Bangladesh plans to export surplus rice to benefit its farmers.
The government is considering exportinging around 1 million tonnes of surplus Boro rice production after meeting domestic demand, Agriculture Minister Adbur Razzak said on Tuesday (May 7).
"We are discussing it with the food and commerce ministries. A decision will be taken within 15-20 days after high-level discussions," he told a media call at the Secretariat.
Stressing that only surplus would be exported, the minister said it would not affect the local market.
"Last year, we produced 1.3 million tonnes more than our target," he said, while responding to a question.
"Overall, we have about 2–2.5 million tonnes of surplus rice each year," the minister stated.
The government is procuring 1 million tonnes of boiled Boro rice at Tk 36 per kg this year, which is Tk 2 less than last year.
It will procure 150,000 tonnes Boro rice at Tk 35 per kg, 150,000 tonnes of Boro crop at Tk 26 per kg and 50,000 tonnes of wheat at Tk 28 per kg from Apr 25 to Aug 31.
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