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MY 2013/2014 Rice Production Projected to Rise Slightly

MY 2013/2014 Rice Production Projected to Rise Slightly

10 February 2014
USDA Foreign Agricultural Service

BANGLADESH - Marketing year (MY) 2013/2014 (May to April) rice production is projected to rise slightly to 34.6 million tons on higher yields due to good weather.

The MY 2013/2014 (July to June) wheat production forecast remains unchanged at 1.26 million tons.

MY 2013/14 wheat imports are unchanged at 3 million tons, and rice imports should fall to 220,000 tons on expectations of a more price competitive Aman crop.

According to the Ministry of Food, as of the last week of December 2013 government rice (which include domestic and imported rice) and wheat stocks were 676,000 and 293,000 tons. Numerous hartals and blockades caused rice prices to rise.

Further Reading

You can view the USDA GAIN: Bangladesh Grain and Feed Update January 2014 by clicking here.

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