date:Feb 27, 2014
government buys rice and wheat from local farmers to ensure a support price for them and builds stocks for welfare programmes and to meet any emergency needs. Its reserves have fallen to nearly 900,000 tonnes, the lowest in five years, from 1.4 million tonnes a year ago.
Although it did not import rice over the last two years, Bangladesh was ranked as the fourth-largest importer of the grain by the U.S. Department of Agriculture in 2011, with a volume of 1.48 million tonnes.
The state grains b