Contract Farming in Bangladesh: An Analysis of Current Trends, Benefits, and Challenges

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Contract farming in Bangladesh involves agreements between farmers and agribusiness firms to supply produce under specific terms, fostering market access, technology adoption, and rural economic growth. Agriculture constitutes 14-15% of Bangladesh's GDP and employs 40-45% of the workforce, with key sectors including rice, vegetables, poultry, and shrimp. Contract farming has grown due to demand for high-value crops and processed foods, supported by government policies and private sector...