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This is a weekly report outlining the prices of agricultural commodities in Bangladesh, as well as major trade and policy updates.
On November 26, 2020, the Ministry of Fisheries and Livestock enacted the Fisheries and Fisheries (Inspection and Quality Control) Act 2020 to enforce new laws reflecting the repealed provision of the Fish and Fish Products (Inspection and Quality Control) Ordinance 1983.
On April 24, 2018, the Ministry of Agriculture issued the Plant Quarantine Rules 2018 to protect domestic plants and plant products from foreign invasive insects and pests. The Rules shared formats for import permits, phytosanitary certificates, and import permit applications.
This is a weekly report outlining the prices of agricultural commodities in Bangladesh, as well as major trade and policy updates.
On June 9, 2020, the Seed Division of the Ministry of Agriculture released the Seed Rules 2020. The Rules cover the functions and responsibilities of the National Seed Board, seed laboratories, seed inspectors, seed analysts, and seed dealers, as well as the rules and procedures for seed sampling, certification, and registration or release of crop varieties.
On November 14, 2018, the Ministry of Fisheries and Livestock enacted the Fish Quarantine Act 2018 which issues provisions regarding pathogens and quarantine of fish and fish products. The Act covers the fish quarantine authority; import permits, controls, restrictions, bans, and detentions; and fish pathogen restrictions and elimination.
For marketing year (MY) 2022/23, Post forecasts cotton harvested area and production at 45 thousand hectares and 153 thousand bales, respectively. Post reduced Bangladesh’s cotton import forecast for MY 2022/23 to 8 million bales on high international raw cotton prices, reduced garment production due to a domestic power shortage, and the slowdown of the world economy.
The Government of Bangladesh has demonstrated a willingness to adopt and implement a modern agricultural policy framework and guidelines which support the safe and appropriate use of science and technology, including biotechnology, to help meet agricultural challenges.
This is a weekly report outlining the prices of agricultural commodities in Bangladesh, as well as major trade and policy updates.
For marketing year (MY) 2022/23, Post's forecast for rice harvested area and production remain unchanged at 11.5 million hectares and 35.65 million metric tons (MT), the same as the USDA official forecasts. Post's wheat production forecast in MY 2022/23 also remains unchanged from Post's previous projection.
Post forecasts marketing year (MY) 2022/2023 rice harvested area at 11.5 million hectares and production at 35.65 million metric tons (MT), down slightly from the USDA official numbers due to crop damage resulting from heavy floods in the northern part of the country. Local prices of rice, wheat, and corn hit record highs in July 2022.
The FAIRS Annual Country Report maintains the baseline information for Bangladesh as it relates to all food for human and animal consumption. In addition to an overview of the Government of Bangladesh’s regulatory infrastructure and import control policies, this report includes FAS Dhaka’s assessment of laws and requirements for food and agricultural products imposed on imports.