Pakistan: Grain and Feed Update

  |   Attaché Report (GAIN)

Contact:

Office of Agricultural Affairs, Islamabad   |   (011-92-51) 208-2275

Planting of the Rabi (winter) wheat crop is expected to get underway in a few weeks. The Government has not announced a revised procurement price, but Pakistani wheat is already among the most expensive in the world and farmers are expected to match the year-ago area that led to a near-record crop. Despite an export subsidy of $120 per ton for up to 900,000 metric tons of wheat, Pakistan’s high domestic wheat price is expected to limit exports to neighboring Afghanistan. Pakistan’s wheat market is currently shielded by a 60 percent import tariff. Rice exports have faded after the robust monthly volumes that started the marketing year, but, with two months to go in the marketing year, appear to be on pace to reach 4.2 million metric tons in 2015/16, down slightly from the previous estimate.

Pakistan: Grain and Feed Update

 

South and Central Asia, Pakistan
Grains, Feeds and Fodders, Rice, Wheat

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