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Given record area and prospects for good yields, wheat production in 2024/25 is forecast to be a record 28.8 million tons. Due to an anticipated increase in area, 2024/25 rice production is also forecast to set a record.
Corn exports in 2023/24 are forecast to reach 1.5 million tons. The good harvest and decrease in poultry feed demand resulted in a large exportable surplus at competitive prices. Vietnam, Malaysia, and Sri Lanka are the top destinations. Feed consumption in 2023/24 is reduced from 7.7 to 6.6 million tons.
Despite a slight reduction in planted area, 2023/2024 wheat production is forecast to reach 27.0 million tons, two percent higher than last year. With consumption growth expected to outstrip the increase in production, 2023/24 wheat imports are forecast to reach 2.6 million tons.
Due to lower area and yields, wheat production in 2022/23 is forecast at 26.4 million metric tons (MMT), four percent lower than last year. To make up for the expected domestic shortfall, in 2022/23 wheat imports are forecast at 1.5 MMT.
Marketing Year (MY)2021/22 wheat production is forecast at 26.0 million metric tons (MMT), three percent higher than last year’s wheat production of 25.2 MMT.
South Asia, which includes Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka, accounts for 24 percent of the world’s population, with 1.84 billion people in 2019.
Although biotechnology laws (i.e., Pakistan Biosafety Rules of 2005, Seed Amendment Act 2015 and Plant Breeders Rights Act 2018, etc.) exist in Pakistan, the rules and administrative processes....
The Government of Pakistan announced on March 18, 2019, a $2 billion, five-year agricultural plan that focuses on crop production diversification, but there are no details yet.
Pakistan continues to make significant progress towards implementing a full-fledged biotechnology and seed regulatory structure that is expected to facilitate the introduction of new seed....
Pakistan’s MY 2017/18 wheat crop is now estimated at 26.5 million metric tons (MMT), the highest ever.
Infographic showing U.S. agricultural exports to Panama in 2016. Total U.S. agricultural exports reached $670 million.
Pakistan’s soon-to-be harvested 2017/18 wheat crop is forecast at 25.2 million metric tons, marginally lower than a year ago.