BR100 Increased By (1.77%)
BR30 Increased By (1.96%)
KSE100 Increased By (1.59%)
KSE30 Increased By (1.65%)
BECO 5.62 Increased By ▲ 0.04 (0.72%)
BML 59.51 Decreased By ▼ -1.71 (-2.79%)
BOP 34.61 Increased By ▲ 0.93 (2.76%)
CNERGY 8.08 No Change ▼ 0.00 (0%)
DCL 12.05 Increased By ▲ 0.41 (3.52%)
FCCL 54.40 Increased By ▲ 2.26 (4.33%)
FCSC 5.52 Decreased By ▼ -0.11 (-1.95%)
FFL 18.05 Increased By ▲ 0.04 (0.22%)
FNEL 1.33 Decreased By ▼ -0.02 (-1.48%)
HUMNL 11.07 Increased By ▲ 0.03 (0.27%)
KEL 8.05 Increased By ▲ 0.21 (2.68%)
KOSM 5.88 Increased By ▲ 0.15 (2.62%)
MLCF 90.52 Increased By ▲ 4.01 (4.64%)
NBP 190.17 Increased By ▲ 5.87 (3.19%)
PACE 11.53 Decreased By ▼ -0.12 (-1.03%)
PAEL 41.07 Increased By ▲ 1.11 (2.78%)
PIAHCLA 25.84 Increased By ▲ 0.17 (0.66%)
PIBTL 17.51 Increased By ▲ 0.24 (1.39%)
PPL 225.84 Increased By ▲ 3.17 (1.42%)
PRL 34.63 Increased By ▲ 0.17 (0.49%)
PTC 64.62 Increased By ▲ 0.88 (1.38%)
SEARL 91.38 Increased By ▲ 0.92 (1.02%)
SSGC 26.97 Increased By ▲ 0.30 (1.12%)
TELE 8.93 Increased By ▲ 0.02 (0.22%)
THCCL 69.16 Increased By ▲ 0.69 (1.01%)
TPLP 10.90 Decreased By ▼ -0.30 (-2.68%)
TREET 24.64 Decreased By ▼ -0.06 (-0.24%)
TRG 69.78 Decreased By ▼ -0.81 (-1.15%)
WAVES 11.16 Increased By ▲ 0.05 (0.45%)
WTL 1.27 No Change ▼ 0.00 (0%)
Markets

Wheat procurement campaign starts in Punjab

Published April 20, 2011 Updated April 20, 2011 10:33am

Wheat CropISLAMABAD: Wheat procurement campaign has been started all across the Punjab province to procure 4.7 million tons of the commodity this year.

"Food Department of Punjab would procure 3.5 million tons of wheat while the Pakistan Agriculture Storage and Services Corporation (PASSCO) would procure 1.26 million tons of the commodity during the current season," Wheat Development Commissioner in the Ministry of Food and Agriculture (MinFA) Dr Shakeel Ahmad Khan told APP here Wednesday,

Total wheat procurement target for the year 2010-11 has set at 6.57 million tons for tackling domestic requirements as well as keeping the strategic reserves in the country, he added.

He informed that PASSCO would procure total 1.3 million tons of wheat from all across the country including 1.26 million in Punjab and 40,000 tons from Sindh.

Dr Shakeel informed that Sindh government has procured about 250,000 tons of wheat till date while the crop harvesting was in full swing in province, he added.

Meanwhile, General Manager PASSCO (field) Tanveer Hussain said that the corporation would start procurement in Punjab from April 25 adding about  201 procurement centers have been established in nine zones of Punjab and Sindh.

Out of the total centers PASSCO has established 176 centers in Punjab and 11 centers in Sindh where as 14 procurement centers were proposed for the Balochistan province, he added.

GM PASSCO informed that all arrangements were finalized to procure the commodity on government-fixed rates of Rs. 950 per 40 kg adding that sacks for packing about 800,000 tons of wheat have been provided to the centers.

The centers would release these sacks for farmers at the ratio of eight bags per acare for small scale growers, however, 200 bags would be provided to large scale growers after verification of land record from Revenue Department, he added.

It may be recalled that bumper wheat crop over 24.2 million tons expected this year, where as the crop was cultivated over 21.99 million hectare land across the country.

The wheat production has been estimated at 18.2 million tons in Punjab while in Sindh 4.2 million tons, Khyber Pakhtunkhwa  (KP) 1.1 million tons and Balochistan 0.17 million tons wheat production estimated during current year.

Copyright APP (Associated Press of Pakistan), 2011

Comments

Comments are closed for this article.