USDA revises up Bangladesh’s rice production forecast
Rice
Bangladesh
Published Jan 31, 2023
Tridge summary
The US Department of Agriculture (USDA) has revised upward its forecast regarding Bangladesh’s rice production in the marketing year (MY) 2022-23 beginning from last May. Production of the staple grain is forecasted to be 3.58 crore tonnes in MY23, up from the USDA’s official estimate of 3.56 crore tonnes, the agency said in its Grain […]
Original content
The US Department of Agriculture (USDA) has revised upward its forecast regarding Bangladesh’s rice production in the marketing year (MY) 2022-23 beginning from last May. Production of the staple grain is forecasted to be 3.58 crore tonnes in MY23, up from the USDA’s official estimate of 3.56 crore tonnes, the agency said in its Grain and Feed Update on Bangladesh released by the end of last week. The USDA said it increased Bangladesh’s rice harvested area and production forecast because of good Aman season rice harvest during the marketing year that begins with Boro and ends with Aman rice. The USDA said it hiked MY 2022-23 Aman season rice harvested area and production forecasts to 58.5 lakh hectares and 1.41 million tonnes respectively, which is higher than its estimates for MY 2021-22. The Bangladesh Bureau of Statistics has yet to release its estimate for rice production in the three-crop season — Boro, Aus and Aman — for 2022. “Aman rice production exceed the target in many ...
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