Pakistan: Pakistan Subsidizes Wheat Exports

  |   Attaché Report (GAIN)

The Government of Pakistan has authorized an export subsidy of up to $159 per metric ton to facilitate exports of up to 2 million metric tons of wheat. A relatively high wheat support price, rising procurement and flat offtake resulted in record stocks of government-held wheat following the 2017 harvest. The subsidy is intended to reduce stocks prior to the conclusion of the upcoming 2018 harvest. Except to some regional markets, exports without a subsidy are not commercially viable because Pakistan’s domestic wheat prices are significantly higher (80 percent) than prevailing international prices.

Pakistan: Pakistan Subsidizes Wheat Exports

 

 

Related Reports

The biotechnology regulatory system in Ukraine is still not fully developed, but the country is gradually adjusting its domestic policies to align with European Union regulations.
Attaché Report (GAIN)

Tunisia: Agricultural Biotechnology Annual

Tunisia is continuing to postpone non-urgent matters in front of major political and economic reforms. As a result, Tunisia’s biosafety framework, which was drafted in 2014, remains on hold with no timeframe for a review and parliamentary vote.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Export prices of white and parboiled rice rose one percent from the previous week as exporters reportedly continued to secure the rice supplies to fulfill contract shipments.