Bangladesh: Grain and Feed Update
For marketing year (MY) 2016/17 (May to April), Post’s rice production estimate remains flat at 34.5 million tons due to flooding that affected Aus rice production in northern, northeastern and central parts of Bangladesh. Estimated production is lowered only marginally, however, since Aus rice constitutes just 6.78% of total rice production. For MY 2016/17, Post’s wheat import forecast is raised to 4.7 million MT because new bakery products are expected to drive higher consumption. Based on customs data, Post’s MY 2015/16 wheat import estimate is revised to 4.49 million MT.
