Wheat Prices in Pakistan 2023

Pakistan has always been rich in producing ‘Wheat’ and other crops due to its productive and agricultural lands all over the country and Wheat prices in Pakistan depend on production and availability.

Pakistan is blessed with all four seasons especially summer from May to June every year which ultimately helps it in growing crops and veggies.

In Pakistan, people love to eat desi and homemade foods, especially bread made with whole wheat and Atta for all three meals of the day. Wheat is full of nutrients and a power pack of energy. It affiliates day to day activities of a person by providing energy hence it is essential in our daily intake.

Whole wheat is healthier than simple wheat flour because it contains grain complete with bran, husk, and endosperm. The husk and bran are removed in many types of wheat flour, stripping them of many nutrients, dietary fibers, minerals, and vitamins.

Check Also: All Fertilizer Rates In Pakistan

Table of Contents

Latest Wheat Prices/Rates In Pakistan-

Today 17th November 2024

Province	Wheat Rate (40kg)	Updated On
Punjab	Rs: 4,620 - 4,730	17th November 2024
Sindh	Rs: 4,550 - 4,650	17th November 2024
KPK	Rs: 4,600-4,700	17th November 2024
Balochistan	Rs;4,675-4,700	17th November 2024

In Pakistan, Wheat Prices vary from district to district, and it’s different in its provinces.
The food department of the Pakistan government announce the minimum support price wheat price for the year 2022-2023 which is given as follows:

آج گندم کاریٹ

As mention in the table the wheat rate in Punjab Province: 3000Rs per 40Kg and in Sindh Province: 4000Rs per 40Kg which is approximately 54-60Rs per Kg inclusive of all taxes.
Its Prices and rates change every year by economic conditions and the annual budget schedule.

MSP of Wheat

Wheat procurement in 2022-23 has given a profit of 17.85 lacs to farmers with a market sale price value of 37,859.34 Crores the prices of “Kharif and rabi” cereals at which the grain was to be domestically procured by public agencies for release through PDS. It will usually announce soon after harvest began. Normally procurement price is lower than the open market price and higher than the MSP.

The Calculation rate of Wheat per kg

There are 1000 grams per kg so x grams is x/1000 kg and the price will be (x/1000)kg * r rupees/kg= xr/1000 rupees.

Buying Or Selling of Wheat

The trading of wheat works totally on a contract of difference (CFD) derivative instrument. These CFDs allow traders to speculate/observe wheat prices in Pakistan without purchasing ETFs. And shares the value of CFD is the difference between the purchase rate and the current rate.

Give your feedback in the comments and if you think rates are not up to date just let us know.

Also Check:

Wheat Prices in Pakistan 2024 – Latest Wheat Rate