:. Food Industry News


Bangladesh Army Chief Says Country Risks Rice Catastrophe (DJ)

Source: Dow Jones Newswires
03/01/2008

London, Jan. 3 - The chief of the Bangladesh army says the country is facing a catastrophe over tight rice supplies, the BBC reports on its Web site Thursday.

Daily News Alerts

Gen Moeen U Ahmed said that he was "very concerned" about the problem which he said must be redressed immediately. Rice is the staple diet of most Bangladeshis, but this year crops have been damaged by heavy monsoon rains.

In addition, prices have risen which he blamed on the global market - India recently raised its price to $500 a metric ton from $425 a ton, the army chief said. Higher transportation costs have also been blamed for the rise, following a damaging monsoon and the aftermath of November's cyclone.

The government says that it is taking measures to tackle the problem, and three ships carrying 107,000 tons of rice arrived at Chittagong - the country's main port - Thursday.

It says that another ship with 10,000 tons of rice will reach the port on Friday and that several more rice-carrying vessels have booked berths for the next two weeks.

Officials say that the government currently has about 600,000 tons of food grains, and that a minimum stock of 1 million tons is needed to meet emergencies such as November's cyclone which killed over 3,300 people and left millions homeless.



GO   View more articles on this subject


More Alerts from 04/01/2008


Email This Article To A Colleague     Print A Copy Of This Page
 
 
 
 
FLEXNEWS - Business News for the Food Industry

About Us | Contact Us | Terms & Conditions | Privacy Policy
 
Daily News Alerts
Related Items
Bangladesh Lifts Ban on Exports of Fine Rice
Bangladesh Importers Want India to Cut Wheat Prices...
Bangladesh Summer Rice Crop Set to Exceed Target
Bangladesh Bans Rice Exports to Curb Prices
Bangladesh Bans Rice Exports until Next April
Bangladesh Food Grains Output Set to Rise 20 pct
Rice Sales Make India Bangladesh's Top Import Source
Bangladeshis Told 'Eat Potatoes' as Rice Prices Soar
Bangladesh Bans Rice Exports for 6 Months (DJ)
Bangladesh Urges India to Reduce Export Cost of Rice

More in Food Industry News
USA: Kehe Food Distributors Opens New Centre in Pennsylvania
Russia Duma Passes Beer Tax Hike in First Reading
Bongrain's Slowdown in Cheese Sales Continues as Group's...
Cadbury Descendant Fears Loss of Firm's UK Heritage
Sugar, Coffee Sideways, Eye Storm in Nicaragua
Ahold Set to Benefit Whether Predator or Prey
First UTZ CERTIFIED Cocoa to Be Delivered in Amsterdam,...
GLG Life Tech to Offer 3.6 Mln Shares for US IPO
Sainsbury H1 Profit Seen up 16 Percent, H2 Tougher
EU to Fight for Tuna Protection at Global Talks

Top Headlines
USA: Kehe Food Distributors Opens New Centre in Pennsylvania
Russia Duma Passes Beer Tax Hike in First Reading
Bongrain's Slowdown in Cheese Sales Continues as Group's...
Ahold Set to Benefit Whether Predator or Prey
GLG Life Tech to Offer 3.6 Mln Shares for US IPO
Sainsbury H1 Profit Seen up 16 Percent, H2 Tougher
UK: Continual Growth at Graham's The Family Dairy During...
Ajinomoto H1 FY09 Net Income Increases
Hain Celestial Reports Lower-than-Expected Quarterly...
AarhusKarlshamn's Food Ingredients Quarterly Operating...
SunOpta Q3 Revenue Drops 11.8%
Jones Soda Sees Revenue Decrease of 18% in Q3
UK: Tate and Lyle's Pre-tax Profits £112 Million...
Cha Dao Tea of Seattle Partners with BYB Brands
Coca-Cola Bottling Co. Consolidated Sees Income Growth...
California Pizza Kitchen Profit Up, Forecast Light
Starbucks Raises Outlook as Turnaround Signs Mount
Senomyx Quarterly Revenue Increases 3%
China: Yayi International to Build China's Largest...
Discovery of Pesticide Amitraz in Turkish Pears: EU...
Dr Pepper Snapple Profit Tops View
Sara Lee Reports Strong Fiscal 2010 First Quarter;...
Ahold Gears Up for M&A with Management Rejig
ICA AB Interim Report 2009: Net Income up 7.5 Percent
Process for Preparing a Highly-Soluble Cocoa Extract
Methods and Compositions for Improving the Nutritional...


 


FLEXNEWS 2009 - All rights reserved
ISSN 1950-6228