The Global Social Network
Pakistan's agriculture output is the 10th largest in the world. The country produces large and growing quantities of cereals, meat, milk, fruits and vegetables. Currently, Pakistan produces about 38 million tons of cereals (mainly wheat, rice and corn), 17 million tons of fruits and vegetables, 70 million tons of sugarcane, 60 million tons of milk and 4.5 million tons of meat. Total value of the nation's agricultural output exceeds $50 billion. Improving agriculture inputs and modernizing value chains can help the farm sector become much more productive to serve both domestic and export markets.
Top 10 Countries by Agriculture Output. Source: FAO |
Pakistan has about 36 million hectares of land under cultivation. Wheat and rice are grown on more than half of it. Fruits and vegetables each account for only about 3% of the cultivable land. Since year 2001, the country's cereal production, mainly wheat, corn and rice, has grown about 45% to 38 million tons. Pakistan produced 6.64 million tons of vegetables and 5.89 million tons of fruits in 2001.
Pakistan is the world’s 4th largest exporter of rice. The country's domestic production is estimated to surge 13.6% to an all-time high of 8.4 million tons in the year end June 2021, according to Bloomberg.
Vegetable production rose to about 10 million tons and fruit production increased to nearly 7 million tons in 2015. A little over 60% of Pakistan's agriculture consists of livestock. Pakistan produces 60 million tons of milk and 4.5 million tons of meat. Fish production adds up to about 575,000 tons.
Pakistan's Rising Rice Exports. Source: Bloomberg |
Share of Land For Various Crops in Pakistan |
Crop yields in Pakistan are low, mainly due to poor quality inputs like seeds. In addition to fertilizer and water, seed is the basic input for agriculture sector and has a major role in enhancing agriculture productivity. This needs to be a key area of focus for Pakistani policymakers working on agriculture.
Other critical area is post-harvest handling, particularly storage and transportation that is in desperate need of improvement. Post-harvest losses in fruits and vegetables due to mishandling of the perishable product, poor transportation, and inadequate storage facilities and market infrastructure account for about 30%–40% of total production, according to experts at Asian Development Bank.
World's 5th Largest Population of Chicken in Pakistan |
Improvements in agriculture inputs and modernization of post-harvest process require significant financing and investment. Growers get only a small fraction of value of what they produce, making it difficult for them to make these investments. Middlemen finance farmers and take the lion's share of profits in the value chain.
Source: FAO via Kleffmann Group |
Most of the farmers sell their produce to wholesalers via middlemen called arthis, according to an ADB report. Farmers contract out fruit orchards during the flowering stage to the middlemen (arthis), commission agent, and/or wholesalers who provide loans to the farmers over the course of production. Vegetables and fruits are transported by the same cart or truck from farms to the main markets in the absence of specialized vehicles for specific products. The same vehicle is used for many other purposes including animal transportation. Recently however, reefer (refrigerated) trucks have been introduced on a limited scale in some parts of Pakistan. In the absence of direct access of carrier vehicles to the farms, farmers gather their products in a convenient spot along the roadside for pickup. When middlemen or contractors are involved, it is their responsibility to collect and transport the produce. The unsold produce in one market is sent to other markets in the same locality.
Date Palms in Sindh, Pakistan. Photo: Emmanuel Guddu |
Investments in modernization of the agriculture production process and farm-to-market value chain will require major reforms to ensure growers get a bigger share of the value. The extraordinary power of the middlemen (arthis) as financiers needs to be regulated. This can not happen without legislation in close consultation with the growers. Improving agriculture inputs and modernizing value chains can help raise the productivity of the farm sector for it to serve both domestic and export markets better.
Related Links:
Haq's Musings
South Asia Investor Review
Chicken Cheaper Than Daal
Meat Industry in Pakistan
Bumper Crops and Soaring Tractor Sales in Pakistan
Meat and Dairy Revolution in Pakistan
Pakistanis Are Among the Most Carnivorous
Eid ul Azha: Multi-Billion Dollar Urban-to-Rural Transfer
Pakistan's Rural Economy
Pakistan Leads South Asia in Agriculture Value Addition
Pakistani Mango Crop Set To Recover After Last Year’s Heatwave | Produce Report
https://www.producereport.com/article/pakistani-mango-crop-set-reco...
Pakistan’s annual mango production averages 1.8 million metric tons, of which approximately 150,000 metric tons are exported. Given last year’s weather challenges, the export target for 2022/23 was reduced by one-sixth to 125,000 metric tons early in the season, according to Waheed Ahmed, patron in chief of the All Pakistan Fruit & Vegetable Exporters, Importers & Merchants Association.
----------
Pakistan witnessed an extreme heatwave during last year’s spring months that strongly affected the crop of mangos, the country’s second-largest fruit export after citrus fruits. Mango trees, which are vulnerable to temperature variations during the flowering period, suffered under the unusually high temperatures — up by 3–8 degrees Celsius from the average — causing the 2022/23 harvest to plummet by half.
In addition to thermometer readings reaching record highs, mango growers experienced severe water shortages. Although farmers actively pumped groundwater in an effort to protect the trees from heat stress, much of this was unsuitable for agricultural use because of varying salt levels, potentially complicating future plant and fruit growth.
Pakistan’s annual mango production averages 1.8 million metric tons, of which approximately 150,000 metric tons are exported. Given last year’s weather challenges, the export target for 2022/23 was reduced by one-sixth to 125,000 metric tons early in the season, according to Waheed Ahmed, patron in chief of the All Pakistan Fruit & Vegetable Exporters, Importers & Merchants Association.
While final figures for fiscal year 2022/23 (July–June) have yet to be released, the available statistics show that Pakistan’s mango production has either decreased or remained stagnant over the past decade. To boost mango yield and exports, several government departments and industry stakeholders worked together to develop the Fruits and Vegetables Export Strategy, which will be implemented between 2023 and 2027. As part of the strategy, China is highlighted as a premium market for Pakistani mangos, with greater exports to this lucrative market representing one of the key goals. A number of investments have also been proposed with the purpose of enhancing the sector’s pest control and management, farm hygiene, cold chain transportation and other attributes to more successfully meet China’s import requirements.
In response to the recent climate vagaries, industry members have recommended that the government invest in the research and development of heat-resistant cultivars, the establishment of small-scale meteorological stations providing area-specific updates, and the expansion of digital channels for agriculture, such as real-time advisory services to offer growers rapid assistance in the case of unexpected events.
This year’s moderate March and April temperatures have the sector hoping for a stronger crop in the current season, with an initial production forecast of 1.7 million metric tons having been announced.
The Pakistani mango industry is sparing no effort in promoting its fruit in China, organizing webinars with Chinese importers and distributors as well as mango festivals and other marketing events. However, exports have not yet reached the anticipated level. In 2022, Pakistan exported only 23.95 metric tons of fresh or dried mangos to China with a value of $55,605, down from 37.42 metric tons and $127,200 in 2021.
Land Information And Management System: Step Towards Pakistan’s Modern Agriculture Revolution – OpEd
https://www.eurasiareview.com/05072023-land-information-and-managem...
By Sarah Saeed
Land is an essential resource and one of the primary elements of statehood which ensures the survival of a nation-state.Administrative inefficiencies, corruption, and lack of transparency that afflict conventional land management practices can lead to land conflicts and poor management. The cumulative impact of past negligence has made economic revival, a question of survival for Pakistan.
Looking back, Pakistan’s First Green Revolution was launched in the mid-sixties. Through the use of innovative technologies, timely application of high-yielding varieties (HYV) seeds, chemical fertilizers, and irrigation water, the output of food grains increased by three times. At that time, Pakistan scored far better than other South Asian nations, where the production of wheat surged by 79%, from 3.7 MMT to 6.8 MMT.
As of now, population-production gap is widening while area under cultivation is declining, and agriculture-related imports are now estimating at $10 billion,creating economic stress. Simply put, Pakistan’s productivity is currently below average. According to the World Food Program, 18.3% of Pakistanis—36.9% of the population—are experiencing acute food crises. With the entire wheat demand exceeding 30.8 MMT, the wheat shortage problem is becoming worse. There is now a shortage of about 4 MM as output is just 26.4 MMT. Over the past ten years, cotton output has decreased by 40%, from 14.8 million bales to 5 million bales.
With all these challenges in view, there is a dire need to take a promising initiative, aimed at enhancing Modern Agro Farming utilizing over 9 million hectares of uncultivated waste state land. In this regard Land Information and Management System – Center of Excellence has been established under Director General Strategic Projects by Adjutant General Branch, GHQ. LIMS is a digital platform to manage land related data with the mission to ensure Food Security and Optimize Agricultural Production inPakistan through innovative technologies and sustainable precision-guided agricultural practices based on agro-ecological potential of land, while ensuring well being of rural communities and preservation of environment.
LIMS is keen to contribute significantly in Agriculture sector and has recently initiated Modern Agriculture farming projects, starting from Punjab. In coordination with all provinces, thus far total land identified is almost 4.4 million acres in which Punjab and Sindh both separately have 1.3 million acres of land, whereas Khyber Pakhtunkhwa has 1.1 million acres of land and Balochistan contains 0.7 million acres of land. The project is well expected to deliver a paradigm change in terms of land management and agricultural growth, triggering a system revolutionization. System revolutionization refers to the use of real-time data on land, crops, weather, and pest management under one roof to guide agricultural progress.
As planned, Research & Development in Seeds, Fertilizers, and Artificial Intelligence-based solutions through public/private collaborations and agreements with foreign and domestic partners will improve effectiveness, productivity, and sustainability by ensuring food security through large-scale farming, including livestock. Precision farming, biotechnology (genetic engineering, seed coating, and seed inoculation), irrigation management, pest management, agro-forestry, and aquaculture are some of the contemporary farming practices introduced by LIMS. These practices will further increase production yield, decrease input costs, minimize environmental impact, and support research and development.
Land Information And Management System: Step Towards Pakistan’s Modern Agriculture Revolution – OpEd
https://www.eurasiareview.com/05072023-land-information-and-managem...
By Sarah Saeed
The world is currently using 80 % hybrid seed while Pakistan is using only 8% of the same. Pakistan’s seed requirement is 1.77 million tons, whereas seed availability is only 0.77 million tons. LIMS efforts are in hand to use certified hybrid seeds with concurrent development of seed involving Japan Vegetables (JVs) with Multi-National companies, which can pay rich dividends.
By leveraging the expertise, resources, and technology of various entities coupled with modern irrigation systems, Pakistan is in desperate need to revolutionize its agricultural sector horizontally and vertically as well as ensure food security for its rapidly growing population. As an immediate and well calibrated project which promises introduction of transparency, efficiency, and equality to the system, LIMS has the potential to revolutionize land management in Pakistan.
Planned under LIMS, real-time data gathering, processing, and reporting will be useful for identifying problems and putting into place prompt solutions for increased output. In turn, this will not only solve the constantly lingering threat of food security but also make it possible for the country to ecplo export possibilities and support the expansion of economy. Additionally, by allowing Modern Agro Farming access to state property, it will help in drawing investment, foster innovation, and provide job possibilities.
Farmers happily reaped a rich harvest of grewia asiatica fruit, locally known as phalsa or falsa fruit, in Multan in eastern Pakistan's Punjab province.
https://english.news.cn/20230526/45189c12d0be4af5add72141ed6201ac/c...
Demand for the sweet and sour fruit reaches a fever pitch in summer when restaurants and bakeries dole out falsa-based desserts, juices and smoothies.
--------
Berry versatile: Falsa rules the roost as Pakistan’s most favored summer fruit
https://www.arabnews.com/node/1511406/pakistan
From kulfis and juices to pickles, the tangy-sweet fruit is on most checklists
Restaurants put on their thinking caps by adding it to traditional dishes and drinks
ISLAMABAD: When it comes to berries, falsa remains the top pick for Pakistanis in this scorching heat, with several food and beverage outlets reaching out for the versatile fruit to pack a punch in their choice of menus.
With its botanical name as Grewia Asiatica, falsa or phalsa traces its roots to South Asia and is very similar to the blueberry.
Demand for the tangy-sweet fruit reaches a fever pitch in summer when restaurants and bakeries dole out falsa-based desserts, juices and smoothies.
One such food outlet is Funky Pop, an ice-cream retailer which is popular for its fresh fruit popsicles that are devoid of artificial flavours or added sugar. Watch out for their falsa popsicles available at their outlet in F10 Markaz, or if creamy Italian ice cream is more up your alley, right around the corner at Manolo Gelato in F11 markaz they are serving up falsa hype with a special availability of falsa gelato.
Close on the heels of Funky Pop is Sooper Scooperz in Islamabad’s Jinnah Market, whose rich and seasonal juices are a favorite among locals and visitors alike. New on their menu is the falsa juice which can be devoured on its own or blended with a combination of other fruits.
Not one to be limited to juices and popsicles, the fruit – with the help of Karachi-based Tempting Bites by Zee – is pushing the envelope by adding a little bit of glamor to the humble kulfi as well.
The retailer which delivers the delight at home too, has been churning out cups of the icecream for years now and is very popular among residents in the metro.
Shehreen Farhan who runs a bakery in Bara Kahu, Islamabad says the fruit has been an industry favorite, mostly for its versatility, as it can jazz up any classic desserts.
“Cobblers (that are traditionally made with apples and peaches), pies and fruit tarts are so easy to modify by using falsa in place of berries and other fruits,” she said, adding that “fruit tarts are our best falsa seller.”
A more desi spin to the fruit is by using it in fruit chaats and salads, as well as boiling it down to jams and syrups or as a tangy replacement for regular chutneys and achaars (pickles).
Pakistan sugar production for 2023/24 is forecast to rise 250,000 tonnes to 7.1 million due to the recovery in sugarcane area harvested from the flood-damaged crop the year before.
http://www.ukrsugar.com/en/post/pakistan-sugar-production-is-foreca...
It is reported by USDA in its May report.
https://apps.fas.usda.gov/psdonline/circulars/sugar.pdf
Sugarcane production is forecast up 3 percent to 83.5 million tons due to the expected recovery in area. Favorable prices are encouraging farmers to maintain sugarcane area vis-à-vis planting other crops. Farmers’ preference toplant sugarcane is also due to the crop’s resiliency to weather hazards compared to alternative crops. Sugarcane is produced in three provinces, with Punjab accounting for 68 percent of total production, followed by Sindh with 24 percent, and Khyber Pakhtunkhwa (KPK) with 8 percent. The Bahawalpur division of Punjab and the Sukkur division of Sindh account for more than half of the total sugarcane area. Sugarcane is planted in two different seasons: spring planting runs from February to March and the fall season is from September to October. Punjab and Sindh farmers plant sugarcane in both seasons, while most cane in KPK is planted in spring. Yields per hectare are relatively low due to lack of high yielding varieties, water shortages, and uneven fertilizer distribution.
Pakistan has been one of the top eight sugar producers for the past 3 years and is forecast to be the seventh largest exporter in 2023/24. Sugar consumption is estimated up 150,000 tons to 6.3 million supported by population growth and higher supplies. Despite the rise in production, sugar exports are forecast down 200,000 tons to 800,000 as the government seeks to curb exports. Fearing domestic price increases, the government is expected to be reluctant to approve too many exports this year by monitoring the market situation on a fortnightly basis to decide on the timing and quantity of exports. Stocks are expected to be flat.
Pakistan world's 7th largest sugar producing country.
https://www.czarnikow.com/blog/the-sugar-series-the-top-10-sugar-pr...
10. Australia 4.1 million tons
9. Russia 5.4 million tons
8. Mexico 6.1 million tons
7. Pakistan 7.8 million tons
4. Thailand 10.3 million tons
3. European Union and UK 21 millon tons (Beet sugar in France, Germany, Belgium, Poland)
2. Brazil 34.9 million tons
1. India 36 million tons
7. Pakistan
Sugarcane is a major cash crop for Pakistan and, unlike India and Brazil, Pakistan grows the plant almost solely for the purpose of sugar extraction. In 2021/22 the nation produced 7.8 million tonnes of sugar – its highest volume ever. Pakistan’s sugar industry was challenged by drought in 2019/20 which, for an agrarian economy like Pakistan with a cane yield per hectare smaller than the world average (46 tonnes per hectare verses 60 tonnes per hectare respectively), was a serious problem. From 2016/17 to 2019/20 Pakistan saw year-on-year decline in its sugar output. But its fortunes have changed. Sugar production increased for two consecutive seasons because yields and land area for sugarcane increased significantly and government measures to protect farmers’ incomes guaranteed a minimum sales price.
In February 2021 Pakistan’s sugar prices rose as predictions of overall output being 200,000 tonnes less in 2021/22 than the 2020/21 season influenced speculative action in the market. That did not happen. Instead, Pakistan’s sugar output was over two million tonnes higher in 2021/22 than 2020/21. In October 2022 traders found themselves waiting on the government to authorise exports of the excess sugar produced.
Peanuts to solve high edible oil prices issue
Pakistan, China join hands to increase planting area, crop yield
https://tribune.com.pk/story/2404516/peanuts-to-solve-high-edible-o...
Lately, Rainbow’s high-oleic-acid peanut cultivation base project was formally included in the China-Pakistan agricultural cooperation framework by the Ministry of Agriculture, China.
“As you can see, our seed registration with Pakistan Agricultural Research Council (PARC) has started. A total of five high-oleic peanut varieties for oil extraction of Runhua series have been trial-planted in Pakistan, which is expected to achieve fruitful results,” revealed Fan Changcheng, Deputy General Manager of Rainbow.
“Next, our aim is to increase the area gradually to 1,500 hectares in the coming years,” he said.
“My country has a long tradition of peanut planting. Peanuts like warm environment with sufficient sunlight, with loose and breathable sandy loam as the most suitable soil condition. The Potohar region of Punjab is the best area for peanut production,” Ijaz stated, adding that peanut seeds contain 40-50% oil and the high-oleic peanut oil is rich in unsaturated fatty acids.
“During our trial, we always focused on how the local environment can act on the quality of seeds on the whole. The varieties we selected have the highest oleic acid content, up to 75-80%, which means very high nutritional value.”
“Self-sufficient in peanut production means that we can reduce our import bill of edible oil,” said Muhammad Jahanzaib, Scientific Officer of the Oil Seed Research Programme in NARC Pakistan.
Statistics of the US Department of Agriculture showed that Pakistan’s peanut planting area in 2022-23 is about 150,000 hectares, with total output of 140,000 metric tons.
THE ARTICLE ORIGINALLY APPEARED ON THE CHINA ECONOMIC NET
The alliance between Pakistan and China in the field of agriculture has emerged as a powerful force driving economic growth, sustainable development, and food security in both nations.
https://dailytimes.com.pk/1109673/agriculture-emerges-as-a-powerful...
The strategic collaboration between these two neighboring countries, under the framework of the China-Pakistan Economic Corridor (CPEC), has witnessed significant advancements in recent years, transforming the agricultural landscape of Pakistan, according to a report carried by Gwadar Pro on Monday. Through joint initiatives, technological exchanges, and investment in key sectors, the bilateral partnership has not only addressed Pakistan’s domestic agricultural challenges but has also paved the way for future prosperity and self-sufficiency.
The agricultural cooperation between Pakistan and China has witnessed remarkable developments, particularly in the cultivation of high-value crops and the introduction of advanced farming technologies. The collaboration between Chinese and Pakistani companies in producing Chinese hybrid canola and edible oil has significantly reduced Pakistan’s dependence on imported cooking oil, meeting the country’s domestic demand while bolstering its foreign exchange reserves.
The success of chili cultivation in South Punjab, Sindh and other provinces has opened new avenues for export to China, with substantial growth in agricultural exports expected in the coming years. The establishment of the CPEC-Agriculture Cooperation Centre (ACC) and the signing of agreements between educational institutions for agricultural training programs further demonstrate the commitment of both nations to fostering long-term cooperation in the agricultural sector.
With the establishment of the China-Pakistan Green Corridor (CPGC) under CPEC, the focus on agricultural environment and food security has taken center stage. The utilization of advanced agricultural technologies, such as maize-soybean strip intercropping, has demonstrated economic benefits by increasing crop yields and improving resource efficiency. The agricultural cooperation between Pakistan and China has yielded remarkable results. In 2022 alone, Pakistan’s agricultural sector experienced a commendable growth rate of 4.4%, surpassing both the set target of 3.5% and the previous year’s growth of 3.48%.
The alliance between Pakistan and China in the field of agriculture has emerged as a powerful force driving economic growth, sustainable development, and food security in both nations.
https://dailytimes.com.pk/1109673/agriculture-emerges-as-a-powerful...
This achievement is a testament to the effectiveness of the initiatives implemented under CPEC and the Green Corridor in particular. The surge in agricultural exports to China reflects a staggering year-on-year increase. With expectations of agricultural exports surpassing a record high in 2023, it is evident that the agricultural cooperation between these two nations has bolstered trade relations and presented new opportunities for Pakistan to establish itself as a key player in the global agricultural market.
In addition to the impressive growth rates and increased agricultural exports, there are other significant numbers that underscore the impact of the agricultural cooperation between Pakistan and China. One noteworthy aspect is the cultivation of dried chilli, which has witnessed substantial progress. This not only signifies the expansion of chilli cultivation in Pakistan but also highlights the potential for exporting this sought-after commodity to China.
The successful implementation of the maize-soybean strip intercropping technology at 65 demonstration sites in Punjab, Sindh, and Khyber-Pakhtunkhwa has yielded impressive results. The intercropped fields have achieved maize and soybean production of 8,490 kg and 889 kg per hectare, respectively, surpassing the yields of solely cropped maize and soybeans. This innovative technique demonstrates the effectiveness of knowledge and technology transfer from China to Pakistan, resulting in increased productivity and economic benefits for farmers.
Many agro-based innovative Chinese companies involved in production and support for bee farming, honey production, sorghum, sesame and peanuts in various regions of Pakistan has made substantial contribution in diversifying these corps and their production. The ongoing efforts to strengthen ties reflect a long-term commitment to advancing agricultural practices, technology transfer, and market access. As the collaboration deepens, it is essential to prioritize sustainable farming practices, resource management, and the adoption of modern technologies to ensure long-term productivity and environmental conservation. By fostering innovation, knowledge exchange, and market diversification, the agricultural sector in Pakistan is poised to become a driver of economic growth, food security, and rural development, while further cementing the bilateral ties between Pakistan and China.
Pakistan's Rise as Strong Competitor Threatens India's Supremacy in Global Maize Market
https://krishijagran.com/news/pakistans-rise-as-strong-competitor-t...
In the worldwide maize (corn) market, Pakistan has emerged as a strong rival to India, delivering the coarse cereal at a lower price in South-East Asia.
------
"Pakistan is currently dealing with a number of difficulties. This year, India boasts a bountiful maize crop. The situation is expected to improve as new contracts are signed by Indian exporters to South-East Asia and Gulf countries," said Mukesh Singh, Managing Director of Mumbai-based MuBala Agro Commodities Pvt Ltd.
"Pakistan benefits from its currency's depreciation against the US dollar." However, it has limited numbers and is only targeting South-East Asia," said Rajesh Paharia Jain, a New Delhi-based exporter. According to a trade analyst in Delhi, Indian exporters cannot help with such buyer behavior, even though such cases are rare. "However, there are issues. No one is issuing letters of credit (LCs) to facilitate trade with Pakistan. Also, container availability is an issue," he added.
According to Prakash, Indian maize is being offered for USD 307-15 per tonne, while Pakistani maize is being sold at USD 293-95 cost and freight. According to Jain, Pakistan is offering its produce for USD 280 f.o.b., whereas India is requesting USD 295 f.o.b. "India should be able to reclaim the advantage, primarily through lower east coast freight rates."
Our maize, on the other hand, is hampered by a flat Indian currency and a lack of government support, in addition to greater handling and storage costs," Jain explained. "We don't have any supply issues. As prices have calmed slightly, we are getting maize supplied for USD 24,000 per tonne in Chennai', added Prakash.
The median price (rates at which most trades take place) of maize at Davangere in Karnataka is 2,017 per quintal, according to data from Agmarknet, a subsidiary of the Agriculture Ministry, down 150 since last month. This crop year's minimum support price (MSP) for maize is USD 1,962. Prices have fallen below the MSP in some Maharashtra marketplaces.
Corn futures on the Chicago Board of Trade (CBOT) are trading at a one-month high of USD 6.5 per bushel (USD 255.89 per tonne) due to robust demand. According to Jain, the quality of Indian maize is superior, but it is unable to gain since it is desired for feed rather than human use. MuBala's Singh stated that he has had orders from Oman and Saudi Arabia, but in lesser lots of 5,000 tonnes. Vietnam and Malaysia were also buying in large quantities.
However, issues have arisen with shipments to Bangladesh, the main consumer of Indian maize, because Indian LCs are not being fulfilled. According to the analyst, demand for Indian maize would remain strong in light of agricultural concerns in the United States. "There is uncertainty about supply from the United States. In addition, supplies from Ukraine are in doubt. Maize demand remains strong, and India stands to benefit," he said.
A record high maize yield of 34.61 million tonnes (mt) is expected to help meet export requests. According to figures from the Agricultural and Processed Food Products Export Development Authority (APEDA), maize exports were 28.6 lakh tonnes (lt) valued at USD 931 million during the April-January period of the 2022-23 fiscal, with Bangladesh accounting for 15 lt and Vietnam contributing for 5.7 lt. Maize exports were 36.9 lt valued at $1.02 billion in 2021-22.
South Asia Investor Review
Investor Information Blog
Haq's Musings
Riaz Haq's Current Affairs Blog
Barrick Gold CEO Mark Bristow says he’s “super excited” about the company’s Reko Diq copper-gold development in Pakistan. Speaking about the Pakistani mining project at a conference in the US State of Colorado, the South Africa-born Bristow said “This is like the early days in Chile, the Escondida discoveries and so on”, according to Mining.com, a leading industry publication. "It has enormous…
ContinuePosted by Riaz Haq on November 19, 2024 at 9:00am
Citizens of Lahore have been choking from dangerous levels of toxic smog for weeks now. Schools have been closed and outdoor activities, including travel and transport, severely curtailed to reduce the burden on the healthcare system. Although toxic levels of smog have been happening at this time of the year for more than a decade, this year appears to be particularly bad with hundreds of people hospitalized to treat breathing problems. Millions of Lahoris have seen their city's air quality…
ContinuePosted by Riaz Haq on November 14, 2024 at 10:30am — 2 Comments
© 2024 Created by Riaz Haq. Powered by
You need to be a member of PakAlumni Worldwide: The Global Social Network to add comments!
Join PakAlumni Worldwide: The Global Social Network