Pakistan’s wheat production on the 2021/22 marketing year (MY) is forecast at 26.0 million metric tons (MMT), three percent higher than last year’s wheat production of 25.2 MMT, the U.S. Department of Agriculture (USDA) said in a report.
It said Pakistan’s MY 2020/21 wheat imports are now estimated at 3.4 MMT to help rebuild the country’s wheat stocks, with the forecast for MY 2021/22 imports much lower at 1.0 MMT, reflecting anticipated larger stocks over the next year.
“While wheat production struggles to rebound, rice and corn production continues to increase. MY 2021/22 rice production and exports are forecast at a record 8.3 MMT and 4.5 MMT, respectively, due to optimum production conditions and larger, more affordable supplies available for export. MY 2021/2022 corn production is forecast at a record 7.9 MMT, due to the increasing adoption of better yielding hybrid seed – a trend which is likely to continue in the short-term,” the report said.