potato
Bumper harvest, plunging prices; Chandpur’s potato market in crisis
Rows of unsold potato sacks in Chandpur’s cold storages reflect a season of deepening losses, turning what was once a lucrative crop into a source of financial despair for thousands of farmers.
In local markets, old potatoes are fetching as little as Tk 7–8 per kilogram, well below production and storage costs, leaving farmers with little incentive to withdraw their stored produce, locals said.
Outstanding dues for seed potatoes purchased on credit last season remain unpaid, while storage fees continue to accumulate, they said.
Agriculture officials said the district’s 56,860 potato farmers are concentrated mainly in Chandpur Sadar, Matlab South, and Kachua upazilas, where some 5,000 hectares are under potato cultivation.
Read more: Delays push up cost of seed potato project to Tk 1,138.74 crore
Despite the market downturn, they said, planting continues, though many farmers have scaled back their operations in response to last season’s losses.
“The absence of syndicates this season has kept potato prices low,” said Mobarak Hossain, officer at the Department of Agricultural Extension (DAE).
“Last season, syndicates pushed prices up to Tk 80 per kilogram. That situation does not exist this year,” he said.
The ripple effect is felt throughout the supply chain. Cold storage operators in Kachua upazila are struggling as farmers hesitate to withdraw their produce.
Mangal Khan and Yasin Mia, managers of local facilities, said that with market prices so low, even selling the stored potatoes fails to cover storage costs.
A bumper harvest last season exacerbated the problem. Good-quality old potatoes now sell for Tk 8–10 per kg, while new potatoes are priced around Tk 20 per kg. Farmers who invested heavily are counting losses.
“I produced 100 maunds of potatoes and made no profit at all—everything turned into a loss,” said Bachchu Miji, a grower and trader at Bakila Bazar in Hajiganj upazila. Others, including farmers from Shah Mahmudpur in Chandpur Sadar, echoed his frustration.
Hanif Patwary, whose 33 sacks of potatoes stored at Baborhat BSCIC cold storage sold for just Tk 3,000 per 50 kg sack, said, “After suffering such losses, I will not cultivate potatoes again.”
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The situation is mirrored in Kachua upazila, where more than half of stored potatoes remain in cold storage past the usual withdrawal period of November–December, frustrating both farmers and storage operators.
Meanwhile, the prices of other vegetables have also softened. Beans, snake beans, bitter gourd, and carrots now sell at Tk 60 per kg, and tomatoes at Tk 40 per kg, down from Tk 90–120 per kg just two weeks ago.
Despite the downturn, potato planting continues in Chandpur Sadar, Haimchar, Kachua, and Matlab upazilas, with some farmers reducing cultivation areas due to past losses.
Shamsul Islam of Bagadi and Ismail Hossain and Suruj Mia of Dhanpardi said they planted on smaller plots, wary of another season of poor returns.
New potatoes arriving from Munshiganj have further driven prices down, falling sharply from Tk 70 to Tk 20 per kg, boosting consumer demand. Currently, 5 kg of new potatoes sell for Tk 100, while 10 kg of old potatoes go for Tk 50–60.
Chandpur’s 10 operational cold storages are holding 80,169 tonnes of potatoes against a maximum capacity of 80,250 tonnes, according to Mobarak Hossain.
Abu Taher, Deputy Director of DAE Chandpur, said the cultivation target for the current season has been set at 7,200 hectares, down 1,000 hectares from last year, citing farmers’ discouragement and mounting debts.
“Farmers are naturally drawn to crops that guarantee fair prices. While about 4,000 hectares are already under potatoes, the focus is shifting to crops that ensure financial returns,” he said.
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For Chandpur’s potato farmers and storage operators, the coming months will be critical, as the market continues to weigh on livelihoods and investment decisions, according to the officials.
14 days ago
Potato growers stage demo demanding fair price of potato in Rangpur
Vehicular movement on Rangpur-Kurigram Highway was disrupted for an hour as potato growers on Monday staged demonstration spreading potatoes on road demanding fair prices at Satmatha Highway in Rangpur city.
The farmers alleged that they spent Tk 11 to Tk 13 per kg of potato as production cost but currently, per kg potatoes are being sold at Tk 8 and Tk 9.
READ: Bangladesh to supply potato to Russia, says Russian Embassy
Ziaul Islam, a trader said the farmers are counting a loss due to unfair price of potatoes and the government should look into the matter.
They also demanded to take steps as potatoes can be exported in different foreign countries.
The vehicular movement on the Highway came to normal after one hour after police intervention.
3 years ago
Bangladesh to supply potato to Russia, says Russian Embassy
The Federal Service for Veterinary and Phytosanitary Surveillance of the Russian Federation has removed previously imposed restrictions and resumed the import of potato from Bangladesh, says the Russian Embassy in Dhaka on Monday.
The decision has been made based on the information provided by the competent Bangladeshi authorities responsible for quarantine and protection of plants, about the measures taken to prevent violations of the phytosanitary requirements of the Russian Federation and the Eurasian Economic Union member states.
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The issues were discussed during the meetings of Ambassador of Russia to Bangladesh Alexander Mantytskiy with Commerce Minister Tipu Munshi as well as Agriculture Minister Dr Muhammad Abdur Razzaque concerning the expansion of the Bangladeshi export range of products, said the Embassy.
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3 years ago
Govt stares at potato glut; plans to boost export
Aiming to give a boost to potato exports, the government has decided to provide all sorts of support for its export and processing as the crop’s annual production surged past one crore metric tonnes in the country.
“Over one crore tonnes of potato are produced annually in Bangladesh. But we need to import potato chips and pringles at high prices. Local firms will have to produce quality chips, pringles and French fry processing potato with added values,” said Agriculture Minister Dr Muhammad Abdur Razzaque on Sunday.
The minister said this while addressing a views-exchange at the Bangladesh Agricultural Research Council (BARC) auditorium over the enhancement of potato-processing.
4 years ago
Govt fixes potato price at Tk 35/kg
The government on Tuesday fixed the price of potato at Tk 35 per kg in the retail market and Tk 30 per kg at the wholesale level.
5 years ago
TCB to start selling potato at Tk 25 per kg: Commerce Minister
Commerce Minister Tipu Munshi on Sunday said the Trading Corporation Bangladesh (TCB) will start selling potatoes at Tk 25 per kg through truck sales.
5 years ago
Agriculture Minister eyes export potential of potatoes
Agriculture Minister Dr Muhammad Abdur Razzaque on Saturday urged the farmers to cultivate those varieties of potato which have overseas demand.
5 years ago