Here's the latest information on wheat prices, weather updates, tractor prices, and news relevant to farmers in Pakistan:
**Wheat Price Forecast for 2025**
Analysts have mixed predictions for wheat prices in 2025. BMI forecasts an increase to $6.48 per bushel, while WalletInvestor anticipates a rise to $7.05 per bushel. Conversely, Trading Economics projects a decline to approximately $4.89 per bushel over the next 12 months. Additionally, ABARES expects prices to decrease by 3% to $294 per metric ton for U.S. No. 2 Hard Red Winter wheat in the 2024/2025 marketing year.
**Weather Update for Islamabad**
As of December 28, 2024, Islamabad is experiencing clear skies with a temperature of 10°C. No precipitation is expected in the coming days, providing favorable conditions for winter crop management.
**Tractor Prices in Pakistan**
Tractor prices have seen an upward trend due to factors like inflation and currency depreciation. Here are some current prices for popular models:
- **Millat Tractors (Massey Ferguson):**
- MF 235 (50 HP): Rs. 2,222,000
- MF 385 (85 HP): Rs. 3,707,000
- MF 385 4WD Deluxe (85 HP): Rs. 5,214,000
- **Al-Ghazi Tractors (New Holland):**
- NH 480S (55 HP): Rs. 2,274,300
- NH 640 (75 HP): Rs. 3,692,460
- **Belarus Tractors:**
- Prices range from PKR 2,100,000 to PKR 4,200,000, depending on the model and specifications.
**Weekly Farmers' News**
- **Wheat Production:** Pakistan's wheat production for the 2024/25 marketing year is estimated at a record 31.4 million metric tons, an 11% increase from the previous year.
- **Government Policies:** The Pakistani government continues to ban wheat imports and exports to stabilize the local market. This policy aims to maintain domestic supply and control prices.
- **Agricultural Equipment:** New tractor models have been introduced to the Pakistani market. For instance, Buraq Tractors launched its 85HP and 100HP models in June 2024, offering competitive pricing compared to existing brands.
Please note that market conditions and prices are subject to change. It's advisable to consult local dealers and official sources for the most current information.
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