Wheat prices soar in Lahore, hitting Rs5,100 per 40kg bag

In Lahore, the price of a 40kg bag of wheat has surged to Rs5,100, which is significantly higher than the government’s fixed rate of Rs3,900. The leader of the flour mills association has stated that the government’s rate is not being implemented in the market.

As a result of the increase in wheat prices, the price of a 20kg bag of flour has risen to Rs2,750, as opposed to the government’s fixed rate of Rs2,316.

The flour millers have explained that they are unable to sell the wheat at lower rates after procuring it at an exorbitant price from the open market.

Last month, officials from the Punjab Food Department foiled an attempt to smuggle wheat and flour to Afghanistan. More than 70 containers loaded with wheat and flour were being smuggled to Afghanistan from Rawalpindi Motorway.

During the inspection, district food authority officials seized 46 containers loaded with wheat and 16 containers of flour. The wheat and flour were being transported from Punjab to Afghanistan, despite a ban on wheat transportation from the province. The containers were sealed and 16 people were booked in connection with the incident.