Bangladesh: Food Ministry asked to formulate procurement policy that benefits farmers

27 May 19: There seems to be no end in sight to the woes of farmers over low paddy prices. Neither the government nor traders and millers have gone for any big purchase drives. Though the government has fixed a Tk1,040 support price for each maund (40 kgs) of paddy, farmers across the rice-growing zones in the country are still reporting market prices as low as Tk600.  According to Food Ministry statistics in the first one month of public food grain procurement drives, the government bought less …