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2.48m tonnes of wheat procured by Food Dept
LAHORE: The Punjab Food Department has purchased 2.48 million tonnes of wheat from farmers across the province during the current wheat procurement campaign. The campaign ended on June 30. Punjab Food Secretary Muhammad Ahsan Raja told APP on Friday that Sindh, NWFP, PASSCO and the private sector purchased wheat from the open market in Punjab to meet the grain requirements. However, the Food Department failed to meet the procurement target of 3.5 million tonnes due to open market competition. Raja said that the department had about 2.5 million tonnes of wheat in stock, which also included the previous stock. He said the main objective of the policy of free access to the private sector was to ensure that the farmers got the support price. He said that the goal set by the Punjab Chief Minister had been achieved as the farmers sold grain at or above the support price. He said that this would help the farmers financially. He said that there were no inter-provincial restrictions on the movement of grain and the private sector buyers from other provinces had also procured wheat from Punjab to meet their needs. app
MGR Archive 17.7.2005
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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