Pakistan’s agricultural exports have hit a record high of $6.8 billion, driven by a significant increase in rice and maize exports. The sector’s growth, particularly in the export of rice and maize, has positioned Pakistan as a leading global halal meat exporter with untapped potential. Other sectors, such as beverages, fish, and fruits, have also significantly contributed to the robust export performance, indicating sustained economic growth.

According to official data, short-term inflation in Pakistan eased to 22.32% in the week ending May 9. This can be attributed to decreased prices of wheat flour, rice, and certain vegetables. However, overall costs still increased during this period. Stay informed on market dynamics to make informed decisions.

Short-term inflation in Pakistan eased to 22.32% as rice and wheat flour prices dropped. Onions saw a significant decrease of 19.22%, while tomatoes experienced a rise of 19.24%. Overall, the week’s data indicates a decrease in inflation, but prices for various items continue to fluctuate.

Former actress and BJP leader Navneet Rana faces a case filed by Telangana Police for her controversial statement during an election campaign, suggesting that voting for Congress is akin to voting for Pakistan. The case serves as a reminder for politicians to exercise caution and avoid divisive rhetoric, focusing on addressing people’s concerns instead.

According to the Pakistan Bureau of Statistics, weekly inflation in Pakistan has decreased by 1.39% for combined consumption groups. The SPI for this week was recorded at 312.56 points, down from 316.95 points last week. Overall, the SPI has seen a significant increase of 22.32% compared to the same week last year. For more information on rice exporters in Pakistan, visit Has Rice and Pakistan Rice.

The World Bank-funded modernization of Guddu and Sukkur Barrages in Pakistan has made significant progress in desilting the Rice Canal, providing relief to growers by eliminating water shortages and siltation. Improved irrigation supplies are expected to positively impact rice cultivation in the region.

The desilting of the Rice Canal, an essential irrigation channel spanning across three districts and covering 481,000 acres of land, has nearly been completed. This achievement ensures adequate irrigation water for growers during the Kharif season, resolving long-standing issues of inadequate supplies and blockages.

The Sindh High Court criticizes the mishandling of 525,000 tonnes of rice by the Trading Corporation of Pakistan (TCP) and the Punjab trading agency, causing significant loss to the state exchequer and affecting the common man, highlighting the need for accountability and better management systems.

U.S. soybean product exports surge due to harvest delays in Argentina. However, beef sales decline, while old crop wheat and corn sales increase. Rice sales experience a dip. Notably, sorghum exports show a strong performance. Soybean, soybean meal, soybean oil, and upland cotton exports rise. Beef and pork sales decrease.

Pakistan’s rice exports have reached a 5-year high, signaling a growing demand for their rice in international markets. Competitive pricing, a strong network of exporters, and a variety of rice options have contributed to this surge, boosting the country’s economy and foreign exchange reserves.