Bangladesh: Grain and Feed Update

Post's marketing year 2021/2022 rice harvested area and production forecast is 11.42 million hectares and 35.5 million metric tons, respectively, on reduced Aus rice production. The Government of Bangladesh reduced the rice total tax incidence (equivalent to an import tariff) to 25.75 percent from August through October 2021 to encourage imports to bring down domestic rice prices. Bangladesh became the fifth largest wheat importer in the world.