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

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...