Paddy prices fall in haor region as floods force early harvest


FE Team | Published: April 18, 2022 21:10:20 | Updated: April 20, 2022 20:03:17


Paddy prices fall in haor region as floods force early harvest

A fall in paddy prices, compared to the previous year, has frustrated farmers in the haor region after flash floods forced them to harvest the half-grown crops.

Farmers from Kishoreganj, Jamalpur, Netrakona, Habiganj, Moulvibazar, Sylhet, Sunamganj and other districts have started bringing the yields to Ashuganj, one of the largest paddy trade hubs of the country, reports bdnews24.com.

They are also selling paddy at Bhairab Bazar in Kishoreganj on the other side of the Meghna River.

The traders are buying paddy from this Boro season, during which the crops were damaged by floods, at Tk 770 per maund, or around 37.32 kg. Coarse Hira paddy is being sold at Tk 630 to Tk 640 per maund.

The farmers said the current prices are at least Tk 100 less per maund than what they got last year.

 “This will cause us losses. We cultivate paddy by borrowing money. How will we feed ourselves or repay the loans if we don’t get fair prices?” said Shamsul Islam, a farmer from Kishoreganj’s Itna.

Abdul Aziz from Brahmanbaria’s Nasirnaagar said the half-grown crops will yield less rice than usual.

Traders are also frustrated about the quality of paddy. Trader Nannu Mia of Brahmanbaria’s Sarail said: “Paddy is being sold at Tk 700 to Tk 750 per maund, down from Tk 900 to Tk 950 a year ago. This is causing a loss for both farmers and traders.”

Rabiul Haque Majumder, deputy director at the Department of Agricultural Extension in Brahmanbaria, said drought, and a lack of proper irrigation and fertilisation, besides floods, also cause a fall in production.

 “But these things have not happened in all the places of Brahmanbaria,” he said, adding that some more time will be needed before commenting on rice production in the district.

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