Pakistan: Grain and Feed Annual

Pakistan’s soon-to-be harvested 2016/17 wheat crop is forecast at 25.3 million tons, marginally higher from last year’s revised production. The Government has established a procurement target of 6.95 million metric tons, which is expected to raise government-held stocks to around 11 million metric tons at the completion of the procurement season in a few months. Wheat trade estimates are largely unchanged from year to year and Afghanistan remains Pakistan’s sole export market, taking 600,000 metric tons of wheat (in the form of flour). MY 2016/17 rice exports are forecast at 4.2 million metric tons, unchanged from the revised current year estimate. MY 2016/2017 corn production is estimated at 5.2 million tons, four percent higher than MY 2015/16 production. The Government of Pakistan imposes a thirty percent regulatory duty and ten percent customs duty on imports of corn.

Pakistan: Grain and Feed Annual