Traders at North Badda rice market gave a similar account. “But the farmers are making profits as paddy prices have also increased,” said Tarique Anam, a sales manager at Rashid Rice Agency. He said the millers produce Miniket rice generally from the Boro harvest. The government procurement of rice at Tk 36 per kg from the farmers drove the paddy market up as well, Naogaon Rice Mill Owners Association President Rafiqul Islam told bdnews24.com. Rice prices skyrocketed for the last time for months from mid-2017 after devastating floods at the low-lying backswamps.

Source: bd News24 January 04, 2019 23:15 UTC