Tag: chances

High urea prices cease heavy wheat export chances

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article image STAFF REPORT IBD: Pakistan is expected to produce 24 million tons wheat this year, only one million less than the set target, however, the sky-high prices of urea forced the farmers to use this basic agri input for the crop about 50 per cent in quantity, otherwise the crop volume could have been over 28 million tons comforting the cash-strapped government to import over five million tons against heavy foreign exchange.As far as year 2012 is concerned there would not be any wheat flour shortage…Read More