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Pakistan’s MY 2015/16 (August-July) cotton production is expected to reach 8.2 million 480 lb bales, down nearly 25 percent from last year’s crop.
Pakistan continues to expand its imports of soybeans, importing over 500,000 metric tons in 2014/15 (a record), with projected 2015/16 imports of 1.5 million metric tons.
Production of cotton, far and away Pakistan’s largest domestic source of oilseeds, is expected to reach 10.0 million 480 lb bales, unchanged from the current USDA 2015/16 forecast.
The Government of Pakistan procured 5.0 million metric tons of wheat from the recently concluded harvest, well below the 6.2 million ton target.
The Senate Agriculture Committee passed the amendments to Pakistan’s 1976 Seed Act.
The Government of Pakistan recently increased the sugar import tariff from 20 to 40 percent in an effort to shield its domestic industry from imports as domestic prices rise...