As prices soar, poor and middle-class struggle with rising cost of living
Government's import plan causes immediate drop in wholesale onion prices
Bangladesh's rice imports surged to a seven-year high in the last fiscal year (FY25) of 2024-25, driven by a shortfall in domestic production, according to official data.
Bangladesh’s food grain stock has reached an all-time high of 21.54 lakh tonnes, as strong Boro procurement and lower distribution in July helped shore up reserves.
The interim government of Bangladesh recently introduced updated rules for the evaluation and registration of hybrid rice, aiming to encourage the cultivation of more varieties, strengthen agricultural innovation, and ensure food security.
Bangladesh can boost crop yields by at least 25 percent through the adoption of modern technology in a cultivation method known as “precision agriculture”, according to a Dutch environmental and soil scientist.
Potato exports climbed to a three-year high in the recently concluded fiscal year (FY) 2024-25, as traders took advantage of a slump in domestic prices to increase shipments abroad.
Prices of potatoes have begun to rise after months, adding slight pressure on consumers struggling with high inflation but also bringing relief to farmers reeling from losses.
Government's import plan causes immediate drop in wholesale onion prices
As prices soar, poor and middle-class struggle with rising cost of living
Bangladesh's rice imports surged to a seven-year high in the last fiscal year (FY25) of 2024-25, driven by a shortfall in domestic production, according to official data.
Bangladesh’s food grain stock has reached an all-time high of 21.54 lakh tonnes, as strong Boro procurement and lower distribution in July helped shore up reserves.
The interim government of Bangladesh recently introduced updated rules for the evaluation and registration of hybrid rice, aiming to encourage the cultivation of more varieties, strengthen agricultural innovation, and ensure food security.
Bangladesh can boost crop yields by at least 25 percent through the adoption of modern technology in a cultivation method known as “precision agriculture”, according to a Dutch environmental and soil scientist.
Potato exports climbed to a three-year high in the recently concluded fiscal year (FY) 2024-25, as traders took advantage of a slump in domestic prices to increase shipments abroad.
The government yesterday decided to import 4 lakh tonnes of rice in its efforts to curb the spike in prices of the staple and build adequate stocks in advance so that it can intervene in the market in case of volatility originating from crop losses due to natural disasters like floods in the coming months.
Prices of potatoes have begun to rise after months, adding slight pressure on consumers struggling with high inflation but also bringing relief to farmers reeling from losses.
The dominance of middlemen, a lack of information, extortion, and unpredictable transportation costs have a significant impact, resulting in the high retail prices of vegetables, according to a recent Bangladesh Trade and Tariff Commission (BTTC) report.
