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- (-) September 2024
- (-) February 2023
- (-) Pakistan
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With the outlook for the sugar industry largely unchanged from the previous report, no significant changes are made to the supply and demand tables.
No significant changes were made to the 2024/25 wheat supply and demand forecasts. Wheat imports and exports remain banned. The 2024/25 rice production forecast is unchanged at a record 10 million tons.
Due to the recent ban on genetically engineered (GE) commodity imports, the 2022/23 soybean import forecast is reduced from 2.5 to 1.2 million tons. With the lower expected soybean imports, 2022/23 crush and soybean meal output is reduced accordingly.
The 2022/23 cotton import forecast is reduced from 5 to 4.5 million bales due to the problems importers are facing in financing imports. Since December 2022, Pakistan’s shortage of dollars has hindered cotton importers’ ability to fulfill payment...