Bangladesh: Grain and Feed Update
Link to report:
Post slightly lowers the MY 2023/24 rice production forecast due to some minor aman season crop damage caused by a cyclone. Despite the reduced production, Post lowers the rice import forecast to 500 thousand MT, as the Government of Bangladesh maintains its high rice import tariff of 62.5 percent. Post lowers the MY 2023/24 corn import forecast to 1.2 million MT, on reduced production of animal feed, the economic slowdown, and the depletion of the country's foreign reserves.
