Bangladesh soybean imports to recover in 2023/24


An improving economy will boost Bangladesh’s soybean imports in MY2023/24. The USDA forecast imports to rise to 2.4mt from 1.6mt in 2022/23. Bangladesh only grows 5% of its total soybean requirement. Imports were down 41% in 2022/23 due to high international prices and a forex crisis in the country...

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