{"id":7005,"date":"2023-08-26T09:06:32","date_gmt":"2023-08-26T09:06:32","guid":{"rendered":"https:\/\/ricenewstoday.com\/dev\/?p=7005"},"modified":"2023-08-26T09:06:46","modified_gmt":"2023-08-26T09:06:46","slug":"bangladesh-forecast-to-increase-rice-imports","status":"publish","type":"post","link":"https:\/\/ricenewstoday.com\/dev\/bangladesh-forecast-to-increase-rice-imports\/","title":{"rendered":"Bangladesh forecast to increase rice imports"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

DHAKA, BANGLADESH \u2014 With late arriving monsoon rains in Bangladesh, rice production forecasts have been lowered and imports are projected to rise in the 2023-24 marketing year, according to a Global Agricultural Information Network report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture.<\/p>\n\n\n\n

Imports are revised upward from the FAS previous forecast from 900,000 to 1 million tonnes. If realized, it would still be lower than the 1.2 million tonnes imported in 2022-23.<\/p>\n\n\n\n

The anticipated increased intake is due to the FAS forecasting a slight reduction in harvested area and production in 2023-24, at 11.6 million hectares and 36.4 million tonnes. Both figures were revised downward by about 1.6%.<\/p>\n\n\n\n

Bangladesh was the world\u2019s third-largest milled rice producer in 2022-23 behind China and India.<\/p>\n\n\n\n

Although India recently banned the export of non-basmati white rice, the FAS believes the impact will be minimal even though Bangladesh relied on India for 71% of its rice imports a year ago.<\/p>\n\n\n\n

\u201cBangladesh imports very little white rice from India due to low demand of this type of rice,\u201d the FAS said. \u201cUsually, Bangladesh imports parboiled rice from India in large quantities.\u201d<\/p>\n\n\n\n

India has not banned exports of parboiled rice.<\/p>\n","protected":false},"excerpt":{"rendered":"

DHAKA, BANGLADESH \u2014 With late arriving monsoon rains in Bangladesh, rice production forecasts have been lowered and imports are projected to rise in the 2023-24 marketing year, according to a Global Agricultural Information Network report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture. 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