Maize Price in Pakistan 2024 – Today’s Latest Corn Rate

The price of maize in Pakistan has become a key topic of interest, with rates fluctuating between 1900PKR to 2700PKR per 40KG and 48PKR to 68PKR per 1KG. These price changes are driven by a mix of supply and demand factors, regional differences, and the overall economic landscape.

Maize holds significant importance in Pakistan’s agriculture, serving as the third most vital cereal crop after wheat and rice. It’s not only a staple food source but also a critical component in animal feed and industrial applications, making it essential for both rural livelihoods and the broader economy.

Maize Price in Pakistan Corn

Current Maize Price in Pakistan Today 2024

Maize prices in Pakistan in 2024 vary significantly by region. In Punjab, prices fluctuate based on local supply, demand, and market conditions, while in Khyber Pakhtunkhwa (KPK), regional agricultural factors play a key role in the price differences.

Maize Price in Punjab

Punjab CitiesMinimum Price 40KGMaximum Price 40KG
Lahore19302690
Rawalpindi19602610
Multan19102600
Faisalabad19302670
Gujranwala19702630
Sialkot19002680
Hafizabad19402660
Nankana Sahib19202610
Bahawalpur19902620
Shahkot19802690
Dera Ghazi Khan19302600
Sahiwal19002650
Jhang19502670
Bahawalnagar19402610
Kasur19902650
Chiniot19202690
Khanewal19502660
Sargodha19802680
Rahim Yar Khan19202610
Bhakkar19402650
Muzaffargarh19902680
Okara19902600
Chakwal19002630
Mianwali19902630
Vehari19102680
Sheikhupura19302650
Pakpattan19302620
Layyah19802650
Narowal19202640
Attock19102670
Jhelum19802680
Mandi Bahauddin19402610
Burewala19202690
Ahmedpur East19502670
Muridke19902620
Kamalia19302690
Kot Addu19802680
Sadiqabad19202680
Daska19502610
Gojra19902650
Khanpur19502610
Chishtian19102680
Khushab19402610
Jaranwala19602600
Bhalwal19902600
Hasilpur19202610
Kamoke19702670
Haroonabad19802680
Arifwala19502640
Samundri19302600
Lodhran19702650

Maize Price in KPK (Pakistan)

CitiesMinimum Price 40KGMaximum Price 40KG
Charsadda17802550
Mardan17002500
Swabi17602580
Kohat17202550
Hangu17502500
Karak17202580
Mansehra17402540
Abbottabad17902510
Haripur17002590
Kohistan17402535
Malakand17802590
Battagram17902530
Swat17002580
Buner17502510
Dir17302580
Chitral17902500

Factors Affecting Maize Price in Pakistan

Corn prices in Pakistan are influenced by a variety of factors that can cause fluctuations in the market. Key elements shaping these prices include:

  • Weather Conditions and Crop Yield: Weather affects maize yields: good conditions increase supply and lower prices, while bad weather reduces yields and raises prices.
  • Government Policies and Subsidies: Government policies and subsidies influence maize prices by either stabilizing them or causing fluctuations.
  • Demand and Supply Dynamics: Prices rise with high demand and low supply, and fall with low demand and high supply.

How to Stay Updated on Maize Prices

Staying informed about maize prices is essential for farmers, traders, and consumers. Here are some effective ways to keep track of the latest price trends:

  • Subscribe to Agricultural Newsletters
  • Follow Local Market Reports
  • Use Mobile Apps for Real-Time Price Updates
  • Join Farming and Trading Forums
  • Monitor Government Announcements and Subsidy Changes

Overall Conclusion

The maize price in Pakistan for 2024 reflects a complex mix of factors, including weather conditions, government policies, and market dynamics. These elements contribute to the ongoing fluctuations in prices across different regions.

Staying informed and adapting to changes is crucial for everyone involved in the maize industry. By understanding the factors that influence prices, stakeholders can better navigate the market and make informed decisions.

Frequently Asked Questions (FAQs)

The current corn rate in Pakistan ranges from 1900PKR to 2700PKR per 40KG and 48PKR to 68PKR per 1KG, depending on the region and quality.

You can check the latest maize prices in your region through mobile apps like “AgriMarket” or by visiting the Pakistan Bureau of Statistics website. Local agricultural offices can also provide up-to-date information.

Maize prices are influenced by factors such as weather conditions, government policies, demand and supply dynamics, and regional variations in production.

Fluctuations in maize prices impact farmers’ income, consumer prices for maize-based products, and the cost structure of industries that rely on maize as a raw material.

Analysts expect maize prices to stabilize in the latter half of 2024, barring any major disruptions in weather or global markets. However, price fluctuations remain possible due to various risk factors.

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