Ministry Finalizes Proposal for Wheat Support Price, Sends to Commerce Ministry for Cabinet Review

Summary

The Ministry of Agriculture and Livestock Development has proposed a new support price for wheat after a detailed cost study, forwarding it to the Ministry of Industry, Commerce and Supplies for cabinet review.

Key Points
  • The Ministry of Agriculture and Livestock Development completed the procedure to set this year's wheat support price.
  • A study was conducted in ten districts to analyze the cost of wheat production including seeds, fertilizers, labor, and inflation.
  • The proposed minimum support price is based on the production cost and has been sent to the Ministry of Industry, Commerce and Supplies.
  • The final wheat support price will be set by the Council of Ministers and announced officially, with purchases managed through the Food Management and Trading Company Limited.
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