Wheat Prices in Pakistan 2024 Today’s Latest Gandum Rate

Wheat prices in Pakistan are significant because it is a basic food and a major agricultural sector. This grain is used in traditional Pakistani cuisines as well as in ordinary meals. Wheat production is critical to livelihoods and food security, as it dominates arable land.

Wheat rates in Pakistan vary owing to several factors. Pakistan produces wheat, but price fluctuations damage growers and consumers. Wheat’s commercial value is 2,600 to 3,000 rupees per 40-kilogram bag. It impacts household budgets and national economic patterns at 1 kg wheat price in Pakistan. Price patterns are key to understanding Pakistan’s economy and agriculture.

wheat prices in pakistan today

Wheat Prices in Pakistan Today 2024

Gandum Rate in Pakistan normally ranges between 3,400 and 4,000 rupees per 40-kilogram bag, reflecting the country’s overall market conditions. These prices are used as a critical benchmark for agricultural commerce and food affordability in diverse regions.

Wheat Prices in Sindh

In Sindh, wheat rates range from 2,700 to 3,080 PKR per 40-kilogram bag. Local production, demand-supply dynamics, and government initiatives all have an impact on provincial pricing, affecting both farmers and consumers.

District / CityMinimum RateMaximum Rate
Karachi3,060 PKR3,080 PKR
Larkana2,820 PKR2,950 PKR
Tando Muhammad Khan2,830 PKR3,030 PKR
Mirpur Khas2,830 PKR3,030 PKR
Sukkur2,800 PKR3,000 PKR
Ghotki2,700 PKR2,900 PKR
Sakrand2,840 PKR3,080 PKR
Hyderabad3,000 PKR3,020 PKR
Jhuddo2,900 PKR3,020 PKR
ShahdadPur3,000 PKR3,020 PKR
Umarkot2,800 PKR3,030 PKR
Mehrabpur2,700 PKR2,900 PKR
Sanghar2,800 PKR3,000 PKR
Tando Allah Yar2,800 PKR3,000 PKR
Kunri2,800 PKR2,950 PKR
Nawab Shah2,900 PKR3,040 PKR
Dadu2,720 PKR2,900 PKR
Shikarpur2,850 PKR3,040 PKR

Water Dispenser Price in Pakistan

Wheat Prices in Punjab

Punjab, Pakistan’s largest wheat-producing province, has wheat costs ranging from PKR 2,500 to PKR 3,090 per 40-kilogram bag. Agricultural production, weather conditions, and government regulations drive this price unpredictability, shaping the region’s economy.

District / CityNew Wheat Minimum RateNew Wheat Maximum Rate
Kahror Pakka2,700 PKR2,900 PKR
Lodhran2,650 PKR2,750 PKR
Chishtian2,680 PKR2,720 PKR
Haroonabad2,630 PKR2,700 PKR
Minchanabad2,700 PKR2,760 PKR
Sadiqabad2,700 PKR2,780 PKR
Rajanpur2,700 PKR2,770 PKR
Pattoki2,600 PKR2,700 PKR
Bahawalpur2,600 PKR2,750 PKR
Faisalabad2,710 PKR2,960 PKR
Maroot2,750 PKR2,970 PKR
Ali Pur2,500 PKR2,650 PKR
Okara2,700 PKR2,800 PKR
Dunga Bunga2,700 PKR2,780 PKR
Layyah2,600 PKR2,640 PKR
Khanpur2,650 PKR2,735 PKR
Toba Tek Singh2,700 PKR2,760 PKR
Dera Ghazi Khan2,660 PKR2,800 PKR
AhmadPur Sharqia2,600 PKR2,760 PKR
Yazman Mandi2,700 PKR2,750 PKR
Bhakkar2,850 PKR2,950 PKR
Chichawatni2,700 PKR2,760 PKR
ArifWala2,650 PKR2,670 PKR
Fortabbas2,600 PKR2,630 PKR
Bahawalnagar2,700 PKR2,750 PKR
Faqirwali2,650 PKR2,680 PKR
Rawalpindi2,950 PKR3,000 PKR
Khanewal2,650 PKR2,720 PKR
Islamabad2,780 PKR2,900 PKR
Mianwali2,800 PKR3,000 PKR
Vehari2,630 PKR2,670 PKR
Multan2,750 PKR2,800 PKR
Dera Ismail Khan2,830 PKR3,090 PKR
Pakpattan Sharif2,760 PKR2,840 PKR
Chowk Munda2,700 PKR2,820 PKR
Burewala2,650 PKR2,700 PKR
Muzaffargarh2,700 PKR3,020 PKR
Sheikhupura2,600 PKR2,800 PKR
Mian Channu2,600 PKR2,690 PKR
Hasilpur2,600 PKR2,670 PKR
Chakwal2,700 PKR2,850 PKR
Sahiwal2,500 PKR2,670 PKR
Gujranwala2,760 PKR2,850 PKR
Chowk Azam2,600 PKR2,700 PKR
Sargodha2,760 PKR2,950 PKR
Rahim Yar Khan2,700 PKR2,730 PKR
Lahore2,800 PKR2,900 PKR

Wheat Rates in KPK

KPK wheat prices rely on local agricultural conditions, market demand, and transportation costs. While pricing ranges vary, they affect farmers’ incomes and consumer purchasing power across the province.

District / CityMinimum RateMaximum Rate
Dera Ismail KhanPKR 2,800PKR 3,000
MardanPKR 2,750PKR 3,050

Wheat Costs in Balochistan

Arid climate, logistical issues, and government help affect Balochistan wheat prices. Balochistan prices usually match the national average, although regional circumstances can alter agricultural stakeholders and consumers.

District / CityMinimum RateMaximum Rate
Sibi2,800 PKR3,000 PKR
Quetta2,850 PKR3,000 PKR

Factors Influencing Wheat Prices

Understanding wheat price changes requires understanding intricate component interactions. Supply and demand, government policy, and worldwide markets affect its prices. Let us examine each of these factors to determine how they affect Pakistani wheat rates.

Dynamics of Supply and Demand

Its prices vary according to supply and demand. Domestic and global output changes influence supply. Demand is influenced by client preferences, population growth, and economic conditions. When supply exceeds demand, prices decrease, whereas scarcity raises them.

State Policies and Subsidies

Wheat prices are driven by government policies and subsidies. Farmer subsidies, such as input subsidies and price support, can reduce production costs while influencing supply. Import/export restrictions and tariffs are examples of government pricing controls and trade policies that influence market prices.

International Market Trends

Global market developments can have an impact on domestic wheat costs. Crop harvests in major wheat-producing countries, geopolitical conflicts, currency exchange rates, and trade agreements all contribute to price volatility. Pakistani wheat rates can be quickly influenced by global demand or supply chain difficulties.

Weather and Agriculture

Agriculture and climate affect wheat output and prices. Floods, droughts, pests, and diseases diminish food production, causing shortages and increased prices. However, good weather and agricultural innovations can raise output and stabilize prices. Climate risks affect wheat costs, therefore adaptation and resilience are key.

Market Outlook and Predictions

Exploring the future trajectory of the wheat rate involves considering expert forecasts, understanding price volatility, and exploring potential solutions to address market challenges.

  • Forecasts by Experts: Agricultural economists, market analysts, and industry professionals must predict wheat costs. Experts can help stakeholders navigate the wheat market by assessing historical data, present patterns, and projected supply and demand changes.
  • Pricing Volatility: Weather, geopolitics, and global demand affect wheat rates, making them volatile. Farmers, traders, and regulators must understand and manage this volatility to reduce risks and maximize wheat market decisions.
  • Possible Answers: Wheat market issues necessitate effective answers. Agriculture research and technology can boost productivity, infrastructure and logistics can prevent supply chain disruptions, and market transparency and stability rules can help.

Current Cement Price in Pakistan

Overall Conclusion

In conclusion, the fluctuation in wheat prices in Pakistan is a complex phenomenon influenced by various factors. Understanding these dynamics is crucial for policymakers, farmers, and consumers to navigate the wheat market effectively. By addressing challenges in wheat production and implementing appropriate policies, Pakistan can ensure food security and stability in wheat costs.

Frequently Asked Questions (FAQs)

What is the current price of wheat in Pakistan?

As of June 14, 2024, wheat prices in Pakistan are estimated at PKR 3,000 to PKR 3,200 per 40 Kg for old wheat and PKR 2,600 to PKR 3,000 per 40 Kg for new wheat, varying by type, location, and quality.

How do wheat costs impact consumers?

Fluctuations in wheat costs directly affect consumers by impacting household budgets, food security, and inflation rates.

What challenges does wheat production face in Pakistan?

Wheat production in Pakistan faces challenges such as yield fluctuations, pest and disease management issues, and the need for technological advancements.

What role does the government play in regulating wheat rates?

The government regulates wheat rates through price regulations, support programs for farmers, and import-export policies.

What is the outlook for wheat prices in Pakistan?

The outlook for wheat prices in Pakistan is uncertain and depends on various factors like global wheat production, government policies, and domestic demand. share more_vert

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