Prospect of Aman rice procurement (Financial Express)

Financial Express (Bangladesh) published an article stating that the prospect of meeting the just-announced procurement target for Aman this year remains somewhat clouded because of several factors. Notable among them are high prices of rice in the market, possible shortfall in production due to consecutive floods, and dwindling volume of rice stored in the public silos. An IFPRI study, Boro rice procurement in Bangladesh: Implications for policy strongly suggests procurement of more paddy to help offer better prices to the growers. The volume of rice and paddy usually procured by the government in the case of both Aman and Boro is very insignificant, compared to their total production. It would be between 6.0 and 7.0 percent, at best.