Wheat procurement tightened amid global risks

News Image

MG News | April 02, 2026 at 09:04 AM GMT+05:00

0:00

April 02, 2026 (MLN): Pakistan is moving to ensure uninterrupted and transparent wheat procurement during the ongoing harvest season, with authorities directed to keep procurement systems fully operational to avoid market distortions and protect farmers from price exploitation.

The direction came during a meeting of the National Wheat Oversight Committee, chaired by Federal Minister for National Food Security and Research Rana Tanveer Hussain, where wheat procurement arrangements, inter-provincial coordination, and food security measures were reviewed in light of rising global uncertainties, according to the press release.

The meeting noted that geopolitical tensions and the evolving situation in the Middle East have heightened risks to global food supply chains, with potential disruptions in trade routes, freight uncertainties, and volatility in commodity markets.

In this context, the need to strengthen domestic agricultural systems, improve strategic reserves management, and ensure timely procurement of essential commodities was emphasized.

Participants reviewed ongoing wheat procurement operations across provinces, focusing on readiness of procurement systems, smooth market functioning during the harvest period, and facilitation of farmers at the grassroots level.

It was stressed that procurement mechanisms must remain transparent, efficient, and accessible to ensure farmers across all wheat-producing regions can benefit without delays.

A key concern highlighted was that any lag in procurement during the peak harvest season could create market imbalances, allowing intermediary players to take advantage of price differentials at the expense of farmers.

Relevant institutions were instructed to maintain fully functional procurement operations throughout the critical harvesting window.

The committee also discussed measures to enhance wheat productivity over the longer term, including promotion of certified seed varieties, balanced fertilizer use, and adoption of modern farming techniques such as laser land leveling and improved sowing and harvesting systems to increase per-acre yields.

The importance of coordinated efforts between federal and provincial governments was also highlighted, particularly in agricultural extension services, farmer awareness, and timely availability of inputs, to ensure effective implementation of policies amid climate variability and external pressures.

Provincial representatives briefed the meeting on their procurement preparations and farmer support measures, while the federal government reaffirmed continued technical and policy support to maintain stability in wheat procurement operations.

Wheat was reiterated as a strategic crop for Pakistan’s food security, with emphasis on strengthening domestic production systems and improving management of essential food commodities in response to global supply challenges.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 165,823.88
448.99M
-1.54%
-2588.35
ALLSHR 99,160.90
1,085.27M
-1.67%
-1680.26
KSE30 50,101.96
142.26M
-1.74%
-888.53
KMI30 238,681.37
216.35M
-1.30%
-3152.79
KMIALLSHR 64,435.58
615.36M
-1.35%
-884.80
BKTi 46,165.92
56.22M
-2.48%
-1174.89
OGTi 34,125.34
9.28M
-2.33%
-814.62
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,610.00 76,715.00
75,910.00
835.00
1.10%
BRENT CRUDE 110.79 111.80
110.19
-0.47
-0.42%
RICHARDS BAY COAL MONTHLY 113.00 113.00
109.00
4.25
3.91%
ROTTERDAM COAL MONTHLY 110.50 110.50
105.00
5.85
5.59%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 107.34 109.64
106.45
0.46
0.43%
SUGAR #11 WORLD 14.75 14.80
14.25
0.52
3.65%

Chart of the Day


Latest News
April 29, 2026 at 06:32 PM GMT+05:00

SBP raises Rs1.37tr in MTBs, Floating Rate PIB


April 29, 2026 at 04:57 PM GMT+05:00

TREET profit drops 38% in 9MFY26


April 29, 2026 at 04:49 PM GMT+05:00

ILP 9MFY26 profit rockets 2.9x


April 29, 2026 at 04:43 PM GMT+05:00

SSGC reports steep 80% drop in 9MFY26 profit


April 29, 2026 at 04:37 PM GMT+05:00

AGHA 9MFY26 net loss narrows by 47%



Top 5 things to watch in this week

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