Tag: Wheat

SAHIWAL - The Punjab government will start wheat procurement campaign in the province from 17th of next month during which 3.5 million metric tons wheat will be procured mainly from small farmers to ensure financial benefits to them. During this campaign, 423,000 metric tons wheat will be procured from Sahiwal division, including 171,000 tons from district Sahiwal, 160000 from Okara and 92000 metric ton from district Pakpattan.
A meeting was held at the commissioner's office

KARACHI - Cash-strapped governments of Punjab and Sindh, exporting millions of tonnes of excess wheat through the private sector to fulfill their budgetary needs, have announced a subsidy of Rs 600 per tonne on expedited exports of the commodity.
The conditional subsidy would, however, be given on those consignments that would have been dispatched before April 30, 2011, eve of the next wheat procurement season. If calculated on the basis of given initial export target of three

LAHORE - Punjab Food Department has finalised the arrangements to procure 3.5 million metric tonnes of wheat worth Rs 85 billion directly from the growers through 380 procurement centres across the province. Punjab Food Secretary Muhammad Irfan has said that the Food department would launch the procurement drive from April 17 to continue it till the target is achieved.
"Nearly 380 procurement centres have been established in wheat growing areas in the province. This number can be

LAHORE - Average production of wheat crop in Punjab province is only one third of its potential. The yield can be doubled within a few years by reestablishing linkages between agricultural education, research and extension activities.
This was stated by Vice Chancellor University of Agriculture Faisalabad Professor Dr Iqrar Ahmad Khan while speaking to a delegation of Agriculture Journalists Association (AJA) who called on him during the ongoing UAF Golden Jubilee Festival. UAF

LAHORE - Economic Coordination Committee (ECC) of the Cabinet has permitted the export of three million tonnes of wheat in its meeting. Federal Board of Revenue (FBR) in this connection has directed all Customs collectorates to ensure the smooth export of wheat from their respective ports. FBR has directed Customs Collectors to effectively coordinate on daily basis - personally as well as electronically - to ensure that the export of wheat form Pakistan from all export stations does

ISLAMABAD - The government has decided to extend a guarantee of Rs 165 billion credit needed for this year's wheat procurement target of 6.57 million tonnes, but the guarantee is subject to the availability of credit to be provided by commercial banks, an official source said.
The decision was made at that the meeting of the Economic Coordination Committee of the cabinet (ECC) which met under the chairmanship of Finance Minister Abdul Hafeez Shaikh on Wednesday. The source said

LAHORE - The Punjab government has decided to abolish the delivery charges on wheat during upcoming procurement campaign during which the government would buy wheat from the farmers at the rat of Rs 950 per 40 kg. The decision was made during a high-level meeting of the committee to review proposals with Sardar Zulfiqar Ali Khan Khosa in the chair held at 90-Shahrah-e-Quaid-e-Azam Wednesday. Punjab Chief Secretary Nasir Mehmood Khosa, Chairman Planning and Development Board Punjab

LAHORE - Punjab Food Minister Abdul Ghafoor announced formation of supervisory teams at district, tehsil and union council levels to monitor wheat procurement campaign in the province. He said that payment of Rs 950 per 40 kg of wheat will be ensured to cultivators. The minister further said that an officer of BPS 17 will be appointed to resolve farmers' problems regarding procurement of each purchase centre of wheat.

LAHORE - Punjab Food Secretary Irfan Elahi has stated that all arrangements have been finalised to kick start the annual wheat procurement campaign in April. He informed that the provincial government had fixed the wheat procurement target at 3.5 million tonnes. For this purpose, 376 procurement centers are to be established in different parts of the Punjab. These procurement centers could be enhanced according to the requirement, he added.
Elahi said that to facilitate the

KARACHI - The Sindh government has decided to procure at least 1.5 metric tonnes of wheat at a total cost of Rs 35 billion, during the wheat procurement season starting from March 15, 2011, Pakistan Today has reliably learnt. The Sindh government could not enhance the wheat procurement target due to low-productivity of the crop after catastrophic floods badly hit crops in almost all districts of the province. The wheat procurement target last year was 1.5 metric tonnes. Moreover,

ISLAMABAD - Pakistan has exported 500,000 tonnes of wheat, while exporters have made agreements with provincial food departments to lift a total of 1.4 million tonnes of wheat in the next few weeks, an official source told Pakistan Today on Sunday.
In December, the government had allowed the export of 1 million tonnes of wheat out of the available surplus of 2 million tonnes, the source said. The government would not impose any limits on wheat export till the exportable surplus

SIALKOT - Expressing grave concern over the shortage of fertilisers, farmers have feared that there would be 50 percent reduction in the wheat yield this year. Talking to newsmen here Wednesday, local growers, Ch Mumtaz Bajwa, Ch Rehmat Hussain Bajwa, Ch Muhammad Azam, Ch Abdul Wahid, Ch Muhammad Saleem and Ch Javaid, said dealers have created the artificial shortage of fertilisers in the district's all the four tehsils, Sialkot, Daska, Sambrial and Pasrur, while wheat growers have

ISLAMABAD - The State Bank of Pakistan (SBP) has advised the government to abstain from the wheat procurement drive during the current financial year, without selling off its current stock of 6.5 million tonnes of wheat, against which government departments still owe Rs 250 billion.
A Finance Ministry official said the SBP had asked the government to take urgent steps to reduce the commodity loan of Rs 351 billion. The federal and provincial departments had taken loans of Rs 250

ISLAMABAD - The government has announced that it would procure 6.5 million tonnes of wheat from farmers at an official support price of Rs 950 per 40 kilogram as a bumper wheat crop of 23 million tonnes is expected in the current year. The decision was taken at a ministerial meeting, held to review the existing wheat procurement policy.
The Agriculture Minister Nazar Gondal chaired the meeting, while attendees included Petroleum Minister Syed Naveed Qamar and Minister for Kashmir

LAHORE - Punjab Food Minister Chaudhry Abdul Ghafoor has said that agreements for the sale of 1.478 million tonnes of wheat have been finalised out of which the food department has so far released 100,000 tonnes of wheat to different private parties. While the remaining stock will be lifted by the parties concerned by April 30, this year, the Minister said in a statement.
He said that government will not increase the price of wheat despite the increase in rates of this commodity

LAHORE - Provincial Food Minister Chaudhry Abdul Ghafoor has said that an agreement has been sealed between Punjab Food Department and private buyers for the purchase of one million tonnes of wheat, which will be exported as wheat price in the international markets has increased.
On the other hand, wheat exporters believe that the provincial government is looking towards wheat export through rose-tinted glasses. Exporters estimate Pakistan cannot export more than 300,000 tonnes

LAHORE - Punjab Agriculture Minister Malik Ahmad Ali Olakh has given the approval to International Islamic Help Centre for the sale of Punjab Seed Corporation's 31,250 sacks of wheat seeds for which the PSC has been given Rs 5816, 7200.
PSC Managing Director Muzaffar Mehmood said this when a delegation, led by help centre's Country Director Abdul Salam Alshareef, visited the PSC headquarters. Malik Ahmad also appreciated the role of PSC and said the corporation crushed the