Bangladesh Faces Wheat Price Shocks Due to Global Production Decline
The US Department of Agriculture (USDA) has released its latest World Agricultural Production and related commodity reports, indicating a mixed global crop outlook. Global wheat production for the 2026/27 marketing year is projected at 819.3 million tonnes, down from 843.4 million tonnes in 2025/26.
This development raises concerns for Bangladesh, which remains heavily dependent on imports to meet domestic wheat demand. The country's wheat imports are projected at about 7.6 million tonnes in 2025/26, placing it among the world's major wheat-importing nations.
Economist and researcher Dr. Jahangir Alam Khan warned that Bangladesh will have to pay higher prices in international markets if global commodity prices remain high, putting additional pressure on the country's budget and potentially limiting its ability to import sufficient quantities.