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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