Authorities in Pakistan have warned that people hoarding wheat will have their stocks confiscated unless they sell it to government agencies.
The government says production of wheat will fall a million tonnes short of what the country requires this year.
There have been accusations that some Pakistani traders are illegally selling wheat intended for domestic use abroad.
The […]

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Source: Reuters
ISLAMABAD, April 23 (Reuters) - Pakistan may import up to 1.5 million tonnes of wheat to meet its stocks and domestic needs, Information Minister Sherry Rehman said on Wednesday.
The government has decided to build a 5-million-tonne strategic reserve from the 2007-2008 crop, Rehman added.
“It will be done locally…urgent planning is also being done to […]

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Source: Tehran Times
CHICAGO (Bloomberg) — Wheat rose after Pakistan, Asia’s third-biggest producer, said it will produce less of the grain than forecast after high fertilizer costs prompted farmers to reduce planting.
Pakistan will harvest 22 million metric tons, less than the 24 million tons estimated in October, the farm ministry said on Wednesday. Fertilizer use fell […]

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Source: [Emergency] Mailing List
By Yousuf Nazar
The new government’s economic managers may hold the key to its success or failure. Inflation, energy crisis, and stagnant exports would need immediate attention. There is a tendency to look at the economic issues in isolation from the politics but the economic policy would need heavy engagement from the new […]

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Source: Bloomberg
By Khalid Qayum and Farhan Sharif
Jan. 17 (Bloomberg) — President Pervez Musharraf, battling civil unrest and a surge in terrorist attacks, is facing growing discontent caused by record wheat prices and power cuts in Pakistan.
“The flour crisis is bad, but in ordinary times it would not have been an impossible policy problem,” said Adil […]

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