First US wheat shipment to Bangladesh departs under new MoU, expected to arrive Chattogram port in mid-October

of hard red winter wheat at ADM Corpus Christi. The voyage to Chattogram port is expected to take about 40 days. Confirming the shipment, Md Moniruzzaman, director (procurement) of Directorate of Food, told The Business Standard, “The first shipment is expected to arrive in Chattogram Port by the middle of October.” “In the first deal, we procured 2.2 lakh tonnes of wheat at $302.75 per tonne. At the end of this deal we will sign a new deal at a new price”, he added. Two more vessels carrying hard red winter wheat and one vessel carrying soft white wheat are scheduled to load soon, Moniruzzaman said. The shipment is the first under a Memorandum of Understanding signed on 20 July in Dhaka between Bangladesh’s Directorate General of Food and US Wheat Associates, the overseas marketing arm of the American wheat industry. Director General Md Abul Hasanath Humayun Kabir signed the agreement on behalf of Bangladesh, while Joe Sowers, USW’s Regional Vice President for South and Southeast ...