Bangladesh to throw ban out of the window as country expects good rice production
Bangladesh has taken back a ban on the export of aromatic rice, an official said.
The move comes after predictions of good weather came to light, meaning that a large stock of rice will be produced.
The Ministry of Food and Disaster Management official reportedly said that the government’s Food Planning and Monitoring Committee made the decision as the country now has enough rice to export to other countries.
The Agriculture ministry data showed that the country’s total food grain production between July 2010 and June 2011 was 34.5 million tons against the target of 35.7 million tons.
The ministry said that huge rice production is expected, unless the country faces any calamities during the winter season, which is when rice cultivation takes place, with irrigation during November to May.
Rice is often grown in waterlogged low-lying or medium lands and farmers have already cultivated seedlings on about 5 million hectares of land.
The set target of food grain production between July 2011 and June 2012 is expected to be 35.78 million tons.
The country imposed the restrictions in May 2009, due to bad harvest.