Farmers of Shitli Hasna village in Mohadebpur upazila said the price of per maund jute was Tk 800-900 three years back which increased to Tk 1,400-1,500 last year, and it is now selling at Tk 1,800-2,000 per maund.
They are now making a profit of Tk 6,000-7,000 from per of bigha jute, said the farmers.
Some wholesale buyers of jute said they are buying jute from farmers at Tk 1,800-2,000 per maund and they will sell it to mills at Tk 2,100-2,300 per maund.
DAE deputy-director Monojit Kumar Mallik said many farmers could not plant seedlings for heavy rainfall at the beginning of the season, which is the main reason behind the fall in jute farming.
If the weather remains favourable, the production will get a boost next year, hoped the official.