Capsicum farmers making profit

Industry: Agriculture & Livestock, Agro

During the Robi season, capsicum cultivation in all seven upazilas of Manikganj district has surpassed the set target, according to the Department of Agricultural Extension (DAE). The high market price of capsicum has motivated farmers in the district to cultivate this spicy cash crop. Currently, capsicum is being sold at Tk 110-120 per kg in local markets, and most cultivators have begun harvesting and bringing their produce to market. Harirampur, Shibalaya, and Ghior upazilas are the primary areas where capsicum is grown, accounting for over 80 percent of production in the district.

Farmers in these areas often cultivate capsicum alongside onion as a second crop, utilizing the same land. The recent rainfall has been seen as a blessing, reducing irrigation expenses and potentially leading to bumper production. The harvesting season attracts numerous traders, wholesalers, and retailers who collect capsicum from farmers and distribute it across the country. The surplus production has even allowed for export to European and Middle Eastern countries. The DAE had set a target of cultivating capsicum on 3,291 hectares of land, aiming for a production of 6,615 metric tons, but the actual cultivation has exceeded the target with 3,541 hectares of land being cultivated.

Source for more details:

Related News

Farmers Bear the Most Risk in Agri Chain

May 22, 2025

A recent Bangladesh Bank study reveals that farmers are the primary risk-takers in the agricultural value chain, especially for essential items like rice, potatoes, onions, eggs, and broiler chicken. Conducted across 14 districts, the study attributes price increases mainly to supply shortfalls caused by seasonal factors, reduced cultivation areas, floods, and pest attacks. Unlike intermediaries who secure fixed margins, farmers face fluctuating profits or losses depending on market conditions.

Maize Output Hits 68.84 Lakh Tonnes In FY2023–24

May 21, 2025

In FY2023–24, Bangladesh produced 68.84 lakh tonnes of maize from 6.42 lakh hectares, with FY2024–25 targets set at 71.60 lakh tonnes from 6.51 lakh hectares. Despite high yields of 35–45 maunds per bigha (1 maund ≈ 37 kg), farmers in districts like Lalmonirhat and Rangpur face falling prices—now Tk 28–29 per kg, down by Tk 2–3 from last year—while production costs rose to Tk 11–13 per kg or Tk 14,000–16,000 per bigha.

Tea Exports Surge 58% in 2024

May 13, 2025

Bangladesh's tea exports jumped 57.55% in 2024, reaching 2.45 million kilograms and generating Tk45.96 crore in revenue. This marks a strong recovery from previous years when export volumes had dropped below 1 million kgs.

NAC Bets on Nano Fertilisers and Exports for Growth

April 20, 2025

National AgriCare (NAC), a leading Bangladeshi agrochemical and seed company, plans to invest Tk400 crore across agro, pharmaceuticals, seeds, food, and pesticides by 2027, creating 2,000 new jobs. Tk180 crore will go to its pharmaceutical division, One Pharma, which aims to expand medicine exports to 10 new countries, including Algeria.

Agri Loan Disbursement Falls 6.6%

April 7, 2025

After interest rates were liberalized in May 2024, agricultural loan rates surged to 15–18%, up from a previous cap of 8%, resulting in a notable decline in disbursements. In the first eight months of the current fiscal year, banks disbursed Tk 22,126 crore in agricultural loans, which is Tk 1,565 crore or 6.60% less than the same period last year.

Women-Led SMEs Boost Bangladesh’s Poultry Sector

March 9, 2025

The expansion of women-led SMEs is strengthening Bangladesh’s poultry industry by boosting employment, production, and market competitiveness. On International Women's Day 2025, the Bangladesh Poultry Industries Central Council (BPICC) and the US Soybean Export Council (USSEC) highlighted the need to support women entrepreneurs and ensure adequate nutrition for their sustained contributions.

Related News

Farmers Bear the Most Risk in Agri Chain

May 22, 2025

A recent Bangladesh Bank study reveals that farmers are the primary risk-takers in the agricultural value chain, especially for essential items like rice, potatoes, onions, eggs, and broiler chicken. Conducted across 14 districts, the study attributes price increases mainly to supply shortfalls caused by seasonal factors, reduced cultivation areas, floods, and pest attacks. Unlike intermediaries who secure fixed margins, farmers face fluctuating profits or losses depending on market conditions.

Maize Output Hits 68.84 Lakh Tonnes In FY2023–24

May 21, 2025

In FY2023–24, Bangladesh produced 68.84 lakh tonnes of maize from 6.42 lakh hectares, with FY2024–25 targets set at 71.60 lakh tonnes from 6.51 lakh hectares. Despite high yields of 35–45 maunds per bigha (1 maund ≈ 37 kg), farmers in districts like Lalmonirhat and Rangpur face falling prices—now Tk 28–29 per kg, down by Tk 2–3 from last year—while production costs rose to Tk 11–13 per kg or Tk 14,000–16,000 per bigha.

Tea Exports Surge 58% in 2024

May 13, 2025

Bangladesh's tea exports jumped 57.55% in 2024, reaching 2.45 million kilograms and generating Tk45.96 crore in revenue. This marks a strong recovery from previous years when export volumes had dropped below 1 million kgs.

NAC Bets on Nano Fertilisers and Exports for Growth

April 20, 2025

National AgriCare (NAC), a leading Bangladeshi agrochemical and seed company, plans to invest Tk400 crore across agro, pharmaceuticals, seeds, food, and pesticides by 2027, creating 2,000 new jobs. Tk180 crore will go to its pharmaceutical division, One Pharma, which aims to expand medicine exports to 10 new countries, including Algeria.

Agri Loan Disbursement Falls 6.6%

April 7, 2025

After interest rates were liberalized in May 2024, agricultural loan rates surged to 15–18%, up from a previous cap of 8%, resulting in a notable decline in disbursements. In the first eight months of the current fiscal year, banks disbursed Tk 22,126 crore in agricultural loans, which is Tk 1,565 crore or 6.60% less than the same period last year.

Women-Led SMEs Boost Bangladesh’s Poultry Sector

March 9, 2025

The expansion of women-led SMEs is strengthening Bangladesh’s poultry industry by boosting employment, production, and market competitiveness. On International Women's Day 2025, the Bangladesh Poultry Industries Central Council (BPICC) and the US Soybean Export Council (USSEC) highlighted the need to support women entrepreneurs and ensure adequate nutrition for their sustained contributions.

BUSINESSMONITOR

Connect with


Dont Have Account? Please register Here