LUBBOCK, TX – The Government of Bangladesh has signed a five-year agreement to purchase 700,000 metric tons of U.S. wheat annually, securing a consistent role for American wheat in the country’s food security planning. The deal was formalized in a Memorandum of Understanding (MOU) signed with U.S. Wheat Associates (USW) during a ceremony held July 20 in Dhaka.
The agreement aims to deepen trade ties with the United States and address the current trade imbalance between the two nations. Senior officials from the U.S. Department of Agriculture and the Bangladesh Ministry of Food attended the event, including U.S. Ambassador to Bangladesh Tracey Ann Jacobson. Joe Sowers, USW’s Regional Vice President for South and Southeast Asia, signed the MOU on behalf of the U.S., while Md Abul Hasanath Humayun Kabir signed for Bangladesh.
Bangladesh has been a periodic buyer of U.S. wheat, importing as much as 450,000 metric tons in the 2019/20 marketing year. Its most recent purchase was 150,000 metric tons of U.S. hard red spring wheat in 2023/24. The new agreement guarantees a higher and more stable volume of annual purchases, offering U.S. wheat farmers reliable demand and reinforcing Bangladesh’s wheat supply chain.
The commitment also reflects Bangladesh’s intention to broaden its sourcing while strengthening relations with the Trump Administration and U.S. agriculture.