Wheat prices in the open market have experienced a significant decline, dropping from approximately Rs11,500 to around Rs9,003 per 100 kilograms, a development officials say is providing tangible relief to the public.
The price reduction was a key point of discussion at a meeting of the Sindh Cabinet Sub-Committee on Food, which convened to review the province’s wheat production outlook, pricing trends, and supply management, according to an official information today.
The session was chaired by Provincial Minister for Food, Makhdoom Mehboub uz Zaman, and attended by the provincial ministers for Agriculture and Irrigation, along with other senior officials.
During the meeting, it was announced that a record production of 4.50 million metric tonnes of wheat is expected during the current season. This forecast is based on cultivation across more than 1.484 million acres in Sindh, reflecting what officials described as improved agricultural performance and coordinated policy measures.
To ensure market stability in the metropolitan city, the committee was informed that 145,000 metric tonnes of wheat have already been released for Karachi from a total allocation of 360,000 metric tonnes. This measure is intended to maintain a consistent supply and prevent artificial shortages.
Provincial Minister Makhdoom Mehboub uz Zaman expressed his satisfaction with the notable reduction in wheat prices. He directed officials to maintain strict monitoring against hoarding and to employ effective enforcement to curb any artificial price manipulation, reiterating that consumer protection remains a top government priority.
The committee was also briefed that the proactive approach of releasing government stocks to prevent price volatility, a practice maintained from 2017 to 2023, is being continued. The meeting concluded by reaffirming the Sindh Government’s commitment to ensuring adequate wheat availability and safeguarding the public from exploitative practices.