wheat production is...

Despite the economic slowdown caused by the COVID-19 pandemic, Post Dhaka has increased its cotton import forecast for marketing year (MY) 2021/22 to 7.6 million bales as a result of higher demand for locally spun yarn.

Bangladesh’s feed industry is currently recovering from a difficult marketing year (MY) 2019/20 (i.e., July to June).