Close Menu
MediaBangladesh.netMediaBangladesh.net
    What's Hot
    media Bangladesh

    MediaBangladesh.net Evolves into a Global Multi-Niche Knowledge Hub

    roi-return-of-investment-formula

    Understanding ROI: A Comprehensive Guide to Return on Investment

    SISP শিক্ষা বৃত্তি প্রকল্পের টাকা আত্মসাৎকারীদের সন্ধান দিন

    Facebook X (Twitter) Instagram
    • Newspaper Advertisement
    • Free Quote
    • Ad Rates
    • Classified Ad
    • Guest Post
      • Login – Guest Post
      • Registration – Guest Post
      • Guest Post Form
      • Subscription – Guest Post
      • Payment – Guest Post
      • Account – Guest Post
      • Edit – Guest Post
    • Write for Us
    • Contact
    • Currency Converter
    • Gold Price
    Facebook X (Twitter) Instagram Pinterest YouTube LinkedIn WhatsApp
    MediaBangladesh.netMediaBangladesh.net
    • Business
    • Health
    • Food
    • Internet
    • Travel
    • Technology
    • Sports
    • Lifestyle
    • Fashion
    • Marketing
    • More
      • Education
      • Pets
      • Entertainment
      • Kids
      • Women
      • Religion
      • Art Culture
      • Bio
      • Others
    MediaBangladesh.netMediaBangladesh.net
    Home»Health»World food prices and situation in Bangladesh
    Health

    World food prices and situation in Bangladesh

    By m rFeb 3, 2015No Comments6 Mins Read
    Share Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Copy Link
    Follow Us
    Google News Flipboard
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link
    AMID deepening hunger crisis, Bangladesh is gradually beginning to stand on her own feet. One standing crop, Boro, is going to change the scenario. The impact of the healthy farm condition is being reflected in the wholesale and retail markets of staple foods, and the prices are going down everyday. The lines in the Open Market Sales (OMS) shops are shortening gradually.

    Although riots caused by spiraling food have been reported from Egypt, Cameroon, Ivory Coast, Mauritania, Ethiopia, Madagascar, the Philippines, Indonesia, Haiti, Burkina Faso and Senegal prices, the government of Bangladesh has efficiently managed the situation through a concerted effort, and averted any untoward incident.

    The number of OMS centres and BDR outlets, and per head quota, has been increased. Vulnerable Group Feeding and Vulnerable Group Development cards for the rural destitute have been increased. Besides, the allocations for Food for Work Programme, Test Relief and Gratuitous Relief have been increased to strengthen the social safety net.

    The government allocated Tk one billion to generate immediate employment for the rural poor, which had an effect on the market, and the low-income families and fixed-income groups got great relief.


    In contrast, lines in the OMS shops in Philippines, Thailand, Vietnam and many other countries are getting longer every day. The Food and Agriculture Organisation estimated that the world has four to five million tons of cereal stocks that could feed the global population for only 8-12 weeks. A UN study group said that prices of staple foods such as rice, maize and wheat are expected to rise. Since March 2007, prices of rice have soared 76%, for wheat 130% and soya beans 87%.

    Unicef says that the impact of higher food prices is particularly marked in poor countries where 75% of a family’s revenue goes on food, compared to rich countries where just 15% of a household’s income is spent on meals. IMF warned that the price hike of food items could trigger social and political upheavals and security risks.

    World Bank experts say that food price hikes have an effect on poverty in poorer countries, posing challenges in terms of nutrition and hunger. This might make it difficult to attain the targets for human development in the MDGs.

    Thanks God, Bangladesh, being a member of the poor group, has escaped from the forecasted risks for the next 4-5 months at least. The increased potato production and expected bumper Boro (one of the two main rice that grows in Bangladesh, the other is Aman) and maize production, if no natural calamities occur in the next two weeks, gives strength the country to say “no” to the international forecasts.

    The government has taken a good number of steps to sustain the comfortable situation in food production and supply.

    Expecting a record 17.5 million tons of Boro rice this year (previous highest was 16.2 million tons in 2006), harvesting of the crop has started in the haor areas of Sunamganj, Kishoreganj and Netrokona districts. As ensuring fair price at the growers’ level is the best way to raise the morale of the farmers to grow more in the next season, the government has been acting promptly and properly. It has already started procuring Boro rice and paddy from April 16, beginning from Sunamganj district.

    The procurement price for rice has been set at Tk 28 per kg, up from Tk 18 a year ago. It has set a target of procuring 1.2 million tons of rice during the drive and, if needed, it will procure more. During the drive, the government will also buy 0.3 million tons of paddy from growers at Tk 18 per kg. Farmers across the country have been expressing their happiness over the procurement price, as they could make a profit at that price.

    The government considered five aspects in fixing the procurement prices. These are cost of production, farmers’ incentives, consumers’ interest, enhancement of government food stock and market price. The government estimated the production cost at Tk 19.23 and Tk 13.19 for a kg of rice and paddy respectively, which is close to the production cost, Tk 20.80 for a kg of Boro rice on an average, estimated by the Centre for Policy Dialogue.

    According to the government’s estimates, the cost of Boro production went upto Tk 68,928 per hectare this year from Tk 46,115 last year, mainly due to increase in the prices of fertiliser, seeds, irrigation and insecticides. It is expected that the government could achieve procurement targets this time as the prices have been fixed considering 40% profit on production costs.

    Apart from procuring rice and paddy from the local markets, the government has a plan to buy another 1.7 million tons of rice from the global market to build a safe stock, keeping in mind the growing demand and the import in the year as the government imported 1.7 million tons during the first eight months of the current fiscal year. The government warehouses have the capacity to store 1.2 million tons of rice, which could be raised to 1.4 million. The government is planning to utilise vacant warehouses owned by other government departments for food storage.

    The preliminary report of the Agriculture Ministry revealed that a record amount of 8 million tons of potato has been grown this season. It can be used with rice as 100 grams of potato contain 19 grams of carbohydrate. Similarly, it can be used as a vegetable as 100 grams of potato contain 2 grams vegetable proteins, 0.6 gram mineral salts and 2.2 grams dietary fibre.

    A field report says that maize production will also increase by 30%, to 1.20 million tons this year from the last year’s production of over 0.70 million tons. Maize can be used as a substitute for wheat, although western countries are using huge amounts of maize and soya beans for making bio-fuels.

    Due to bumper outputs of Boro, potato and maize, Bangladesh will be an exception in the least developed world upto the next monsoon so far as food is concerned. It will be a Herculean task to sustain this as 1%, that is 80,000 hectares, of agricultural land is being reallocated every year to non-agriculture sectors — rather, we can say, unproductive sectors — and some 5,500 new faces are being added everyday to the country’s population. Steps should be taken to convert country’s 3 million hectares of fallow land into agricultural land.



    Agricultural practices will have to change radically to better serve the situation. For that, investment in agriculture should be enhanced to increase productivity and maintain soil fertility. On-farm resear ould be strengthened. New varieties should be developed to grow crops in saline and drought-hit areas. Products should be diversified on the basis of needs. Farmers should be trained on-the-field regularly. They should be provided with huge incentives, and fair prices of their produce should be ensured. Agriculture should be elevated to a commercial activity from the present sustenance stage through optimum use of land and other resources. Everyone should come forward to achieve this goal.


    Follow on Google News Follow on Flipboard
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link
    Previous ArticleThe Flu – Symptoms, Diagnosis, Treatment of The Flu
    Next Article 3G Technology
    m r
    • Website

    Related Posts

    Allergy-Sinus-Asthma

    Natural Remedies for Allergies – Holistic Relief Solutions

    Apr 19, 2025

    Microcurrent Face Treatment: Sculpt, Tone, and Revitalize

    Jan 28, 2025

    LED Phototherapy Facial: A Revolutionary Approach to Radiant Skin

    Jan 28, 2025
    Categories
    Shop Now
    Newspaper Advertising
    Newspaper Advertising Agency in Bangladesh




    Digital Marketing
    Demo
    Latest Posts
    media Bangladesh

    MediaBangladesh.net Evolves into a Global Multi-Niche Knowledge Hub

    roi-return-of-investment-formula

    Understanding ROI: A Comprehensive Guide to Return on Investment

    SISP শিক্ষা বৃত্তি প্রকল্পের টাকা আত্মসাৎকারীদের সন্ধান দিন

    User Generated Content

    How to Leverage User-Generated Content for Authentic Brand Marketing

    Related Posts
    Allergy-Sinus-Asthma

    Natural Remedies for Allergies – Holistic Relief Solutions

    Apr 19, 2025

    Microcurrent Face Treatment: Sculpt, Tone, and Revitalize

    Jan 28, 2025

    LED Phototherapy Facial: A Revolutionary Approach to Radiant Skin

    Jan 28, 2025

    Ultrasonic Facial Near Me: A Revolutionary Way to Achieve Radiant Skin

    Jan 28, 2025

    How to Ensure Safe and Tasty Water at Home with a Filtration System

    Oct 13, 2024

    Understanding Vitamin D: Deficiency, Symptoms, Treatments, and Supplements

    Oct 13, 2024
    sia seed

    সিয়া সিড: একটি স্বাস্থ্যকর এবং পুষ্টিকর বীজের বিস্ময়

    Aug 13, 2024

    Rejuvenate Your Skin in Minutes: The Benefits of an Express Facial at Lavish Skin By Nelly

    Jul 29, 2024

    Novel Blood Test Provides Insights Into the Role of Epstein-Barr Virus

    Jul 15, 2024

    The Evolution and Importance of Air Purifiers: Enhancing Indoor Air Quality

    Jul 12, 2024
    Our Network

    MediaBangladesh.net is an informative and engaging platform covering a wide range of topics to meet the interests of readers from all walks of life. Our content spans across Business, Health, Food, Internet, Travel, Technology, Sports, Lifestyle, Fashion, Marketing, Education, Pets, Entertainment, Kids, Women, Religion, Art & Culture, Biography, Others, and also features a dedicated section for essential Office Items. Whether you’re seeking knowledge, inspiration, or practical resources, MediaBangladesh.net is your trusted destination.

    Product categories
    • Electronics (980)
    • Home Office Furniture (769)
    • Luggage and Travel Accessories (508)
    • Luggage and Travel Gear (2749)
    • Markers (27)
    • Mobile Phones, Tablets and E-Readers (94)
    • Networking and Cloud Computing (189)
    • Office Equipment and Supplies (5)
    • Office Products (7251)
    • Others (14475)
    • Pen and Ink (126)
    • Pencil (125)
    • Pens (23)
    • Travel (364)
    Menu
    • People
    • Help Line
      • Help Line in Dhaka
      • Thana OC Mobile
      • RAB
      • Jobs Sites
      • Mobile Customer Care
    • International
      • Australia
      • USA
      • UK
      • China
      • Canada
      • India
      • Kuwait
      • France
      • Saudi Arabia – KSA
      • Singapore
      • Italy
      • Japan
      • Malaysia
      • Russia
    • Shop
      • Business Industrial and Science
      • Luggage and Travel Accessories
      • Office Products
      • Arts Crafts and Sewing
    • Food
    • Bangladesh
    • Business & Economy
    • Education Articles
    • Health
    • Technology
    • Women
    • Kids or Children
    • Religion
    • Star Cineplex
    • Cinema Halls | Balaka
    • Internet
    • Sports
    • Radio News
    DISCLAIM

    CERTAIN CONTENT THAT APPEARS ON THIS SITE, COMES FROM AMAZON SERVICES LLC., AN AFFILIATE ADVERTISING PROGRAM DESIGNED TO PROVIDE A MEANS FOR SITES TO EARN ADVERTISING FEES BY ADVERTISING AND LINKING TO AMAZON.COM. THIS CONTENT IS PROVIDED ‘AS IS’ AND IS SUBJECT TO CHANGE OR REMOVAL AT ANY TIME.

    Download Ad Rate APP

    android-app

    Download Media Bangladesh APP

    android app

    Facebook X (Twitter) Instagram Pinterest YouTube LinkedIn WhatsApp
    About
    • About us
    • Privacy policy
    • Cookies Notice
    • Latest
    • Contact us
    • Online Advertising Rates
    • Sitemap
    Shop
    • Shop
    • Luggage
    • Office Furniture
    • Office Products
    • Office Storage
    • Electronics
    • Chairs
    © 2025 Media Bangladesh | www.mediabangladesh.net
    • Home
    • Office Products
    • Bangla Waz
    • Guest Post
    • Newspaper Advertisement

    Type above and press Enter to search. Press Esc to cancel.