Maize making its mark In Lalmonirhat

Industry: Agriculture & Livestock, Agro

Over the past three decades, maize cultivation has become widespread in Lalmonirhat due to the increasing demand for the grain among feed millers, which provides farmers with a guaranteed market and profitable returns. Improved seed availability has enabled farmers to produce 10-12 metric tonnes of maize per hectare, making it three times more profitable than other crops. This shift has resulted in maize becoming a significant cash crop across the country. In the current financial year, farmers have cultivated maize on over 14 lakh acres, compared to 4.87 lakh acres a decade ago. The high demand for maize has led to advance payments from buyers, such as poultry feed manufacturers, directly to farmers.

Maize cultivation has become particularly popular along riverbanks and char lands due to its higher yields compared to other crops in those areas. Currently, around 5 lakh farmers grow maize on approximately 5.50 lakh hectares of land in Bangladesh, with each hectare yielding up to 11 tonnes of maize. The increasing profitability and lower risks associated with maize cultivation have attracted more farmers to engage in its cultivation, leading to financial stability. Despite the growing cultivation, 20 to 30 percent of the domestic demand for maize is still met through imports. However, if the current expansion rate of 10 percent annually continues, Bangladesh may become self-sufficient in maize production within a few years.

 

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