Pakistan, May 19 -- LAHORE - In a major step toward modernizing agriculture, the Government of Punjab has officially selected the Pakistan Mercantile Exchange (PMEX) as the trading platform for wheat under the Electronic Warehouse Receipts (EWR) system.

This move, launched under the Chief Minister Punjab EWR Financing Facility, will allow farmers, traders, and investors to trade wheat stored in accredited warehouses using PMEX's electronic platform. Users will also be able to access real-time prices and conduct transactions directly through mobile devices.

"We are honored to support the Government of Punjab in this transformative step," said PMEX CEO Khurram Zafar. "Our platform ensures transparency, real-time pricing, and trust-three e...