PolicyQuick read

Farmers demand surplus sugar export, Rs5,000 wheat support price

Business Recorder • • 1 min read

Farmers demand surplus sugar export, Rs5,000 wheat support price

According to Business Recorder, farmer organisations asked the government on Tuesday to allow exports of surplus sugar and fix a minimum wheat purchase price of Rs5,000 per maund for the coming crop. Speaking at a press conference in Lahore, Pakistan Kissan Ittehad president Khalid Mahmood Khokhar said sowing was about to begin without any announced wheat policy. He added that farmers were cutting back on balanced fertiliser, with DAP use falling from 2.39 million tons to 1.25 million tons because growers lack funds.

Khokhar said agriculture and farmers were not among the government's priorities, calling wheat the backbone of the sector. He pledged that growers would produce record wheat output if they received international market rates, pointing to past years when good prices led to high production. On sugar, he said cane cultivation had risen 16 percent on 2.454 million acres, with output expected to climb 25 to 30 percent this year.

The farm leaders want authorities to hold back enough sugar for domestic consumption until November and export the remainder, warning that losses on one harvest would spill into the three crops after it. Mahmood-ul-Hassan Bukhari said the government had failed to make timely decisions and asked why surplus sugar was not being exported, adding that farmers would not sow wheat without a clear wheat policy.

At a glance

  • Farmer groups want surplus sugar exported and a Rs5,000 per maund minimum wheat purchase price.
  • Pakistan Kissan Ittehad says no wheat policy has been announced as sowing nears.
  • DAP use reportedly fell from 2.39 million tons to 1.25 million tons due to lack of funds.
Sectors:Sugar & Allied IndustriesFertilizer

Originally reported by Business Recorder

This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.

Read the full story

Want the full article here?

Log in to read the full article in the Investify reader, in English or Urdu.

Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.

Built for PSX investors

Business news.Every filing, summarised.

Top stories from Pakistan's business press and key findings from every PSX announcement.

Investify announcement summary with key findings from a PSX filing
Investify app home screen with Pakistan business news and PSX filings