Pakistan, March 10 -- The federal government has directed the Pakistan Agricultural Storage and Services Corporation (Passco) to speed up wheat sales. This move aims to stabilize the market before the new crop arrives. Officials believe that timely sales can help avoid financial losses during this transition.

Minister for National Food Security, Rana Tanveer Hussain, chaired a meeting at Passco's headquarters in Lahore. He stressed the importance of quick wheat disposal for maintaining national food security. The minister highlighted the need to prevent losses related to prolonged storage. As of March 6, Passco reported holding 2.47 million tonnes of wheat. They have sold 578,934 tonnes since April 2024. The procured 1.79 million tonnes ...