Oil Seeds Cultivation Registered Positive Growth

Umer Jamshaid Published July 04, 2022 | 04:10 PM

ISLAMABAD, Jul 4 (UrduPoint / Pakistan Point News - 4th Jul, 2022 ) :Owing to incentives introduced by the government for enhancing area under oil seeds cultivation, local output of oil seed crops including canola, sunflower and mustard witnessed encouraging growth during last season, which would help to increase local output of edible oil as well as reduce the reliance on imported commodity.

Meanwhile, area under oil seed cultivation also increased as farmers preferred to cultivate oil seeds on maximum area to achieve benefits of the incentives and enhancing their farm income as well as profit maximization, said an official in the Ministry of National food Security and Research.

Talking to APP here on Monday, he said that during crop season 2021-22, canola seeds were cultivated over 50.03 thousand hectares as against the set targets of 35.44 thousand hectares, showing tremendous increase in area as well as output.

Meanwhile, he said that according the provisional figures compiled by crop reporting services of the provincial governments, the local output of canola during the period under review was recorded at 79.

06 thousand tons as against the set targets of 52.23 thousand tons.

During the period under review, rapeseed or mustard cultivated over 280 thousand hectares as against the set targets of 265 thousand hectares, where as its output was recorded at 377 thousand tons as compared the targets of 280 thousand tons, he added.

The sunflower season was in progress in Punjab, Khyber Pakhtunkhwa and Balochistan therefore, the estimated of these provinces were provisional whereas the estimate of sunflower of Sindh province is final, adding that during 2021-22 the market prices of canola range from Rs 5,600 to Rs 5,700 per 40kg and Rs 5,700 per 40kg for sunflower crop produced.

It is worth mentioning here that edible oil imports including soyabean and palm into the country during last 11 months of the financial year ended on June 30, 2022 recorded at $151.718 million and $ 3.406 billion respectively as compared the imports of the corresponding period of last year.