Bangladesh’s summer rice output may hit 19.7 MMT.

Bangladesh’s rice output from the summer crop is likely to hit 19.7 million tonnes, exceeding the target of 19 million tonnes, as farmers raised acreage to cash in on higher prices. Bangladesh’s rice output from the summer crop is likely to hit 19.7 MMT, exceeding the target of 19 million tonnes, as farmers raised acreage to cash in on higher prices. The South Asian country emerged as a major rice importer in 2017 after floods damaged its crops, sending domestic prices to record highs. Despite some losses due to heavy pre-monsoon rains, the summer crop will surpass the target, based on information from the fields.