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Post slightly lowers the MY 2023/24 rice production forecast due to some minor aman season crop damage caused by a cyclone. Despite the reduced production, Post lowers the rice import forecast to 500 thousand MT, as the Government of Bangladesh maintains its high rice import tariff of 62.5 percent.
Bangladesh is pursuing advanced biotechnological crop research. In June 2023, the Bangladesh Academy of Science submitted a “Standard Operating Procedures for Research and Release of Genome Edited Plants of Categories SDN-1 and SDN-2 in Bangladesh”...
Post lowers the forecast for marketing year (MY) 2023/24 raw cotton imports to 7.5 million bales on lower work orders for garments coupled with Bangladesh’s economic challenges including declining foreign exchange reserves. The export value of ready...
Decision making around GE crops is highly politicized in Germany. The German government is conflicted and has not issued an official statement on the EU Commissions proposal to deregulate the genetic engineering law yet.
This is a periodic report outlining the prices of agricultural commodities in Bangladesh, as well as major trade and policy updates.
Chickpeas, also known as garbanzo beans, are a legume full of protein, fiber, complex carbohydrates, and are relatively low in calories. Chickpeas are used in many Indian and Mediterranean dishes. Australia, India, and Canada are the top three chickpea exporters accounting for more than 40 percent of the world’s exports in 2022. Pakistan is the largest importer, followed by the European Union, Bangladesh, and Turkey.
With more than 83 million of the world’s wealthiest consumers, Germany is the largest market for food and agricultural products in the European Union.
In August 2023, after more than a decade of political discussions on the restructuring of livestock farming, a new German law on mandatory animal husbandry labeling went into effect.
The Ministry of Agriculture in Bangladesh amended the Bangladesh Seed Rules of 2020, allowing seed companies to release and register their crop varieties one year after obtaining their dealership registration.
With the late arrival of monsoon rains in Bangladesh, Post lowers its forecasts of rice harvested area and production in marketing year (MY) 2023/24, on decreased aus and aman season rice cultivation.
Germany is the third-largest importer of cherries in the world after China/Hong Kong and Russia. From 2010 to 2022, between 52 and 77 percent of the cherries consumed in Germany were imported, with the majority of imports originating in other EU member states.
The FAIRS Annual Country Report maintains the baseline information for Bangladesh as it relates to all food and feed.