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Market
Watch
Cotton-sowing in
Balochistan achieves 97% target
ISLAMABAD-The Cotton sowing gained momentum in Balochistan
province as it was sown over an area of 40,162 hectares thus
achieving 97 % of the sowing target during 2001-2002.
Detail
Cotton growers warned
against crop infestation
KHANEWAL-Cotton crop cultivated in most of the district is in
fairly good condition at present, however the attack of pink
bollworm is a imminent threat that can damage the amount and
quality of the produce, following the recent rains.
Khanewal district is among the most vital regions of southern
Punjab for cotton cultivation, with production over lacs of
acres every year. Deputy director Agricultural, Ch Ali Ahmad
Goraya said to combat the threat, it was necessary for growers
to avoid using sprays of a specific group.
He said pesticides which may he useful for the cotton crop
include triezophos, hyfetherince, cyper- matherine,
cyhalotherine, trilo matherine, delta matherine and fanohrate.
Fertilizer is vital for growth of Tea plants
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ISLAMABAD-Fertilizer is essential
for vigorous growth of young tea plants as lack of
insufficient supply of nutrients hamper healthy growth of
plants.
Detail
Govt
suffers Rs 20 million loss on sale of Soybean oil
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LAHORE-Trading
Corporation of Pakistan (TCP) has auctioned last week its 8,000
metric tones (Mts) of imported American Soybean oil to the
domestic Vanaspati Ghee and edible oil processing industry at a
heavily subsidized prices, industry sources said here on
Tuesday. During the first auction, government has suffered at
least Rs 20 million.
Detail
BoI to formulate wheat
procurement policy
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Lahore-The Board of Investment (BoI) is
working on a plan for formulating the wheat procurement policy
with particular emphasis on increasing storage capacity by
involving private sector.
Detail
Cotton sowing completed over
4.04 million hectares
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ISLAMABAD-The sowing of cotton crop has completed over an
area of 3.04 million hectares surpassing the overall target of
2.56 million hectares area fixed for cotton growing in the
country for year 2001.
Detail
Good cotton crop expeted
this year
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Lahore-Kissan Board Pakistan (KBP), while
experting good cotton crop this year has asked the government to
adopt effective measures for ensuring the proper price of
commodity to the cotton growers.
Detail
Punjab defers dismantling
Food Department
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LAHORE-The Punjab government has
shelved the idea of dismantling the provincial Food Department.
Detail
North Korea never become
self-sufficient: UN food chief
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BEIJING-North Korea, where
millions have been hit by starvation and malnutrition, may
never become self-sufficient in food, the top United Nations
food official said .
Detail
Iraq to import more wheat from Pakistan
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KARACHI-Minister of State and
Chairman Export Promotion Bureau (EPB), Tariq
Ikram, on August 16, 2001 signed the Agreed Minutes of the
meeting with Iraqi Trade Minister Dr. Mohammad Mehdi Saleh, at
the conclusion of his 5- day visit to Iraq.
Detail
Edible
oil production to bring down import bill
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KARACHI-Sindh finance and planning minister, Dr Abdul Hafeez
Shaikh, has said that large scale plantation of palm and
coconut and corporate farming will not only cut down import
bill significantly but also add to the beauty of coastal
areas, promote tourism and control the environmental
pollution. He stated this while talking to a four-member
delegation of Pakistan Coconut and Palm Planticians Society.
The minister said the government would extend all cooperation
to NGOs in projects of national importance. He said the
production of edible oil as per national requirement would not
only save us huge foreign exchange but also contribute to the
economic well being of people associated with this sector.
Hafeez said that Coastal Development Authority was being
reactivated so that economic activities could receive a boost
at the coastal area.
The delegation briefed the minister about the activities of
their organization and said the society is endeavouring to
promote awareness about palm and coconut plantation on coastal
areas. They proposed that the government should allot land on
15-20 year lease for plantation of palm and coconut along the
coastal belt. APP
Courtesy: Daily Dawn August 15
Govt sets
target of three million tons for rice export
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ISLAMABAD-The government has set a
target of three million tones for the export of rice this year
Joint Secretary, Ministry of Commerce, Nazir Saeed said here
on August 13.Detail
Pakistani
mango fetching more price this year
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MULTAN-Pakistani mango is
fetching more price this year as compared to last year in the
international market. Detail
Production of oilseed may increase by 20 percent
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LAHORE-Favorable weather
conditions are going to boost the production of local
oilseed by 20 percent this year.
Detail
Pakistan
fifth largest producer of dates in world
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ISLAMABAD-Pakistan follows Iran, Egypt, Iraq and Saudi Arabia
on the list of the top dates producing countries with 11
percent share of the global production of this delicious
fruit. Detail
Drought unlikely to
trigger huge Asian grain imports
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SINGAPORE: Asia, home to three-fifths of the world's
population, is unlikely to see a sharp rise in grain imports
despite being hit by erratic weather, as stock levels remain
high, a United Nations food official said on Monday.
Detail
Wheat
production surpasses revised estimates: Junejo
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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.Detail
Farmers to be apprised about new trends of international
market
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ISLAMABAD-The government has decided to establish a mechanism
to monitor requirements and new trends of international market
before sowing of major crops.
The agriculturists would be apprised about information so that
they could avail the opportunity and draw maximum benefit from
it. According to official sources the decision has been taken
to encourage growers to boost their output.
The latest information about requirements and new trends of
international market may greatly help the government and
growers in devising new strategies to cope with the situation.
It would enable the farmers to avail benefit from the
information by bringing about required changes in cropping
pattern in accordance with the demands of the open market. It
was decided to review the possibilities of enhancing
exportable agriculture production.
It decided that representatives of Export Promotion Bureau (EPB)
would be involved in future deliberations to increase exports
and get feedback. It was also decided that agriculture
extension department would provide necessary information to
the farmers and would coordinate with them in accordance with
demands and supply mechanism of the international market.
Aug 3
Auction of food unit
fetches Rs.32.5 million
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LAHORE-Corporate and
Industrial Restructuring Corporation (CIRC) on Friday
auctioned Malik Food Industries Ltd for the highest bid of
Rs.32.5 million while six more sick industries will be offered
for sale this month. Six bidders participated in the auction
which was conducted by Punjab Finance Minister and
Chairman,CIRC, Tariq Hameed after opening the sealed tenders.Detail
Cotton sowing surpasses target
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ISLAMABAD-Cotton sowing in Punjab
has been completed over an area of 2.477 million hectares,
surpassing the target of 2.02 million hectares and registering
an increase of 3.9 per cent over the last year's sowing.
Federal Committee of Agriculture (FCA) has set 2.02 million
hectares as area target for Punjab province. However the
province enhanced its target and it was re-fixed at 2.45
million hectares. According to official source, overall 2.56
million hectares area was fixed as target for cotton growing
in the country but an area of 2.89 million hectares, almost at
par with last year, have been sown which exceeded the target
by 13 percent.
The crop condition is satisfactory and recent rains were
useful for the crop.
He said Agriculture Researchers and Field Scientists are
guiding the farmers for crop management practices and pest
control measures. Area target given to Sindh was 0.5 million
hectares, of which an area of 0.38 million hectares which is
76 % of the target has so far been sown, adding he said, as
compared to last year it is 28 % less than the area sown
during corresponding period of last year.
Wheat stocks
inspection starts
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LAHORE-The Provincial Food
Department has started inspecting the stocks of wheat
throughout the province. All the relevant officers are
instructed to remain on duty during the inspection. The
inspection teams have been instructed to inspect at least one
district on daily basis. They are supposed to review the
stocks quantity and the measures adopted for the protection of
these stocks. They will also point out the irregularities to
the concerned officers of the department.
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