Bangladesh: Grain and Feed Update
Post’s marketing year (MY) 2019/20 (May/April) rice production is forecast marginally lower at 35.2 million metric tons (MMT) on estimated lower planting (11.7 million hectares) due to Aus season rice area reduction and crop damaged by flooding. MY 2019/20 rice imports forecast are also revised lower to 0.1 MMT on sufficient domestic supplies and uncompetitive imports due to the government decision to raise import duty to 55 percent.
