Sugar industry, federal government at loggerheads over production price

ISLAMABAD: The sugar industry and the federal government are involved in a bitter dispute over sugar production price of Rs45.86 excluding taxes, determined by...

Pakistan warned of dispute settlement proceedings by WTO members over subsidy on wheat exports

The WTO member nations cautioned if Pakistan provided rebates on wheat export again, it would initiate dispute settlement proceedings against the country

USDA projects Pakistan’s sugar production may decline to 6.5 million tons in 2018-19

The projected decline in sugar production has been attributed to a reduced area as farmers shifted to other crops like cotton and corn because of better prices and faster return on their investment

China to boost grain imports from ‘Belt & Road’ countries amid Sino-U.S. trade spat: Official

The country’s meat demand could hit 123 million tonnes while demand for grain is expected to peak at 750 million tonnes, the researcher added, without saying when those numbers would be reached

Sugar industry asks government for early disbursement of outstanding subsidies

Industry asks for sugarcane price to be set in line with prices of sugar and demands the tax regulator to collect general sales tax (GST) on the actual selling price of sugar instead of Rs60 per kg fixed by it

Zilt Proefbedrijf interested in setting up joint venture in agriculture sector

Zilt Proefbedrijf, for a decade, has been researching the salt tolerance of existing, conventional agricultural crops which could give food in saline areas

Balochistan not cooperating over finalization of Rs86b discount in electricity bills

The power division in writing informed the ECC that the Balochistan government had not offered any comments despite constant reminders

Agri-business community criticizes Punjab’s new agriculture policy draft

They agri-business community believes the new policy formulated under the Pakistan Tehreek-e-Insaf (PTI) government in Punjab doesn’t provide equal footing for domestic consumers

Asian mills look to secure long-term wheat supply

Asia is also the top importer, with shipments of the grain set to hit 55.13 million tonnes this year, up 46 percent since 2010-11 and the second-largest total on record, USDA data showed

Govt contemplating to export surplus wheat

Mr Dawood highlighted the surplus of wheat in the country needs to be exported for reining in the decline of foreign currency reserves and save storage cost of the commodity

Fatima Fertilizer set to complete merger of subsidiary by January 2019

According to Fatima Fertilizer, the proposed transaction will maximize the benefits of synergies and cost efficiencies to the shareholders of the company

IRSA projects 38pc water shortage in coming Rabi season

ISLAMABAD: Food security crisis owing to water shortage in the upcoming Rabi sowing season is expected, as the Indus River System Authority’s (IRSA) advisory committee...

ECC instructs to make USC operational again to stabilize food commodity prices

Currently, USC’s monthly sales stand around Rs1 billion and sitting on an inventory worth Rs4.5 billion

Indonesia keen to import 1m tons of rice from Pakistan

The Indonesian Ambassador to Pakistan stated the volume of bilateral trade is $2.18 billion, which is far less than the current potential

Water shortfall projected at 35-40 percent before start of Rabi season

Till September 20th, Balochistan faced the highest water shortfall of around 44 percent, Punjab 20 percent, Khyber-Pakhtunkhwa (KP) 21 percent and Sindh 16 percent

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PM likely to sack entire economic squad

Finance Minister Asad Umar, FBR chairman, SBP governor expected to be sent packing Energy minister Omar Ayyub likely to head finance ministry Finance...

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