Pakistan: Grain and Feed Update
A higher support price, adequate irrigation, and low cotton prices have combined to encourage farmers to plant their wheat in a timely manner for the upcoming 2014/15 Rabi (winter) season. Pakistan has so far imported 650,000 tons of wheat, but the government’s decision to impose a regulatory duty on wheat imports is expected to halt imports during the balance of the marketing year. Harvesting of the MY 2014/15 rice crop is complete and initial reports suggest rice production is around 6.5 million metric tons. The damage to rice crop due to floods in September was less than expected and limited to Basmati areas in Punjab.
Pakistan: Grain and Feed Update