Bangladesh. Сorn production fell by 2%
Maize production in Bangladesh fell by 2% to 4.8 million tonnes in FY2022/23. The country is experiencing extreme floods that are affecting crops.
As a result, domestic corn prices remain high and in line with high world prices. Wholesale and retail prices in October 2022 were 21% and 33% higher, respectively, compared to the previous year. In view of the high prices, the import of corn is reduced.
In FY 2021/22, imports also fell by 20% compared to the same period last year to 1.95 million tons. Imports will rise to 2.2 million tonnes next year, with most of the supply coming from India.
Read also
USDA reports hit the corn market: record harvest and unexpected numbers
Registration for BLACK SEA GRAIN.KYIV goes on – join with Early Ticket by Ja...
Canola prices await the results of the Canadian Prime Minister's visit to China
Turkey held a tender for the purchase of feed barley
Brazil expects another record-high soybean harvest
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon