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Pakistani cotton is currently among lowest-priced cotton in the world.
The Government of Pakistan has increased the tariff on sugar imports from zero to 20 percent and authorized an export quota of 500,000 metric tons.
The Government of Pakistan has increased the tariff on wheat imports from zero to twenty percent.
Pakistan recently purchased 40,000 metric tons of U.S. soybean meal.
The bill amending Pakistan’s 1976 Seed Act has cleared the first step of the legislative process.
The soon-to-be-harvested sugarcane crop was largely unaffected by recent flooding.
Recent floods damaged an estimated 80,000 hectares of cotton area, a small fraction of Pakistan’s 3.1 million hectares of cotton.
The Government of Pakistan has announced a seed cotton support price of 34 cents per pound for the upcoming harvest, a significant increase over the prevailing farm price of 26 cents per pound.
In recent years, India’s exports have demonstrated phenomenal growth – especially to developing countries, which now account for nearly 80 percent of Indian exports.
For the fifth consecutive year, flooding is occurring in Pakistan as crops are ready for harvest.
Pakistan’s 2014/15 cotton production is forecast 500,000 480 lb bales higher at 10.0 million bales.