Pakistan: Grain and Feed Update

Based on the latest official estimate, Pakistan’s 2017 wheat production was 25.7 million metric tons, the second largest harvest on record. Despite successive near record harvests, Pakistan is isolated from the international wheat market because its high domestic wheat prices – a result of its high government procurement prices. Expectations that rice prices would moderate following Ramadan have not materialized and domestic rice prices remain high relative to competing suppliers. As a result, 2017/18 rice exports are expected to be lower at 3.6 million metric tons. 

Pakistan: Grain and Feed Update