Tag: Wheat

Stop! No more wheat please – Sindh restricts commodity’s import

KARACHI - In order to restrict the entry of Punjab's wheat into Sindh and ensure the sale of its available wheat stocks, the provincial government has imposed Section 144 on the borders, it has been learnt.
Well-placed sources told Pakistan Today that on Friday, the Sindh Food Department forwarded a letter to the Home Department, asking the latter to impose restriction at the provincial borders and instruct the local police to check the movement of wheat particularly from the

Govt strikes first wheat export deal in three years

SINGAPORE - Pakistan has resumed wheat exports for the first time in three years, selling cargoes to Bangladesh and Myanmar and more deals are likely as the nation takes advantage of rising global prices and surplus stocks at home, following last year's bumper harvest. The deals come as fears of global food inflation grow, with devastating floods damaging crops in Australia, forecasts of US corn inventories sliding to uncomfortable levels and dry weather hampering production in

Punjab Seed council okays 18 wheat varieties

LAHORE - Punjab Seed Council has approved for general cultivation eighteen new varieties of various crops including one wheat variety ARRI-10, one sugarcane variety CPF-246 and one paddy variety Basmati-515.
The approval of these varieties was accorded in 40th meeting of Punjab Seed Council held at Agriculture House chaired by Malik Ahmad Ali Aulakh, Minister for Agriculture, Punjab. Mr. Ameer Khatak Additional Secretary Agriculture Punjab, Muzafar Mahmood Managing Director

Wheat export started at FAP terminal

KARACHI - Under the Government of Pakistan's (GOP) wheat export policy for 2011, the first vessel of the season "MV LAGONDA" docked at the Fauji Akbar Portia Marine Terminal (FAP) at Port Qasim to load about 27,000 metric tonnes of bulk wheat being exported through the private sector. The docking of the vessel is a landmark for the FAP Terminal as it marks the first occasion when a commodity is being exported from this facility which has its own dedicated jetty and steel silos with a

Govt to offload surplus wheat

LAHORE - The provincial government has decided to offload surplus wheat stocks to lessen the burden of mark-up and other incidental charges, which are incurred on wheat storage and handling.
The Punjab Secretary Food has announced that the provincial government is willing to sell wheat stocks to domestic exporters on the basis of 30 to 45 days letter of credit. Provincial Secretary Food Irfan Elahi said that to facilitate the wheat exports the department was offering wheat on

Traders disinterested in wheat exports

ISLAMABAD: Exporter have shown no interest in purchasing wheat from government stocks even ten days after the ban on export of wheat and wheat products was lifted, official sources said. The Ministry of Commerce had notified changes in the Export Policy Order 2009 on December 13 allowing exports of wheat and wheat products after a gap of three years. The sources termed the current international price of $ 327 per tonne as the main reason for the lack of interest from exporters.

Wheat exports expected to commence from January

ISLAMABAD - Pakistan, Asia's third-largest wheat producer, is expected to restart exports in January after the government lifted a three-year ban earlier this month, traders said on Wednesday.
Traders in the country's commercial hub of Karachi said queries have been made by Bangladesh, Sri Lanka, Indonesia, Malaysia and some Middle Eastern countries, and confirmed orders are expected by the end of the month. "There is brisk activity in the market after the formal notification by

Wheat sowing targets almost achieved

LAHORE: Wheat sowing in Punjab has been completed up to 95 percent against the target area of 16.89 million acres, said Punjab Agriculture Minister Malik Ahmad Ali Aulakh, in a meeting with various representatives of farmer organizations on Tuesday. He hoped that wheat sowing target will be achieved during the current week.
He said wheat production target of 19.205 million tons has been fixed for the current Rabi season and to harvest a bumper wheat crop, an 'aggressive'

Govt notifies lifting of ban on wheat exports

ISLAMABAD: The government on Monday notified lifting of the ban on the export of wheat and wheat products through an amendment in the imports and exports control act. The Ministry of Commerce notified changes in the Export Policy Order 2009 allowing exports of wheat and wheat products after a gap of three years.
Earlier the Economic Coordination Committee of the Cabinet (ECC) had approved export of one million tonnes of wheat on December 7. The Ministry of Food and Agriculture

Bangladesh floats tenders for 100,000 tonnes of wheat and rice

DHAKA: Bangladesh's state grains buyer issued two tenders on Sunday to import 50,000 tonnes of wheat and 50,000 tonnes of white rice as part of an effort to ensure food security and keep prices stable. The last date of submission of offers for both tenders is December 26 and the grains are to be shipped within 40 days after the signing of deals, a food official said.
The government plans to import 750,000 tonnes of wheat and 600,000 tonnes of rice in the year to June 2011 to

Punjab reserves 3.5m tonne wheat for export

LAHORE: Punjab Food Secretary Irfan Elahi has said that the Punjab government has reserved 3.5 million tonnes of wheat for export from six divisions.
Providing further details to the media on Saturday, he said that 490,000 tonnes of wheat has been reserved from Faisalabad, 294,000 tonnes from Sargodha, 822,000 from Multan, 584,000 from Sahiwal, 443,000 from D G Khan and 868,000 metric tonnes from Bahawalpur.
Irfan Elahi informed that a special cell has been set up to

Pakistani wheat traders weigh markets for export

ISLAMABAD: Pakistani wheat traders are looking at Middle Eastern countries, as well as Bangladesh and Malaysia as possible destinations, after the government lifted a three-year ban on exports because of market surplus.
Pakistan, Asia's third-largest wheat producer, in August deferred earlier plans to export two million tonnes of surplus wheat after summer floods washed away at least 725,000 tonnes of the grain and raised concerns about the next crop.
The government said

Food Department establishes info cell for wheat export

LAHORE: Punjab government has established an information cell in the Directorate of Food, Lahore to facilitate and expedite wheat exports.
Punjab Secretary Food Irfan Elani said wheat exporters can get all necessary information from this cell regarding the availability of wheat in various districts of the province.
The Provincial Secretary said that a comprehensive strategy had been chalked-out for the construction of additional storage facilities for wheat in Lahore.

Govt lifts 3-year ban on wheat exports

ISLAMABAD: The government on Tuesday decided to lift a three-year ban on wheat export, allowing the private sector to export one million tonnes of wheat without any subsidy during the current financial year.
The decision was made during Tuesday meeting of the Economic Coordination Committee of the cabinet (ECC), which met under the chairmanship of Finance Minister Abdul Hafeez Shaikh.
The Ministry of Food and Agriculture (MINFA) had sought the lifting of the ban on wheat

ECC rejects increase in wheat support price

ISLAMABAD: The Economic Coordination Committee of the cabinet (ECC) on Friday rejected a proposal by the Ministry of Food and Agriculture and Livestock (MINFAL) seeking an increase of Rs 50 in next year's wheat support price, retaining it at Rs 950 per 40 kilogrammes.
The meeting was convened on a demand by MINFAL and was chaired by Finance Minister Dr Abdul Hafeez Shaikh. The meeting also rejected MINFAL's demand of seeking enhancement of Rabi relief package to Rs 6,100 per

PPA presses government on surplus wheat

LAHORE: The Pakistan Poultry Association (PPA), in an interesting development, has asked the provincial government to sell surplus wheat stocks to poultry feed manufacturers at Rs 18 per kilogram, which was purchasable for Rs 23.75 per kilogram in the beginning of the season, Pakistan Today learnt on Monday.
PPA Chairman, Raza Mehmood Khursand, has asked the provincial government to sell one million tonne of surplus wheat to poultry feed manufacturers or request the federal