Bumper Crops Expected Despite Historic Flooding: REAP
Lahore (Farzana Chaudhry) – Despite the recent historic flooding, Punjab’s rice crop is expected to remain largely intact, suffering only a marginal loss of around 10 to 12 percent, according to the Rice Exporters Association of Pakistan (REAP). Former REAP Committee Member and Lahore Chamber of Commerce and Industry (LCCI) Executive Member, Waqas Aslam, said…
Lahore (Farzana Chaudhry) – Despite the recent historic flooding, Punjab’s rice crop is expected to remain largely intact, suffering only a marginal loss of around 10 to 12 percent, according to the Rice Exporters Association of Pakistan (REAP).
Former REAP Committee Member and Lahore Chamber of Commerce and Industry (LCCI) Executive Member, Waqas Aslam, said that nearly 600,000 to 700,000 acres of farmland in Punjab have been affected. However, the province’s overall rice yield is projected to withstand the damage with limited impact.
“These figures are consistent with both official and independent surveys. We completely reject the exaggerated claims of 60 percent crop damage,” Aslam clarified.
While acknowledging that some areas were severely hit, Aslam noted that excess floodwater could, in fact, serve as a blessing in disguise for regions struggling with water shortages, potentially improving per-acre productivity.
On the global market front, he warned that India is currently offering rice at lower prices and cautioned that false reports of widespread damage in Pakistan could alarm foreign buyers.
“Such misinformation may create doubts about whether Pakistani exporters can honor their commitments. It is vital that only accurate and verified information is shared,” he emphasized.
Aslam added that water levels in Punjab are receding quickly and voiced optimism that Sindh would also manage floodwaters effectively. He assured that REAP members stand with affected families and farmers, ready to extend support wherever needed.