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Pakistan’s marketing year 2016/17 cotton production is forecast at 9.0 million 480 lb bales, an improvement over 2015.
Pakistan’s MY 2016/17 vegetable oil imports are forecast to be a record 3.3 million metric tons, up 9.6 percent from a year ago.
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.
In recent years, India’s exports have demonstrated phenomenal growth – especially to developing countries, which now account for nearly 80 percent of Indian exports.
For the fifth consecutive year, flooding is occurring in Pakistan as crops are ready for harvest.
Pakistan’s 2014/15 cotton production is forecast 500,000 480 lb bales higher at 10.0 million bales.