{"id":21636,"date":"2025-01-03T13:56:02","date_gmt":"2025-01-03T13:56:02","guid":{"rendered":"https:\/\/www.selinawamucii.com\/news\/?p=21636"},"modified":"2025-01-03T13:56:03","modified_gmt":"2025-01-03T13:56:03","slug":"minimum-support-price-of-wheat-in-pakistans-punjab-defaulted","status":"publish","type":"post","link":"https:\/\/www.selinawamucii.com\/news\/2025\/01\/03\/minimum-support-price-of-wheat-in-pakistans-punjab-defaulted\/","title":{"rendered":"Minimum support price of wheat in Pakistan\u2019s Punjab defaulted"},"content":{"rendered":"\n<p>Although 2024 brought Pakistan an agricultural sector growth of 6.25%, the minimum support price (msp) of&nbsp;<a href=\"https:\/\/www.selinawamucii.com\/insights\/prices\/pakistan\/wheat\/\"><u>wheat\u2002<\/u><\/a>in Punjab suffered state defaulting.<\/p>\n\n\n\n<p>While the state government had promised 3,900 Pakistani rupees ($14) per 40 kg bag as the wheat msp, the plan somehow fell through.<\/p>\n\n\n\n<p>The World Bank-supported msp of wheat has been helping local farmers who produce<a href=\"https:\/\/crs-agripunjab.punjab.gov.pk\/system\/files\/Wheat%20Descriptive%20Qayyum%20and%20Pervaiz%20(Dr.%20Qayyum,%20DACRS).pdf\"><u>\u200275%<\/u><\/a>&nbsp;of national wheat avoid middlemen.<\/p>\n\n\n\n<p>After the program\u2019s lag, farmers have had to accept 100 rupees ($0.36) less per 40-kg bag from brokers.&nbsp;<\/p>\n\n\n\n<p>This at a time of a wheat surplus following a 2024 harvest of 31.4 million tonnes, up from 2023\u2019s 28.2 million tonnes.<\/p>\n\n\n\n<p>With such glut, farmers are ready to negotiate based on the supply and demand situation of an important grain. In fact, wheat makes up 2.2% of the national GDP and 9% of agricultural revenue, according to the&nbsp;<a href=\"https:\/\/tribune.com.pk\/story\/2519510\/farmers-suffer-despite-bumper-crops\"><u>Pakistan Tribune.<\/u><\/a><\/p>\n\n\n\n<p>All in all, the Punjabi government is helpful to local growers in other ways such as the offer of free-interest asset loans.<\/p>\n\n\n\n<p>One such scheme that benefits 2 to 4% of wheat farmers is the Green Tractor program. &nbsp;The scheme allocates 30 billion rupees ($$107.7 million) to largescale applicants to use tractors on their land via installment payments.&nbsp;<\/p>\n\n\n\n<p>There is also the Kissan Card program, which advances half a million farmers a 30,000-rupee ($107.70) per acre loan.<\/p>\n\n\n\n<p>For those who cannot join these programs, the msp issue still remains a thorn in their side for it is their last resort. &nbsp;Punjab\u2019s Chief Minister Maryam Nawaz last set the minimum of 3900 rupees per 40 kg in&nbsp;<a href=\"#:~:text=The Punjab government approved on Wednesday a minimum,chaired by Chief Minister Maryam Nawaz in Lahore.\"><u>April 2024<\/u><\/a>.<\/p>\n\n\n\n<p>Ultimately, such state minimum support price of wheat promises sometimes help Punjabi farmers escape price exploitation despite lack of fulfilment. To learn more on the wheat situation in Pakistan, skim the statistics below.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-pakistan-wheat-and-minimum-support-price-statistics\"><strong>Pakistan Wheat and Minimum Support Price Statistics&nbsp;<\/strong><strong><\/strong><\/h2>\n\n\n\n<p>Pakistan is a major wheat-producing nation, and ranked<a href=\"https:\/\/worldpopulationreview.com\/country-rankings\/wheat-production-by-country\"><u>\u20028<\/u><u><sup>th<\/sup><\/u><u>\u2002<\/u><\/a>worldwide in 2022, the third highest in Asia. As a whole, Pakistan produces between 26,208,672 and 28,160,500 tonnes of wheat, as of 2022 and 2023, respectively, per&nbsp;<a href=\"#data\/QCL\"><u>FAOSTAT<\/u><\/a>. Despite being the second largest province among Pakistan\u2019s four provinces, Punjab contributes 75% of this total, according to the&nbsp;<a href=\"https:\/\/crs-agripunjab.punjab.gov.pk\/system\/files\/Wheat%20Descriptive%20Qayyum%20and%20Pervaiz%20(Dr.%20Qayyum,%20DACRS).pdf\"><u>state government<\/u><\/a>.&nbsp; The state also enjoys minimum support price protection for wheat like the rest of Pakistan.&nbsp;<\/p>\n\n\n\n<p><strong>What is the recent history of wheat msp in Pakistan<\/strong>?&nbsp;<\/p>\n\n\n\n<p>The&nbsp;<a href=\"#:~:text=On 26 October 2020, the Economic Coordination Committee,2020 for the 2019\/20 crop (FPMA Food Policies).\">Economic Coordination Committee<\/a>&nbsp;first raised the price minimum by 15% to 1,600 rupees (at the then rate of $10) per 40 kg in late 2020.<\/p>\n\n\n\n<p><strong>How many hectares of wheat are there in Pakistan<\/strong>?&nbsp;<\/p>\n\n\n\n<p>There were 8,976,900 hectares of wheat in Pakistan in 2022, a value which rose to&nbsp;<a href=\"#data\/QCL\"><u>9,032,688 ha<\/u><\/a>&nbsp;in 2023.&nbsp;<\/p>\n\n\n\n<p><strong>How much wheat&nbsp;do people in Pakistan consume per year<\/strong>?&nbsp;<\/p>\n\n\n\n<p>Pakistan consumes&nbsp;<a href=\"https:\/\/www.indexmundi.com\/agriculture\/?commodity=wheat&amp;graph=domestic-consumption\"><u>29,600,000 tonnes<\/u><\/a>&nbsp;of wheat per year. This gives the country rank 6 in domestic consumption per nation, worldwide.&nbsp;<\/p>\n\n\n\n<p><strong>Which are the most popular wheat varieties in Punjab<\/strong>?&nbsp;<\/p>\n\n\n\n<p>Pakistan\u2019s Punjab plants various local strains such as Pervaaz, Inqlab-9a, Sehair and Miraj-08, among others.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Although 2024 brought Pakistan an agricultural sector growth of 6.25%, the minimum support price (msp) of&nbsp;wheat\u2002in Punjab suffered state defaulting. While the state government had promised 3,900 Pakistani rupees ($14) per 40 kg bag as the wheat msp, the plan somehow fell through. The World Bank-supported msp of wheat has been helping local farmers who&#8230;<\/p>\n","protected":false},"author":3,"featured_media":18204,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v16.3 (Yoast SEO v20.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Minimum support price of wheat in Pakistan\u2019s Punjab defaulted - Selina Wamucii | Food &amp; Agriculture News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.selinawamucii.com\/news\/2025\/01\/03\/minimum-support-price-of-wheat-in-pakistans-punjab-defaulted\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Minimum support price of wheat in Pakistan\u2019s Punjab defaulted - Selina Wamucii | Food &amp; Agriculture News\" \/>\n<meta property=\"og:description\" content=\"Although 2024 brought Pakistan an agricultural sector growth of 6.25%, the minimum support price (msp) of&nbsp;wheat\u2002in Punjab suffered state defaulting. 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