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Refined sugar production is forecast at 6.5 million metric tons (MMT) for marketing year 2018/19 (MY Oct/Sept), down 12 percent from the current year’s estimate of 7.4 million metric tons....
Pakistan’s did not renew the 2018 subsidy on wheat exports, announced earlier this year ($159 per metric ton), that expired on June 30.
Pakistan’s 2015/16 cotton production is forecast at 9.2 million 480 lb bales, down 800,000 from the previous estimate, and the lowest level since 2010.
Planting of the Rabi (winter) wheat crop is expected to get underway in a few weeks.
Sugar production is forecast at 5.4 million metric tons, up slightly from a year ago.