rice

Fall in real prices of rice benefits consumers, hurts farmers

Real prices of rice have fallen in the decade from 2010 to 2020, benefiting consumers but generating lower real incomes for producers, according to a paper presented at an event in Dhaka yesterday. However, real prices of the staple food climbed in the years following the turn of the decade. Real prices are those which […]

Govt’s aman purchase hits a record

The food procurement office, for the first time since 1996, has bought the highest amount of aman paddy and achieved its target of buying six lakh tonnes of the grain grown in the monsoon. It bought 6.27 lakh tonnes of aman paddy since November following harvests. In the past 24 years, the public food office […]

Paddy of despair, farmers getting poor deal

The government’s market interventions have been largely ineffective. Bangladesh’s resilient farmers recouped the 2017 devastating flood-induced crop damages by growing more rice over the last few growing seasons including the current Boro. This high rice output brings much relief to the government that spent millions of Taka importing a record four million tons of rice […]