Bangladesh’s commerce adviser said there will be no crisis in quality jute seeds this season, giving farmers and millers a clear reason to feel more secure after recent market worries. The adviser spoke at a meeting with leaders of the Bangladesh Jute Spinners Association at the commerce ministry, where participants discussed ways to keep seed supplies steady and stop unfair practices that hurt farmers and buyers. Spinners had reported that illegal stockpiling by some traders had pushed up jute prices and made the market unstable, and they urged the government to act quickly so genuine growers would not lose out. The adviser said measures were already in place to resolve the problem and that the government would adopt a zero tolerance approach to hoarding, adding that legal steps would soon be taken in four major jute producing districts. Those moves aim to make jute seed available at fair prices and to protect small farmers who depend on a steady supply for planting. Officials and industry leaders agreed that clear rules and quick action are better than long delays, and they asked for better monitoring of warehouses, stronger checks at markets, and faster response when hoarding is found. The meeting also looked at ways to improve seed quality and distribution so farmers can get reliable seed that grows well and yields good fibre. Industry groups said the government could back this by running seed tests, helping with timely deliveries, and sharing information about fair prices so buyers and sellers can plan. Farmers who plant jute need to trust seed will be there when they need it, and the adviser’s assurance is meant to help them plan their crops and manage costs without fear of sudden shortages. Experts noted that tackling stockpiles will help the whole jute chain, from farms to spinning mills and exporters, by easing pressure on prices and encouraging honest trade. Practical steps discussed included targeted checks on suspected stockpiles, quick legal action where hoarding is found, and better coordination between market inspectors and the commerce ministry so problems are spotted early. Speakers also suggested short awareness campaigns to tell farmers and traders how to report hoarding and use official channels for buying seed. Many said they would share local data and test small pilot plans to help officials learn quickly. Local extension officers can share regular updates on stocks and prices, and if early actions work the approach could be used for other crops that face hoarding and sudden price swings. The overall message from officials was calm and action: with legal measures, better checks, and clearer information, seed market should stay steady and farmers should be able to plant on time, helping incomes, mill supply and trade.
