The revised price is higher than what most farmers received during the last harvest.
In a recent report, the Foreign Agricultural Service (FAS) of the US Department of Agriculture noted the potential for US corn sales in Bangladesh due to price competitiveness in marketing year 2025-26.
Despite the recent monthly declines, the FAO noted that for the full year 2025 the FFPI averaged 127.2 points, up 4.3% from the 2024 average
maize imports declined to about 947,100 tonnes from 1.5 million tonnes imported over the same period in 2024.
The Monkey Bay incident has reignited debate around Finance Minister Joseph Mwanamvekha’s recent projection that maize prices could fall to below K20,000 per 50kg bag (US$ 12) by August this year.