Satellite and text messages: Pakistani farmers' new irrigation tools

It is still beyond farmer Mohammad Ashraf’s comprehension that people in Islamabad can predict that it will rain in the next two days in his village. He is also astonished that, based on this prediction, they can tell him how much he should water his rice and sugarcane plantations.

“I marvel at this science of being able to predict something that is unknown and in God’s hands,” says the 36-year-old farmer. Read More

10 Days Weather Advisory for Farmers 11th to 20th June 2017

Temperature Forecast

Day temperatures are expected slightly above normal in most parts of the country, however night temperature are expected normal in most of the agricultural parts of the during the decade.

Rain Forecast

• Punjab

Light to moderate rainfall is expected in most parts of the province during the current decade. 

For More Detail : http://par.com.pk/news/10-days-weather-advisory-for-farmers-11th-to-20th-june-2017

World Sugar

World Sugar in Pakistan 

World Sugar Market Report:

International Sugar Market Report:(Click on Link)

Cotton News in Pakistan 

Cotton Bales Transaction in Sindh & Punjab Stations:

1,200 bales of Sindh stations traded between @Rs.7000 (80.94 c/lbs) to @Rs.7200 (83.26 c/lbs) PMD ex-gin while 6,400 bales of Punjab stations traded between @Rs.6900 (79.79 c/lbs) to @Rs.7250 (83.83 c/lbs) PMD ex-gin. 5,536 bales of Punjab stations sold @Rs.7200 (83.26 c/lbs) to @Rs.7500 (86.72 c/lbs) PMD ex-gin on deferred payment.

Edible Oil

Edible Oils in Pakistan 

CBOT Edible Oil Market Report:

CBOT Market Outllook(Click on Link)

Plam Oil

Malaysia Jan. 1-15 Palm Oil Exports 467,817 Tons, Down 27% on Month:

Jan 1-15 Dec 1-15

RBD Palm Olein 219,750 241,812

RBD Palm Oil 60,095 76,814

RBD Palm Stearin 42,077 81,118

Crude Palm Oil 52,895 119,087

Total* 467,817 644,556

Major importers of Malaysian palm oil:

European Union 63,735 123,332
China 170,300 168,030
U.S. 68,764 78,094
India 22,400 97,315
Pakistan 0 12,000

*Palm oil product volumes don’t add up to total, as some products aren’t included.

Cotton World

International Cotton Market Report: (Click on Link)

Cotton Price in Pakistan  

Today Karachi Cotton Association Spot Rate:

Today Karachi Cotton Association (KCA) Spot price unchanged at 7000 per maund Ex-Gin.

Cotton Market Price

Sindh Cotton Market:

Similiarly, Sindh cotton market was also stable. Upper Sindh Cotton was traded at price range of 7100-7200 per maund. Phutty was traded at 2800-3050 per maund.In Lower Sindh Cotton was traded at the price range of 5800-6800 per maund while phutty was traded at 2000-2500 per maund. On Tuesday – 14/1/2014 cotton market was closed on Account of Public Holiday.

Raw cotton in Pakistan 

Pakistan Kappas/Row cotton outlook: (Click on link)

Cotton on in Pakistan 

Cotton Market Outlook (Click on Link)

Soybean oil in Pakistan 

BMD CPO May Rebound on CBOT Soy; MYR2,450-MYR2,500/Ton Band:

BMD CPO futures may reverse losses and nudge up at the start of trading on Wednesday, helped by higher CBOT soy futures due to weather concerns in Argentina, a major soy producer. Both palm and soyoil compete for similar export markets. Still, gains are likely to be subdued given concerns about sluggish export demand for palm oil, says a Kuala Lumpur-based broker, who tips trade in a MYR2,450-MYR2,500/ton band today. Benchmark March CPO ended MYR23 lower at MYR2,494/ton Monday. Malaysian markets were closed Tuesday for a public holiday.

Cotton market in Pakistan

Pakistan Cotton Market Report:

Rates depicted firmness as volume of business improved on the cotton market on Friday in the process of trading, dealers said. Market sources said that exporters of ready-made garments hoping for significant increase in exports this year. Cotton analyst said that Pak businessmen were getting positive response there, the yarn prices showed firmness following the Generalized System of Preference (GSP) plus status by the European Union (EU), he added.

Biodiesel in Pakistan

UOB Kay Hian Malaysia Research expects crude palm oil (CPO) to average RM2,950 per tonne in 2014 on lower inventory level, tight supply and robust demand.

In its plantations industry outlook issued on Monday, it was maintaining its Overweight stance as CPO price was expected to gain upside momentum.

At midday, CPO for third month delivery slumped RM9 to RM2,508 which was the lowest since Nov 8, 2013.

“The commitments from the top two palm oil producers (Indonesia, Malaysia) to raise domestic biodiesel blend will ensure that the increase in palm oil supply in 2014 will be largely absorbed by biodiesel use, and hence keep inventory levels in check,” it said.

UOB Kay Hian Research said Malaysian palm oil inventory was 24.4% on-year lower at 1.99 million tonnes in 2013, lower than its expectation likely due to better-than-expected demand for palm oil in both domestic and export markets.

“Going into 2014, we expect inventory to stay in the range of 1.7 million to 2.1 million tonnes despite better CPO production of 19.4 million to 19.5 million tonnes on the back of better domestic demand for biodiesel use.

Cotton seeds in Pakistan

 

Cotton Prices in Punjab Station:

• AhmedPu 7200
• Vehari 7125
• Yazman 7100

Cotton market price in Pakistan

 

Cotton Prices In Punjab:

Rayhim yar Khan                                        7225

Main Wali                                                  7200

Yazman                                                    7100

Multan                                                      6900

Commodity trading in Pakistan

Commodity trading in Pakistan

Thin business was seen on the cotton market on Thurs‐day as ginners were not interested in lowering the asking prices in expectations of increase in profits, dealers said.

• According to the market sources, most of the local buyers were not ready to pay above the psychological level, in the meantime, the ginners were not keen to oblige the in anticipation of better returns.

• Recent surge in political violence, force the Bangladeshi textile industries to close their business, so they may not be able to meet orders on time, they said.

• Political unrest in Bangladesh likely to help Pak exporters to take advantage of this opportunity, so, prices may go up further in days to come, cotton analyst said.

• Reuters adds: US cotton fell nearly 2 percent on Wednesday, its sharpest tumble in two months, on fear the market was overbought ahead of exports and crop data later this week that some traders said could cite weaker sales and higher inventories.

• The S&P GSCI and DJ‐UBS commodity indexes cumulatively cut their weightings for cotton by 0.17 percent.

Rice export in Pakistan 

Rice Exporters Association of Pakistan (Reap) has pinpointed major factors behind decline in rice exports. Reap Acting Chairman Chaudhry Samiullah told Business Recorder that lack of research and development in extra long grain seed has reduced the rice productivity per acre.

“New varieties always help increase per acre yield and have better ability to protect themselves against different diseases. The new varieties also make farmers prosperous and help earn precious foreign exchange,” he added. He said the volume of Pakistani rice remained stagnant at 6 million tons during last 5 years but the local consumption grew more and hence a small quantity is left for export each year.

“We require advanced research and development (R&D) for higher per acre yield. Super basmati was evolved in 1996 and since then the (R&D) sector has failed to produce any new extra long grain seed,” he said. Comparing Pakistan with competitor India, he said that per acre yield of super basmati fell to 32 maunds from 48 maunds in Pakistan while India evolved seeds that provide over 50 maunds per acre.

Samiullah said other associations have their own training institutes to equip their workforce with latest technologies and standards and are funded by the government, but unfortunately the rice sector has been deprived of any infrastructure and facilities. Reap being second largest export association and second largest forex earner desperately needs government assistance,” he added. Load management by electricity distribution companies is another reason behind reduced milling capacity, ie, 50 percent. Some of our members complain of even 14 hours electricity shutdown in rural areas’ feeders. The milling capacity of rice millers has been halved; hence the availability of export quality rice is a distant dream.

He said load management by SNGPL is resulting in late drying of paddy. Unless paddy is dried, we can’t husk it to convert to rice and therefore rice is not available for export. Decreased supply pushes up the price of the commodity, rendering it uncompetitive, he added. “The paddy is harvested in November and must be dried within days to ensure value addition. But unfortunately the gas supply is completely cut off in November and hence a significant quantity gets damaged and results in loss of foreign exchange,” he said. Samiullah urged the government to take appropriate measures and encourage farmers to adopt latest technologies for production boost.

Sugar News in Pakistan 

Delivery Orders’ Prices of Sindh Based Sugar Mills at Jodia Bazaar, Karachi :  

         Delivery orders were being offered today unchanged / minus 0.05 PKR / KG from their yesterday’s same time price.

Delivery Orders’ Prices of Punjab Based Sugar Mills at Akbari Mandi, Lahore :

Delivery orders are being offered today un-changed from their yesterday’s time price.

Prices have been almost stable all this week.

Major press report today was the request of the sugar millers to allow more export due to a third consecutive year of bumper production. .For more information Visit Now www.par.com.pk

Commodity Exchange in Pakistan

Stations Commodities Punjab Min. Punjab Max.

Mianwali,Punjab        Seed Cotton (Phutty)          3200(40kg.)           3350(40kg.)
Bahalngar,Punjab       Cotton Seed (B Seed)         1200(40kg.)          1250(40kg.)
Bahalngar,Punjab       Cotton Seed Oil (B Oil)       4500(40kg.)              4650(40kg.)
Bahalngar,Punjab       C S Cake (Khal)                 1600(56kg.)          1700(56kg.)
Kasur,Punjab               Rice Basmati                     2200(40kg.)          2450(40kg.)
Kasur, Punjab              Rice Irri                           1000(40kg.)          1050(40kg.)
Faibad,Punjab              Wheat                              3700(100kg.)        3800(100kg.)

Stations

Commodities

Punjab Min

Punjab Max                               Date : 09.Jan.2014