This book investigates the theoretical and practical impacts of the government procurement policy on rice producer price in Bangladesh agriculture. The policy, basically, aims at procuring a targeted amount of rice and wheat at predetermined prices in order to protect the producers’ income by stabilizing food prices and to provide foods to specified target-groups of consumers in course of normal time as well as in emergency period. The study conducted econometric analyses with twenty five years data collected from various government and private sources. The empirical finding of the study indicates that the rice producers are unlikely benefited from this policy even in the short run because of the potential caveats in the theoretical model and in its implementation. In effect, government intervention in terms of procuring food-stuffs deserves further review in order to reach its targeted objectives.