MULTAN: The government should regulate and devise a policy for the export of surplus wheat, said President Flour Mills Association Chaudhry Muhammad Shafique.
Talking to the media here the other day, he said that the government should form better policies for the export of additional available wheat before the beginning of the new wheat growing season. He said that the government should take initiatives for the trouble-free export of excess wheat in the country.
The government announced the support price of wheat this season without evaluating the prices of wheat in the International markets and due to raise in support price of wheat in local market, the export of wheat in the other countries of the world decreased, he added.
“A sensible action of the government would facilitate the wheat cultivators this season otherwise due to decrease in petroleum prices in the world it will also affect the prices of wheat,” he expressed.
“Due to availability of excess wheat, stock prices will fall down from the supporting price and wheat grower will face financial crunch,” he stated. He stressed that the government should ensure the uncomplicated export clearance of the wheat from the country and approved summary for the export of wheat in the next CEC meeting.
