Wheat Price in Pakistan Today 2023 | Gandum Rate per 40KG

As of June 2024, the wheat price in Pakistan varies from Rs. 3000 to Rs. 3200 per 40 KG. Wheat, a vital staple crop known as Gandum in Pakistan, holds significant importance for the country’s food security and overall economy. However, rising wheat prices in recent years have raised many concerns among farmers and consumers, creating hardship for both.

This article delves into a comprehensive analysis of Wheat Prices, shedding light on the factors, trends, and prospects that shape its dynamics.

The prices of wheat in Pakistan vary across different cities and regions. The prices are influenced by various factors such as weather conditions, crop yield, demand and supply, government policies, and transportation costs. Farmers and traders usually sell wheat in local markets and mandis where prices fluctuate daily depending on the prevailing conditions.

The Pakistani government also sets a support price for wheat each year to ensure that farmers get a fair price for their crops. Overall, wheat is an essential staple food in Pakistan and its prices have a significant impact on the livelihoods of many people, particularly those involved in agriculture and the food industry.

Wheat Price in Punjab:

District / City	Minimum Prices	Maximum Prices
Bahawalpur (بہاولپور)	2,600 PKR	2,750 PKR
Chichawatni (چیچہ وطنی)	2,700 PKR	2,760 PKR
Yazman Mandi (یزمان)	2,700 PKR	2,730 PKR
Sargodha (سرگودھا)	2,760 PKR	2,950 PKR
Faqirwali (فقیروالی)	2,650 PKR	2,680 PKR
Pattoki (پتّوکی)	2,600 PKR	2,700 PKR
Rahim Yar Khan (رحیم یار خان)	2,700 PKR	2,750 PKR
Maroot (مروٹ)	2,750 PKR	2,970 PKR
Islamabad (اسلام آباد)	2,780 PKR	2,900 PKR
Fortabbas (فورٹ عباس)	2,640 PKR	2,670 PKR
Minchanabad (منچن آباد)	2,700 PKR	2,760 PKR
Khanpur (خان پور)	2,650 PKR	2,735 PKR
Burewala (بورےوالا)	2,650 PKR	2,680 PKR
Okara (اوکاڑہ)	2,700 PKR	2,800 PKR
Gujranwala (گوجرانوالہ)	2,760 PKR	2,850 PKR
Rawalpindi (راولپنڈی)	2,950 PKR	3,000 PKR
Ali Pur (علی پور)	2,500 PKR	2,650 PKR
Chowk Munda (چوک مُنڈا)	2,700 PKR	2,820 PKR
AhmadPur Sharqia (احمد پور شرقیہ)	2,600 PKR	2,760 PKR
Layyah (لیہ)	2,600 PKR	2,640 PKR
Bhakkar (بکھر)	2,850 PKR	2,950 PKR
Faisalabad (فیصل آباد)	2,710 PKR	2,960 PKR
Sadiqabad (صادق آباد)	2,700 PKR	2,760 PKR
Bahawalnagar (بہاولنگر)	2,700 PKR	2,730 PKR
Vehari (وہاڑی)	2,630 PKR	2,680 PKR
Chishtian (چشتیاں)	2,680 PKR	2,720 PKR
Lodhran (لودھراں)	2,650 PKR	2,730 PKR
Mian Channu (میاں چنّوں)	2,600 PKR	2,690 PKR
Haroonabad (ہارون آباد)	2,630 PKR	2,700 PKR
Mianwali (میانوالی)	2,800 PKR	3,000 PKR
Muzaffargarh (مظفر گڑھ)	2,700 PKR	3,020 PKR
Dera Ghazi Khan (ڈیرہ غازی خان)	2,660 PKR	2,800 PKR
Pakpattan Sharif (پاک پتن)	2,760 PKR	2,840 PKR
Chowk Azam (چوک اعظم)	2,700 PKR	2,720 PKR
Hasilpur (حاصل پور)	2,600 PKR	2,650 PKR
Ferozewala (فقیروالی)	2,650 PKR	2,680 PKR
Lahore (لاہور)	2,800 PKR	2,900 PKR
Chakwal (چکوال)	2,700 PKR	2,850 PKR
Multan (ملتان)	2,750 PKR	2,820 PKR
Dera Ismail Khan (ڈیرہ اسماعیل خان)	2,830 PKR	3,090 PKR
Toba Tek Singh (ٹوبہ ٹیک سنگھ)	2,700 PKR	2,760 PKR
Rajanpur (راجن پور)	2,700 PKR	2,750 PKR
Sahiwal (ساہیوال)	2,500 PKR	2,650 PKR
Fortabbas (فورٹ عباس)	2,640 PKR	2,670 PKR
ArifWala (عارف والا)	2,650 PKR	2,670 PKR
Fazil Pur (فضل پور)	2,600 PKR	2,680 PKR
Dunga Bunga (ڈنگہ بونگہ)	2,700 PKR	2,780 PKR
Sheikhupura (شیخوپورہ)	2,600 PKR	2,800 PKR
Khanewal (خانیوال)	2,650 PKR	2,700 PKR

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Wheat Price in Sindh:

District / City	Minimum Rate	Maximum Rate
Karachi	3,060 PKR	3,080 PKR
Jhuddo	2,900 PKR	3,020 PKR
Ghotki	2,700 PKR	2,900 PKR
Sukkur	2,800 PKR	3,000 PKR
Larkana	2,820 PKR	2,950 PKR
Sakrand	2,840 PKR	3,080 PKR
Hyderabad	3,000 PKR	3,020 PKR
Mehrabpur	2,700 PKR	2,900 PKR
ShahdadPur	3,000 PKR	3,020 PKR
Dadu	2,720 PKR	2,900 PKR
Nawab Shah	2,900 PKR	3,040 PKR
Shikarpur	2,850 PKR	3,040 PKR
Tando Muhammad Khan	2,830 PKR	3,030 PKR
Mirpur Khas	2,830 PKR	3,030 PKR
Sanghar	2,800 PKR	3,000 PKR
Tando Allah Yar	2,800 PKR	3,000 PKR
Kunri	2,800 PKR	2,950 PKR
Umarkot	2,800 PKR	3,030 PKR

Wheat Price in KPK:

KPK	Minimum Price	Maximum Price
Mardan	Rs. 2,750	Rs. 3,050
Dera Ismail Khan	Rs. 2,800	Rs. 3,000

Wheat Rate in Balochistan

District / City	Minimum Price	Maximum Price
Quetta	Rs. 2,850	Rs. 3,000
Sibi	Rs. 2,800	Rs. 3,000

Pakistan is an agricultural country, where about 60% of the population is directly or indirectly dependent on agriculture for their livelihood. Wheat is the staple food of the majority of the population, and it is also an important cash crop, accounting for about 13% of the total cropped area and 3% of the GDP. Pakistan is the 8th largest wheat producer in the world, with an average production of about 25 million tons per year. However, despite the high production, Pakistan is also a net importer of wheat, due to the high demand and low productivity.

The wheat price has been volatile over the years, with significant fluctuations in response to various factors. According to the Pakistan Bureau of Statistics, the average wholesale price of wheat per 40 kg bag in Pakistan was around PKR 1350 in 2015, which increased to PKR 1850 in 2018, and then decreased to PKR 1400 in 2021. However, these figures do not reflect the actual prices that farmers or consumers pay, as they may vary depending on the location, quality, and seasonality.

The wheat price in Pakistan is influenced by various factors, some of which are within the control of the government and others are beyond the control of the market. Some of the major causes of price fluctuations are as below:

Domestic Production

Pakistan’s wheat production heavily depends on climatic conditions and irrigation facilities. Therefore, any natural calamity, such as floods or drought, can significantly affect the country’s wheat production and, consequently, the price. Moreover, low yields due to outdated farming practices, inefficient use of inputs, and lack of proper post-harvest management also contribute to fluctuations in Kanak price in Punjab.

Global Supply and Demand

Pakistan is not self-sufficient in wheat production and imports a considerable amount of wheat to meet domestic demand. Therefore, any changes in global wheat supply and demand, such as an increase in demand or a decrease in supply, can affect the import price of wheat, leading to fluctuations in the domestic price.

Government Policies

The government of Pakistan heavily regulates the wheat market through various policies, including subsidies, procurement, and support prices. Any changes in these policies, such as an increase in support price or reduction in subsidies, can affect the wheat price. Moreover, government policies regarding imports and exports of wheat also play a crucial role in determining the domestic price.

Climate Change

Climate change is a significant factor contributing to fluctuations in wheat prices. Increasing temperatures, changing precipitation patterns, and extreme weather events can significantly impact wheat production, leading to reduced yields and higher prices.

Lack of Innovation and Technology

Wheat production in Pakistan has been stagnant for the past decade, and the yield per hectare is much lower than international standards. One of the main reasons for this is the lack of innovation and technology adoption in the agriculture sector, such as the use of modern seed varieties, irrigation systems, fertilizers, and pesticides. This not only affects the productivity and quality of wheat but also increases the cost of production, which is passed on to the consumers.

The wheat price fluctuations in Pakistan have far-reaching impacts on various stakeholders, including farmers, consumers, traders, and policymakers. Some of the major impacts are:

Farmers

• The farmers who produce wheat are directly affected by the price fluctuations, as it determines their income and livelihood. If the wheat rate in Punjab is high, they can earn more profits, but if it is low, they may not even recover their cost of production. This can lead to debt, distress, and migration to other occupations.

Consumers

• Consumers who consume wheat-based products, such as bread, chapatti, and pasta, are also affected by price fluctuations, as they determine their food expenses and nutrition. If the price is high, they have to spend more on food, which can reduce their purchasing power and increase the incidence of malnutrition and poverty.

Traders

• The traders who buy and sell wheat are also affected by price fluctuations, as they determine their profit margins and risks. If the wheat price is high, they can make more profits, but if it is low, they may incur losses or face market volatility. This can lead to market inefficiency and corruption, as some traders may resort to hoarding or speculation to manipulate the prices.

Policymakers

• The policymakers who formulate and implement wheat-related policies are also affected by price fluctuations, as they determine their political and economic agenda. If the price is high, they may face public pressure to reduce it through subsidies or price controls, which can distort the market and create fiscal burdens. Similarly, if the price is low, they may face resistance from the farmers and traders who demand more incentives and support.

The wheat price fluctuations in Pakistan are a complex issue that requires a multifaceted approach from various stakeholders. Some of the solutions that can address the root causes of the problem are:

Increased Production

Pakistan has the potential to increase its wheat production through various measures, including the adoption of modern farming practices, efficient use of inputs, proper post-harvest management, and the development of climate-resilient varieties. If these measures are implemented, it can lead to increased wheat production, which can stabilize the domestic wheat price.

Technology Adoption

To increase wheat productivity and quality while decreasing production costs, Pakistan should implement modern agricultural technologies and practices. This may involve initiatives such as promoting the use of disease-resistant and high-yield seed varieties, introducing precision farming and mechanization, and offering capacity-building programs and extension services to farmers.

Trade Policy

To keep up with evolving global trends and domestic needs, Pakistan requires a flexible and balanced trade policy. Several measures can be taken towards this end, including reducing tariffs and non-tariff barriers on wheat imports and exports, negotiating trade agreements with neighboring countries and international organizations, and promoting value addition and diversification within the wheat sector.

Food Security

Pakistan needs to ensure food security for its population by ensuring the availability, accessibility, and affordability of wheat-based products. This can be done through various measures, such as maintaining an adequate buffer stock of wheat, implementing targeted subsidies and safety nets for vulnerable groups, and promoting the production and consumption of diversified and nutritious food items.

The wheat price in Pakistan is subject to various factors, including domestic production, global supply and demand, government policies, and climate change. The rising prices have been a subject of concern for both farmers and consumers. However, there are possible scenarios where the price can stabilize, including increased production, global supply and demand, government policies, and climate-resilient farming practices. Therefore, it is essential to adopt a holistic approach to address the challenges facing the wheat sector in Pakistan.