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The Government of Pakistan has increased the tariff on wheat imports from zero to twenty percent.
The bill amending Pakistan’s 1976 Seed Act has cleared the first step of the legislative process.
The soon-to-be-harvested sugarcane crop was largely unaffected by recent flooding.
Recent floods damaged an estimated 80,000 hectares of cotton area, a small fraction of Pakistan’s 3.1 million hectares of cotton.
The Government of Pakistan has announced a seed cotton support price of 34 cents per pound for the upcoming harvest, a significant increase over the prevailing farm price of 26 cents per pound.
Pakistan’s 2014/15 cotton production is forecast 500,000 480 lb bales higher at 10.0 million bales.