Pakistan 2017-18 wheat crop estimated at a record 26.5 MMT vs 25.6 MMT in LY.

Pakistan’s wheat output in 2017-18 is estimated at a record high of 26.5 mln tn vs 25.6 mln tn in LY. Wheat sowing in Pakistan has ended and despite a marginal fall in acreage, the output is seen higher due to better yields. A good spell of rains in November and December along with high use of fertilisers has helped the crop. With high tariff rates and domestic prices, Pakistan is likely to be isolated” from the international wheat market