Govt says wheat stocks stable, more supply available if needed

News Image

MG News | July 21, 2026 at 10:09 AM GMT+05:00

July 21, 2026 (MLN): The government has decided to release wheat stocks to the provinces under the MoUs signed with the Pakistan Agricultural Storage and Services Corporation (PASSCO), assuring that additional supplies will be made available whenever required to meet emerging demand.

Officials said the wheat market remains stable nationwide, with no immediate shortage or crisis, adding that strict action against hoarding and market manipulation is continuing to prevent artificial shortages and unjustified price hikes, said a press release issued.

The decision was taken at a high-level meeting chaired by Federal Minister for Economic Affairs Ahad Cheema to review the country's wheat stocks, market conditions, and future supply strategy.

The meeting was attended by Federal Minister for National Food Security and Research Rana Tanveer Hussain, Secretary National Food Security Amir Ali Ahmed, Adviser to the Chief Minister KP on Finance Muzammil Aslam, Sindh Minister for Food Mehboob Zaman, Additional Chief Secretary Punjab Ahmed Raza, Additional Chief Secretary Khyber Pakhtunkhwa, Secretary CMB Balochistan, and other senior officials, with representatives of all provinces briefing participants on current stock positions, market trends, and anticipated regional requirements.

The meeting also reviewed the option of importing wheat to strengthen strategic reserves if necessary, with Cheema stressing that any import decision would be taken only after a comprehensive assessment of domestic market conditions.

He maintained that safeguarding the interests of local farmers and growers would remain the government's foremost priority and that no decision would come at their expense.

Rana Tanveer Hussain informed the meeting that PASSCO is extending full support to provincial governments to ensure smooth wheat supply and effective stock management.

Concluding the meeting, Ahad Cheema reiterated that federal and provincial governments are working in close coordination to ensure uninterrupted wheat availability, maintain market stability, and protect the interests of both consumers and farmers across the country.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 173,886.69
195.81M
-0.85%
-1493.18
ALLSHR 104,193.90
1,478.56M
-0.79%
-830.04
KSE30 50,762.89
101.57M
-1.61%
-833.18
KMI30 248,644.12
78.76M
-1.03%
-2588.32
KMIALLSHR 67,289.90
391.02M
-0.79%
-536.64
BKTi 47,836.07
30.16M
-1.03%
-497.73
OGTi 34,437.26
6.66M
-1.07%
-371.75
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 75,815.00 76,150.00
75,815.00
-140.00
-0.18%
BRENT CRUDE 97.97 100.83
96.67
-0.32
-0.33%
RICHARDS BAY COAL MONTHLY 127.25 0.00
0.00
-0.50
-0.39%
ROTTERDAM COAL MONTHLY 136.50 137.25
136.50
-0.80
-0.58%
USD RBD PALM OLEIN 1,182.50 1,182.50
1,182.50
0.00
0.00%
CRUDE OIL - WTI 90.34 92.53
89.07
-0.18
-0.20%
SUGAR #11 WORLD 18.25 18.60
18.13
-0.31
-1.67%

Chart of the Day


Latest News
November 07, 2026 at 12:30 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


November 07, 2026 at 12:13 AM GMT+05:00

Petrol price cut by Rs6.59, diesel by Rs4.25 per litre


November 06, 2026 at 11:01 PM GMT+05:00

Weekly Market Roundup


November 06, 2026 at 10:17 PM GMT+05:00

ABHI Microfinance Bank IPO oversubscribed 1.6x



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg