Bangladesh signs deal to buy American wheat
Bangladesh has approved the purchase of about 220,000 metric tons of U.S. wheat under a government-to-government deal aimed at easing trade tensions with Washington after import tariffs were imposed by U.S. President Donald Trump’s administration.
The Cabinet Committee on Government Purchase cleared the deal on Tuesday.
The wheat, priced at $308 US per ton, will be supplied through Agrocorp International, a Singapore-based trading house authorized by U.S. Wheat Associates.
The agreement follows a memorandum of understanding signed in July for Bangladesh to import 700,000 metric tons of wheat annually from the United States over the next five years as part of efforts to diversify grain sources and strengthen trade ties.
The South Asian country currently depends heavily on lower-cost wheat from the Black Sea region while importing smaller volumes of higher-grade grain from the United States and Canada for blending and quality enhancement.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Romanian milling wheat prices jump reacting to shipping restrictions in the Azov r...
Condition of spring crops in the US has improved
Ukraine’s Barley Starts the Season with Record Yield Potential
EU soybean crush expected to remain stable in 2026/27
Heavy rains damage crops in Ukraine, but drought remains the main threat
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon