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The Ministry of Food has refuted recent claims in a national daily suggesting that Bangladesh is buying U.S. wheat at inflated prices due to government contracts. The ministry emphasized that wheat imports are conducted under a government-to-government (G2G) agreement between Bangladesh and the United States, ensuring full transparency and adherence to international standards. In the first phase, 220,000 metric tons of wheat were imported at $302.75 per ton, followed by the second phase at $308 per ton. Comparisons made with Russian wheat prices in the media were misleading, as U.S. wheat costs include transportation, insurance, and port handling, whereas Russian prices reflect only delivery to the port. U.S. wheat is also nutritionally superior, containing 13.5% protein compared to Russia’s 11%. Considering quality, protein content, and transport costs, the slightly higher price is reasonable. The ministry affirmed that the entire import process remains competitive and fully government-approved.

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