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Market Watch

Wheat production surpasses revised estimates: Junejo

ISLAMABAD-Federal Minister for Food and Agriculture Khair Muhammad Junejo said on Tuesday the wheat production during the current year has risen to 18.955 million tonnes (mt) surpassing the revised estimates of 18.5 mt despite water shortage.

He said here on August 7, 2001 Punjab recorded wheat production of 15.420 mt whereas in Sindh it was 2.226 mt, NWFP 0.759 mt and Balochistan 0.550 mt.

The target of 20 mt wheat production was set for the year 2001 but had to be revised twice due to lack of rains and shortage of irrigation water, he added.

The lowest target of 17.4 mt was estimated by Federal Agriculture Committee after considering prevailing factors and gravity of water situation.

He said, "Despite 40 to 50 percent water shortage we achieved a good production level owing to farmers endeavour who used water judiciously and efficiently." Junejo said the area target for wheat sowing was set at 8.43 million hectares showing an overall decrease of 2.9 million tonnes as compared to the previous area of 8.463 million hectares due to non- availability of sufficient irrigation water.

About wheat procurement position, the Minister said, about 3.933 mt wheat has so far been procured against an overall procurement target of 4.5 mt. In Punjab, he said, about 2.265 mt wheat has been procured against a target of 3.0 mt while in Sindh, the procurement of 0.429 mt against the target of 0.400 mt has been made. In Balochistan, the procurement of 0.8 t against a target of 0.100 mths been made.

Junejo said the overall wheat stock position on July 17, was 7.385 mt which included Punjab 3.725 mt. Sindh 1.1119 mt, NWFP 0.3309 mt, Balochistan 0.278 mt and PASSCO 1.954 mt.

The production of wheat during 1999-2000 was 21.1 mt from an area of 8.64 million hectares. The production of Punjab was 16.48 mt, Sindh 3.01 mt , NWFP 1.07 mt and Balochistan 0.53 mt.

Junejo said provincial governments and Pakistan Agriculture Supply and Storage Corporation (PASSCO) have been asked to accelerate procurement process to safeguard farmers interest and to ensure minimum wheat price of Rs.300 per maund for the growers.

He expressed the hope that farmers would be able to get reasonable price of their production as a result of appropriate measures taken by the government.

The Minister said the government has also decided to encourage private sector in wheat procurement and its storage. A strategy to improve marketing mechanism and export of agriculture production was also being devised to boost national economy.

 

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