Tag: Wheat

Lahore - Wheat procurement campaign, to procure 4.7 million tonnes this year, has started all across Punjab. "Food Department of Punjab would procure 3.5 million tonnes of wheat, while the Pakistan Agriculture Storage and Services Corporation (PASSCO) would acquire 1.26 million tonnes of the commodity during the current season," Wheat Development Commissioner in the Ministry of Food and Agriculture (MinFA) Dr Shakeel Ahmad Khan said. Total wheat procurement target for the year 2010-11

LAHORE - The floods of last years, despite wreaking havoc, had left the agriculture lands more fertile and the farmers hopeful of yielding bumper wheat crop this year. But experts seem to be wary of the recent wet spell in southern Punjab which they believe could hamper the standing wheat crop. Before recent rains, it was being expected that Pakistan could harvest over 24 million tonnes of wheat crop.
Speaking to Pakistan Today on Monday, chairman of Agri Forum Pakistan Ibrahim

KARACHI - The Sindh government has procured 19,744 metric tonnes (MT) of wheat by the 7th of this month from 15 districts against its target of 1.3 million MT for the year 2010-11 - an indication that the province could be headed towards a wheat shortage crisis. The procurement process in the province had started on March 25.
According to details, the government has acquired 5,456MT wheat from the Hyderabad region against the target of 265,000MT. This includes 3,666MT from

KARACHI - The Sindh government has procured 19,744 metric tonnes (MT) of wheat by the 7th of this month from 15 districts against its target of 1.3 million MT for the year 2010-11 - an indication that the province could be headed towards a wheat shortage crisis. The procurement process in the province had started on March 25.
According to details, the government has acquired 5,456MT wheat from the Hyderabad region against the target of 265,000MT. This includes 3,666MT from

LAHORE - The Federal Minister for Food and Agriculture Mir Israrullah Zehri has said that transparency and just mechanism will be ensured, while complete arrangements have been made to protect rights of small farmers during the wheat procurement drive 2011.
He made these remarks at Pakistan Agricultural Storage and Services Corporation (PASSCO) head office after an official briefing here on Saturday. He said that PASSCO would procure 1.3 million tonnes of wheat from the current

ISLAMABAD - Bumper wheat harvest of over 24 million tonnes is expected during the current crop season in comparison to 22 million tonnes required for domestic consumption. Wheat Ministry of Food and Agriculture (MinFA) Development Commissioner Dr Shakeel Ahmad Khan has said that crop harvesting was in full swing in Sindh where over 115,000 tonnes of the commodity has been procured.
He informed that the harvesting has also started in Punjab Province where as the procurement

LAHORE - The Pakistan Agricultural Storage and Services Corporation (PASSCO) is all set to launch 'Wheat Procurement Campaign 2011' from the last week of April. The corporation has fixed a wheat procurement target of 1.3 million tonnes out of the national wheat procurement target of 6.5 million tonnes set by the Ministry of Food and Agriculture (MINFA). PASSCO Managing Director Major General Sohail Shafqat unveiled the wheat procurement programme while addressing members of the

LAHORE - The Punjab Food Department has sold over 0.8 million tonnes of wheat for export while agreements have been signed for the sale of more wheat to exporters. Out of 6.6 million tonnes wheat in stocks from procurement of 2010-11, the Punjab Food Department has so far sold over four million tonnes of wheat helping the department to pay back the loans against it and creating room for the storage of wheat to be procured in current season.
Provincial Food Minister Chaudhry

FAISALABAD - The Punjab government, after protests from formers, has approved payment of delivery charges of Rs 7 per bag to the farmers during the upcoming wheat procurement program but the confusion over imposition of 17 percent GST on wheat still exists ahead of the procurement schedule starting from April 20. Earlier, Kissan Board Faisalabad officials and farmers staged protests in Samundary, Tandlianwala, Chak Jhumra and other places against the cancellation of delivery charges

LAHORE - The Bank of Punjab (BOP) has arranged financing for wheat procurement on behalf of Government of Punjab since 2003. As a result of personal interest taken by Punjab chief minister, efforts towards food self sufficiency have gathered pace. Last year, the Bank of Punjab, under directive of Chief Minister Punjab arranged financing of Rs 51 Billion through a consortium of Private Commercial as well as Islamic banks.

ISLAMABAD - The Economic Coordination Committee (ECC) of the Cabinet, on Monday, allowed the Pakistan Agriculture Storage and Supplies Corporation (PASSCO) to sell 200,000 tonnes of wheat for export, disallowed institutional investment in the national savings schemes and set up a committee to decide on a subsidy worth Rs 4.6 billion to farmers on 225,000 tonnes of imported urea.
The ECC meeting was held under the chairmanship of Finance Minister Dr Abdul Hafeez Shaikh on Monday.

LAHORE - Punjab Chief Minister Shahbaz Sharif presided over a meeting of the provincial cabinet at Chief Minister's Secretariat on Saturday that gave approval to the Wheat Procurement Policy 2011, Parks and Horticulture Authority Act 2010, Punjab Semen Quality Control Act 2010 and amendment in Punjab Entertainment Duty Act 1958.
The chief minister said the wheat procurement target of 40 lakh metric tons had been set. He said that the wheat procurement drive would be started from

GUJRANWALA - The Food Department will procure 400,000 metric tons of wheat this year and the provincial government's procurement guidelines policy implemented in the province, said Punjab Food Director Najam Ahmad Shah on Saturday.
While presiding over a meeting of the district coordination officers (DCOs) and officers of the food department from all the six districts of the Gujranwala division, the Punjab food director warned there was no room for negligence or corruption at any

ISLAMABAD - Pakistan is expected to produce at least 25 million tonnes of wheat in the 2010/11 crop, Finance Minister Hafiz Shaikh said on Friday, higher than the initial estimate.
"We are expecting that our wheat crop this year will cross 25 million tonnes," he told reporters.
Pakistan was expecting to produce 23.5 million tonnes of wheat against a targeted 25 million tonnes because of massive floods in the country last year. But Shaikh said the country would surpass its

FAISALABAD - The provincial government has set a purchase target of 3.5 million metric tons of wheat from the farmers this year, said Punjab Food Secretary Irafan Elahi during his visit to Faisalabad.
"All the arrangements have been finalised to start the wheat procurement campaign from April 20," he announced. The food secretary said the government purchase price for 40 kilograms of wheat was Rs 950. He confirmed the food department had completed the preparations to arrange

KARACHI - The local wheat exporters are playing with fire and endangering Pakistan's reputation as an exporter by chartering vessels which are also used for the transportation of potentially hazardous cargoes like fertiliser and cement.
One such vessel had to wait at least for four to five days at the outer anchorage of Karachi Port after the consignee surveyors declared, what a stevedoring official called, 'dirty' hatches unfit for loading the edible commodity. Sources privy to

ROME - The Food and Agriculture Organisation (FAO) said on Wednesday that Pakistan could expect a good wheat harvest despite severe flooding last year as seeds distributed to flood victims begin to ripen.
"FAO spent $54 million of international donor funding buying and distributing quality wheat seeds as part of its emergency intervention that began last August," the Rome-based UN agency said in a statement. "Once the harvest is completed, this donation will have produced a crop