Food grain production is expected to increase, thanks to growth in boro rice output. Photo: Star
Food grain production may increase more than 1 percent to 3.55 crore tonnes at final count for fiscal 2013-14 from 3.51 tonnes a year earlier, the food ministry said in a report.
The food ministry, citing the Department of Agricultural Extension (DAE), linked the growth in overall cereal output mainly to increased boro rice production.
Boro cultivation area slightly exceeded the target, reaching 4.8 million hectares, the food ministry said in its June issue of the food situation report.
“The boro season also experienced favorable weather conditions. DAE is expecting the crop production target to be comfortably achieved," it said.
The DAE set a target for production of 1.89 crore tonnes of boro rice for fiscal 2013-14, up from 1.87 crore tonnes of actual production the previous year.
Bangladesh Bureau of Statistics is expected to release the most recent boro production estimate soon.
However, DAE is likely to fall short of its overall food grain production target of 3.59 crore tonnes for fiscal 2013-14 owing to less than expected production of aus and aman.
The food ministry report, using a price monitoring model, also said wholesale prices of coarse rice are likely to stay at Tk 29.5 and Tk 33.3 a kilogram between July and September.
"The current year's prices were lower than the prices of earlier years and the difference decreased in the later period," it said.
The price of wheat is also expected to remain between Tk 22.5 and Tk 25.4 a kilogram.