Bangladesh: Oilseeds and Products Annual

Despite economic challenges and high feed prices, demand for feed is expected to grow in Bangladesh as large commercial poultry farms expand their operations and some major feed producers have initiated contract poultry farming. For marketing year (MY) 2024/25, Post forecasts higher imports of soybeans and soybean meal, considering the growth in the poultry, cattle, and aquaculture sectors. In MY 2023/24, Post estimates higher domestic consumption of palm oil but lower consumption of soybean oil. Mustard/rapeseed oil consumption is projected to increase due to higher domestic production.