Wheat Review
Pakistan is primarily an agricultural counties which shares a major chunk of the GDP of this country where wheat stands as one of the major crops of the country. Wheat is the major source of food for the entire country and it is even exported abroad. In the past few years, there has been a rapid increase in wheat prices in Pakistan causing the inflation to reach at dangerous level. Over the past three years, the price of wheat has almost doubled which shows a negative sign of economic stability in the country. Most of the farmers in Pakistan are not able to get good number of buyers which makes them sell the wheat at lower than market government rates. The brokers and intermediaries also play their role in making wheat out of the reach of a common person and exploit the farmer by charging high commission rates. The economic chaos at the national level and reckless plundering of public money has made the government to withdraw all the subsidies that the government provided on agricultural products making things worse for the public. However, the government has sensed the need of the hour and is planning to regulate the growing and sale of wheat from the farmer in an attempt to control the price of wheat in Pakistan. Some of the major economic players even invest in wheat seeing prospective growth opportunities in wheat rates. If you are looking to invest as such or even buy wheat for yourself, you can get the latest prices of wheat here.
1 Comment Found
katiyar Says:
January 31, 2013kindly provide me average monthly rates of wheat for last six months