With wheat flour prices crossing Tk 60 per kilogramme (kg) by the end of last week, the Food and Agriculture Organisation (FAO) maintained its price warning level for the second most consumed grain at “high” in Bangladesh.
Bangladesh’s overall wheat consumption is likely to drop 10 per cent to 69 lakh tonnes in the marketing year of 2022-23 as high market prices and lower supply of wheat and wheat flour are reducing consumer demand, according to the US Department of Agriculture (USDA).
The price of wheat in Bangladesh may come down as its export from Ukraine has resumed following an agreement with Russia.
With wheat flour prices crossing Tk 60 per kilogramme (kg) by the end of last week, the Food and Agriculture Organisation (FAO) maintained its price warning level for the second most consumed grain at “high” in Bangladesh.
Bangladesh’s overall wheat consumption is likely to drop 10 per cent to 69 lakh tonnes in the marketing year of 2022-23 as high market prices and lower supply of wheat and wheat flour are reducing consumer demand, according to the US Department of Agriculture (USDA).
The price of wheat in Bangladesh may come down as its export from Ukraine has resumed following an agreement with Russia.
