The government was anxious to ensure that farmers received good prices for Boro production, to help ease their pandemic-related financial troubles. As a result, the government procurement target was doubled to 800,000 tons. The procurement price stayed at the same level — Tk1,040 ($12.3) per mound (equivalent to 40kg). Farmers received higher prices for their rice than they did in 2019 — a study by the BRAC Institute of Governance and Development found that farmers received approximately Tk765 per mound from millers — but there was still not enough rice in the market.
The government was anxious to ensure that farmers received good prices for Boro production, to help ease their pandemic-related financial troubles. As a result, the government procurement target was doubled to 800,000 tons. The procurement price stayed at the same level — Tk1,040 ($12.3) per mound (equivalent to 40kg). Farmers received higher prices for their rice than they did in 2019 — a study by the BRAC Institute of Governance and Development found that farmers received approximately Tk765 per mound from millers — but there was still not enough rice in the market.
