Bangladesh Crisis Hits Bihar Maize Prices, Farmers Forced to Sell at Lower Rates
The ongoing crisis in Bangladesh has had a major impact on maize prices in Bihar, leaving farmers under severe financial stress. Bihar, one of India’s leading maize-producing states, has seen prices drop sharply due to reduced exports and weak demand from across the border.
In 2024, maize prices had reached ₹2,700 per quintal, encouraging farmers to store their produce in the hope of better returns. However, current market conditions have pushed prices down to nearly ₹1,800 per quintal, making it difficult for farmers to recover their production costs. Many traders are unwilling to buy maize, forcing farmers to either sell at low rates or hold unsold stock.
Around eight lakh farmers in Bihar depend on maize cultivation. The crop is widely used in poultry feed, starch production, ethanol manufacturing, cattle feed and food processing industries. Key maize-growing districts include Purnia, Katihar, Khagaria, Araria, Madhepura, Saharsa, Begusarai and Samastipur.
Bangladesh has traditionally been a major export market for Bihar’s maize. Disruptions in trade due to the crisis have resulted in excess supply in domestic markets. Government officials said discussions are underway to explore procurement options to stabilise prices.
During 2023–24, Bihar produced 57.09 lakh tonnes of maize, ranking first in the country. Despite this achievement, farmers now face uncertainty due to falling prices.
