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Sugar production in 2023/24 is forecast at 7.05 million tons, three percent above the 2022/23 estimate. The marginal increase is due to expectations for a recovery in cane area harvested compared to the flood-damaged 2022/23 crop.

As of March 2023, Pakistani authorities still ban genetically engineered (GE) oilseed imports. While they have made some progress in developing a system to allow for GE oilseed imports, uncertainty regarding when that system will be operative clouds the outlook for oilseed imports.

Cotton continues to be the only genetically engineered (GE) crop approved for cultivation and use. Regulatory uncertainty prevents life science companies from seeking approval for any other GE crops, and the National Biosafety Committee is still developing regulations on imports of GE commodities intended for food, feed, and processing.

Due to excellent conditions during harvest, which followed a good growing season, seed cotton collection has progressed well, and deliveries to ginners are far out-pacing last year.