Maize Price in Pakistan Today 2024 | Makai Rate List
Maize (commonly referred to as corn or makai/makki in Pakistan) remains one of the primary food crops. Farmers, dealers, and consumers must monitor maize prices in Pakistan in 2024. Makki can have an enormously consequential effect on numerous industries, such as agriculture, livestock raising, and food processing. This article will examine the Maize Price in Pakistan, including market movements and variables impacting prices.
By understanding how maize pricing works, stakeholders can make more informed decisions and navigate effectively the maize market. So let’s discover current maize rates and the factors influencing them!
Current Price of Maize in Pakistan
As of 2024, maize prices in Pakistan range between Rs. 6,500 to Rs. 7,800 per 100 kilograms (kg). However, prices can differ based on region or market within Pakistan; these benchmark prices should serve only as estimates; actual rates may fluctuate due to local considerations and market dynamics.
Corn Price Per 40 KG 2024
| District / City | Minimum Rate Per 40 KG | Maximum Rate Per 40 KG |
|---|---|---|
| 🌽 KPK Province | ||
| Bunner | Rs. 1,900 | Rs. 2,100 |
| Peshawar | Rs. 1,900 | Rs. 2,100 |
| 🌽 Punjab Province | ||
| Arifwala | Rs. 1,800 | Rs. 2,050 |
| Bahawalpur | Rs. 1,780 | Rs. 2,030 |
| Bahawalnagar | Rs. 1,750 | Rs. 2,110 |
| Burewala | Rs. 1,850 | Rs. 2,100 |
| Chichawatni | Rs. 1,700 | Rs. 2,150 |
| Chishtian | Rs. 1,800 | Rs. 1,950 |
| Chowk Azam | Rs. 1,500 | Rs. 1,780 |
| Dunyapur | Rs. 1,700 | Rs. 2,020 |
| Dera Ismail Khan | Rs. 1,820 | Rs. 2,100 |
| Faisalabad | Rs. 1,720 | Rs. 2,000 |
| Gojra | Rs. 1,720 | Rs. 2,030 |
| Gujrawala | Rs. 1,800 | Rs. 2,130 |
| Hasilpur | Rs. 1,800 | Rs. 2,000 |
| Jhung | Rs. 1,800 | Rs. 2,040 |
| Kahror Pacca | Rs. 1,800 | Rs. 2,100 |
| Khanewal | Rs. 1,900 | Rs. 2,150 |
| Mian Channu | Rs. 1,700 | Rs. 2,000 |
| Multan | Rs. 1,800 | Rs. 2,100 |
| Melsi | Rs. 1,800 | Rs. 2,000 |
| Okara | Rs. 1,650 | Rs. 2,200 |
| Pak Pattan | Rs. 1,800 | Rs. 2,050 |
| Pattoki | Rs. 2,000 | Rs. 2,150 |
| Rahim Yar Khan | Rs. 1,800 | Rs. 2,100 |
| Sahiwal | Rs. 1,800 | Rs. 2,100 |
| Sheikhupura | Rs. 2,030 | Rs. 2,000 |
| Toba Tek Singh | Rs. 1,800 | Rs. 2,070 |
| Vehari | Rs. 1,800 | Rs. 2,000 |
| 🌽 Sindh Province | ||
| Khairpur | Rs. 1,900 | Rs. 2,170 |
| Sukkur | Rs. 1,800 | Rs. 2,200 |
Maize Price in Feed Factory
| Feed Factory Name | Price Per 40 Kg |
|---|---|
| Chairman | Rs. 2,000 |
| Kashmir | Rs. 2,170 |
| Lahore | Rs. 2,400 |
| Olampia | Rs. 2,125 |
| Hitech | Rs. 2,100 |
| Dasaan | Rs. 2,150 |
| Mukhtar | Rs. 2,150 |
| National | Rs. 2,050 |
| Rafhan | Rs. 2,000 |
| Shadab | Rs. 2,000 |
| Asia Multan | Rs. 2,100 |
| Asia Okara | Rs. 2,350 |
| Asia Bhai Pheru | Rs. 2,100 |
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Factors Affecting Maize Price in Pakistan
Before we dive deeper into maize prices in Pakistan, it’s essential to understand which elements affect these rates. Multiple key components contribute to fluctuations in maize prices – these include:
- Demand and Supply Dynamics: Maize prices are set by an intricate relationship between demand driven by various industries such as poultry farming, livestock husbandry, and food processing, and its availability on the market. Changes in either demand or supply have an immediate impact on maize rates.
- Production and Yield: Maize cultivation can be affected by variables such as weather conditions, agricultural practices, and the availability of quality seeds and fertilizers. Fluctuations in Makai production and yield can have significant ramifications on Makai prices.
- Government Policies: Government interventions such as subsidies, import/export regulations, and support prices have an immense effect on shaping the Corn market. Policies can impact supply chains and consequently prices.
- Global Market Trends: Maize is an internationally traded commodity, so global market forces may have an effect on Maize prices in Pakistan. Effects such as global demand, supply disruptions, and trade policies of major maize-producing nations could have an influence.
- Transportation and Storage Costs: Transportation, logistics, and storage expenses all play an integral role in driving up maize prices. A strong infrastructure for transport and storage facilities can help maintain stable maize prices.
Market Trend Analysis and Predictions
Poultry and Livestock Industries Pakistan’s poultry and livestock sectors are major users of maize. Rising consumer demand for chicken meat, eggs, and dairy products has increased maize-based animal feed requirements; thus exerting upward price pressure when production rates of poultry or livestock reach peak levels.
Weather Conditions and Crop Production:
Corn cultivation depends heavily on weather conditions in Punjab’s northern and upper areas where it is grown, especially its northern and upper parts where rainfall, irrigation, and temperatures are crucial elements to producing an abundant maize crop. Adequate rainfall, proper irrigation practices, and favorable temperatures are key ingredients of success when cultivating maize. Drought or excessive precipitation could lower productivity and modify maize prices in Pakistan.
International Market Effects:
Global demand, supply interruptions in key producing countries, and trade regulations that affect domestic maize prices also affect Pakistan’s maize market. Therefore, being aware of international market developments can help in understanding and anticipating local price movements.
Infrastructure For Stable Maize Prices:
Reliable storage and transportation infrastructure is vital to keeping Makki prices stable. Safe facilities avoid postharvest losses and provide a year-round supply, while well-connected transportation networks deliver maize from production areas to consuming hubs, reducing logistical fluctuations.
Conclusion: Maize Price in Pakistan
Pakistan’s maize price landscape is determined by various factors, including demand and supply dynamics, crop production, government policies, global market influences, and infrastructure considerations. By monitoring these elements closely, stakeholders can gain insights into market trends and make more informed decisions moving into 2024. Staying abreast of the latest maize prices while understanding underlying dynamics is of critical importance for farmers, traders, and consumers alike.
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Frequently Asked Questions (FAQs)
It is challenging to predict future price movements with certainty. Maize prices can be influenced by various factors, including weather conditions, demand-supply dynamics, and government policies. Monitoring these factors will provide a better understanding of potential price trends.
Maize price volatility can pose challenges for farmers. Sharp price fluctuations may affect their profitability and income stability. Farmers often need to adapt their production strategies and risk management approaches to mitigate the impact of price volatility.
Maize is primarily used as animal feed in the poultry and livestock industries. Additionally, maize is utilized in the production of various food products, such as corn flour, corn oil, and corn-based snacks.
The government of Pakistan implements various initiatives to support maize farmers, including providing subsidies, access to agricultural credit, and technical assistance. These measures aim to enhance productivity, improve farmers’ livelihoods, and promote sustainable maize production.
Stable maize prices can contribute to price stability in various food products and livestock commodities that rely on maize as a key ingredient. This stability can positively impact consumers by ensuring consistent availability and affordable prices of maize-based food items.
