Govt proposes Rs4,500 per maund indicative wheat price for 2027

October 23, 2026 (MLN): The government has proposed an indicative wheat price of Rs4,500 per maund for 2027, Rs1,000 higher than last year’s level, in a bid to encourage cultivation, safeguard farmers’ incomes and strengthen food security.

Prime Minister Shehbaz Sharif said the proposed price is meant to ease the burden on growers who are dealing with elevated production costs, rising petroleum prices and inflationary pressures, according to a press release issued.

The government expects the higher price to help farmers recover their cultivation costs and earn reasonable margins, which in turn should encourage them to bring more land under wheat and lift domestic output in the coming season.

This would improve the prospects of a stronger sowing season and higher production in 2027.

Shehbaz Sharif said the agriculture sector has struggled financially in recent years because of inflation and mounting input costs.

He added that Pakistan had to import wheat over the past two years, which underlined the need to build up local production.

The prime minister said the decision aims to improve food security, support domestic wheat production and bring greater stability to the farm sector.

He described it as part of wider efforts to improve farmers’ economic conditions, steady the agricultural economy and reduce reliance on imported wheat.

Shehbaz Sharif credited the guidance of President Asif Ali Zardari and former prime minister Nawaz Sharif, along with consultations with the chief ministers of Punjab and Sindh.

He thanked Punjab Chief Minister Maryam Nawaz in particular for her cooperation and suggestions during the process, and also expressed appreciation for the support of Sindh Chief Minister Murad Ali Shah.

Copyright Mettis Link News