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For marketing year (MY) 2023/24, Post forecasts rice harvested area and production at 11.9 million hectares and 37.1 million metric tons (MT), respectively. Post forecasts MY 2023/24 wheat imports at 6.0 million MT, with corn imports at 2.4 million MT.
For marketing year (MY) 2023/24, Post’s soybean import forecast is 2.4 million MT, on Bangladesh rebounding from its current economic slowdown, while local soybean production remains flat.
FAS Tel Aviv (Post) forecasts Israel’s wheat imports to reach 1.70 million metric tons (MMT) in marketing year (MY) 2023/24, a 2.8 percent decrease from Post’s MY 2022/23 figure.
Israel's reform to decentralize the control on toiletries and food will impact the import of processed food products.
Israel's chief rabbi affirms cultivated steak is kosher, which means it is permitted for consumption by Jews under religious law. This ruling opens the door for companies producing cultivated meat directly from laboratory grown cells to receive a kosher certification.
This is a biweekly report outlining the prices of agricultural commodities in Bangladesh, as well as major trade and policy updates.