Wheat News in English

‘There exists no ban on wheat transportation from Punjab’

Indonesia is set to import a record 12.6 million tonnes of wheat for the 2023-24 marketing year, up 33% from 2022-23, driven by higher demand from feed mills, increased consumption of flour-based foods, and a preference for cheaper staples over rice, according to the USDA’s Foreign Agricultural Service (FAS). The increase reflects a forecast rise in wheat consumption for both food and feed. However, corn consumption for feed has been revised down by 8.5% to 8.6 million tonnes. Due to lower local corn production and high domestic corn prices, 2024-25 wheat imports are expected to ease to 12 million tonnes. Additionally, El Niño has led to decreased rice and corn production.

LAHORE: Punjab Food Minister Bilal Yasin has said that there is no restriction on the transportation of wheat and processed products from Punjab to other provinces.

He was talking to Secretary Food Punjab Moazzam Iqbal Sipra at the Food Directorate on the prices of wheat and flour.

He asked for recommendations to reduce the proportion of flour bags, saying that the benefit of the decrease in wheat and flour prices in the market should be passed on directly to the people.

The Minister was briefed that in recent days, a decrease in wheat prices has been recorded in grain markets across the province.

Secretary Food Moazzam Iqbal Sipra said that in the last eight days, 37,000 bags of wheat were transported from Punjab to other provinces. “This month, 124 permits for wheat were issued from various districts, and 7,763 permits for flour were issued from Punjab’s flour mills. 157,844 metric tons of flour was transported to other provinces.”

Source Link : https://www.brecorder.com/news/40317140/top-city-case-ex-isi-chief-faiz-hameed-taken-into-military-custody-says-ispr

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