Agriculture Reference
In-Depth Information
TABLE 4.1
Wheat production and procurements, 1984/85 to 2004/05
Procurements
Production
Crop year
(million tons)
(million tons)
(percent)
1984/85
11.70
2.53
21.62
1985/86
13.92
5.04
36.21
1986/87
12.02
3.98
33.11
1987/88
12.68
3.50
27.60
1988/89
14.42
4.14
28.71
Average
12.95
3.84
29.64
1989/90
14.32
4.42
30.87
1990/91
14.57
3.16
21.69
1991/92
15.68
3.25
20.73
1992/93
16.16
4.12
25.50
1993/94
15.21
4.12
27.09
Average
15.19
3.81
25.11
1994/95
17.00
3.64
21.41
1995/96
16.91
3.74
22.12
1996/97
16.65
3.45
20.72
1997/98
18.69
3.98
21.29
1998/99
17.85
4.07
22.80
Average
17.42
3.78
21.68
1999/2000
21.08
8.58
40.70
2000/01
19.02
4.08
21.45
2001/02
18.23
4.05
22.22
2002/03
19.8
3.51
18.30
2003/04
19.5
3.46
17.74
2004/05
21.46
3.93
18.31
Average
19.75
4.60
23.29
Overall average
16.32
4.01
24.93
SOURCES
: Support Price Policy Reports for Wheat, Agricultural Prices Commission, Islamabad;
Agricultural Statistics of Pakistan
(various issues), Ministry of Food, Agriculture and Livestock,
Islamabad.
But how did these actions play out in terms of attaining price stability? We turn
to this question next.
Effects of Interventions on Market Prices
The procurement of various agricultural commodities by public-sector agencies
has been undertaken during postharvest periods of these commodities to im-
plement the support price program and arrest the falling trend in market prices.
