{"id":8648,"date":"2023-10-03T09:14:06","date_gmt":"2023-10-03T09:14:06","guid":{"rendered":"https:\/\/ricenewstoday.com\/dev\/?p=8648"},"modified":"2023-10-03T09:14:07","modified_gmt":"2023-10-03T09:14:07","slug":"pakistan-expecting-record-wheat-rice-output","status":"publish","type":"post","link":"https:\/\/ricenewstoday.com\/dev\/pakistan-expecting-record-wheat-rice-output\/","title":{"rendered":"Pakistan expecting record wheat, rice output"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1001\" height=\"667\" src=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/10\/image-12.png\" alt=\"\" class=\"wp-image-8649\" srcset=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/10\/image-12.png 1001w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/10\/image-12-600x400.png 600w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/10\/image-12-300x200.png 300w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/10\/image-12-768x512.png 768w\" sizes=\"(max-width: 1001px) 100vw, 1001px\" \/><\/figure>\n\n\n\n<p>ISLAMABAD, PAKISTAN \u2014 Pakistan is projected to harvest a record 28 million tonnes of wheat in the 2023-24 marketing year, while consumption is also expected to reach an all-time high of 29.5 million tonnes, according to a Global Agricultural Information Network (GAIN) report from the US Department of Agriculture\u2019s Foreign Agricultural Service (FAS).<\/p>\n\n\n\n<p>Pakistan, which has the world\u2019s fifth largest population which is growing at nearly 2% per year, has been focusing on increasing grain output to address food insecurity issues. The FAS forecasts wheat ending stocks in 2023-24 to decline to 3.03 million tonnes, the lowest level since 2019-20.<\/p>\n\n\n\n<p>Pakistan is projected to see a 63% increase in rice production from 2022-23 to 9 million tonnes, which would be the second largest crop on record. With the anticipated large crop, Pakistan is forecast to set an export record of 5 million tonnes in 2023-24, a 40% increase over the previous year.<\/p>\n\n\n\n<p>\u201cThe local rice harvest has just begun in earnest, and initial yield reports indicate that the 9 million-tonne projected crop will be achieved,\u201d the FAS said. \u201cThe positive crop prospects, good price competitiveness in the world market, and India rice export ban have led to outstanding potential for rice exports.\u201dThe FAS also noted: \u201cMexico and Russia have renewed market access for Pakistani rice after many years,\u201d Pakistani rice exports to Indonesia have also increased this year.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD, PAKISTAN \u2014 Pakistan is projected to harvest a record 28 million tonnes of wheat in the 2023-24 marketing year, while consumption is also expected to reach an all-time high of 29.5 million tonnes, according to a Global Agricultural Information Network (GAIN) report from the US Department of Agriculture\u2019s Foreign Agricultural Service (FAS). Pakistan, which [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8649,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176],"tags":[340,160],"class_list":["post-8648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-pakistans-rice","tag-rice-export"],"acf":{"enable_premium_overlay":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pakistan expecting record wheat, rice output - Rice News Today<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pakistan expecting record wheat, rice output - Rice News Today\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD, PAKISTAN \u2014 Pakistan is projected to harvest a record 28 million tonnes of wheat in the 2023-24 marketing year, while consumption is also expected to reach an all-time high of 29.5 million tonnes, according to a Global Agricultural Information Network (GAIN) report from the US Department of Agriculture\u2019s Foreign Agricultural Service (FAS). 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