Wheat New Price in Pakistan 2023

Wheat prices in Pakistan range between Rs. 4000 to Rs. 4600 per 40 KG. Wheat, also known as Gandum in Pakistan, is an important staple crop for the country's food security and general economy.

However, rising wheat prices in recent years have caused many farmers and consumers to be concerned, increasing difficulty for both.

This article covers Wheat Prices in Pakistan in-depth, offering insight into the reasons, trends, and future prospects that impact its dynamics.

Wheat Price in Pakistan Today List 2023

The prices of wheat in Pakistan shift across various urban communities and districts.

The prices are affected by different factors, for example, weather patterns, crop yield, request and supply, government approaches, and transportation costs.

The Pakistani government likewise sets a help price for wheat every year to guarantee that farmers get a fair price for their yields.

In general, wheat is a fundamental staple food in Pakistan and its prices essentially affect the vocations of many individuals, especially those engaged with agribusiness and the food business.

Wheat Price in Punjab

City
Minimum Price
Maximum Price
Average Price
Faqirwali
RS 4,500
RS 4,620
RS 4,610
Yazman Mandi
RS 4,550
RS 4,589
RS 4,534
Rahim Yar Khan
RS 4,550
RS 4,589
RS 4,534
Bahawalnagar
RS 4,580
RS 4,650
RS 4,635
Hasilpur
RS 4,550
RS 4,639
RS 4,569
Chichawatni
RS 4,500
RS 4,579
RS 4,554
Khanpur
RS 4,530
RS 4,589
RS 4,534
Jhang
RS 4,429
RS 4,479
RS 4,454
Burewala
RS 4,500
RS 4,579
RS 4,504
Fortabbas
RS 4,480
RS 4,650
RS 4,600
Bahawalpur
RS 4,550
RS 4,669
RS 4,599
Sadiqabad
RS 4,530
RS 4,619
RS 4,592
Haroonabad
RS 4,570
RS 4,637
RS 4,619
Dunga Bunga
RS 4,550
RS 4,625
RS 4,613


Wheat Price in Sindh

City
Minimum Rate
Maximum Rate
Average Rate
Qazi Ahmed
RS 4,600
RS 4,750
RS 4,700
Shikarpur
RS 4,500
RS 4,850
RS 4,750
Salehpur
RS 4,750
RS 4,850
RS 4,800
Kunri
RS 4,550
RS 4,800
RS 4,750
Umarkot
RS 4,550
RS 4,800
RS 4,750
Sanghar
RS 4,540
RS 4,800
RS 4,750
Mirpur Khas
RS 4,540
RS 4,750
RS 4,725
Nawab Shah
RS 4,520
RS 4,850
RS 4,825
Kotri
RS 4,750
RS 4,850
RS 4,750
Shahpur Chakar
RS 4,900
RS 4,950
RS 4,925
Hyderabad
RS 4,520
RS 4,989
RS 4,989
Karachi
RS 4,580
RS 5,069
RS 5,059


Wheat Price in KPK

KPK
Minimum Price
Maximum Price
Average Price
Mardan
PKR 4,700
PKR 4,620
PKR 4,620
Dera Ismail Khan
PKR 4,320
PKR 4,900
PKR 4,750
Peshawar
PKR 4,750
PKR 4,850
PKR 4,780


Wheat Price in Balochistan

City
Minimum Price
Maximum Price
Average Price
Quetta
PKR 4,650
PKR 4,700
PKR 4,680
Sibi
PKR 4,600
PKR 4,700
PKR 4,675


Wheat Price Influencing Factors

Price fluctuations in Pakistan's wheat market can be unexpected due to a variety of parameters. Farmers, consumers, and politicians must all be aware of these impacts.

Let us look at three of them that affect wheat price fluctuations:

Weather Patterns and Crop Yield

The weather has a significant impact on wheat productivity. Floods, droughts, or excessive temperatures can limit crop production; insufficient rainfall during critical growth phases or excess moisture may reduce wheat production, resulting in lower supply and higher prices.

Global supply and demand factors

Wheat supply and demand variables have a global impact on its price in the Pakistani market.

Major wheat-producing nations' production levels, import/export regulations, global trade dynamics, and volatility in supply/demand patterns can all have an impact.

Price fluctuations caused by changes in global supply/demand patterns can have a direct impact on local wheat markets.

Currency Exchange Rates

When local currencies decline in relation to major trade currencies, nations that rely substantially on wheat imports and exports suffer significantly.

This raises the price of imported wheat, resulting in higher consumer prices. Stronger local currencies, on the other hand, raise the cost of exports, limiting the value of domestically produced grain in global markets.

The Importance of Wheat in Pakistan

Pakistan is a horticultural country, with farming giving a type of revenue to more than 60% of the populace.

Wheat is most of the populace's fundamental eating routine and a significant money crop, representing around 13% of absolute established land and 3% of Gross domestic product.

Pakistan is the world's eighth-biggest wheat producer, with a yearly creation of around 25 million tons.

Despite its considerable output, Pakistan is a net importer of wheat due to high demand and low productivity.

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Muhammad Faizan Anwar