Punjab Unveils Wheat Policy 2026, Ends Government Procurement to Protect Farmers and Prices

The Punjab government has approved a major shift in its Wheat Policy 2026, moving away from state-led wheat procurement to a market-driven, private sector–financed system aimed at protecting farmers, consumers, and public finances.

Under the new framework, the private sector will handle wheat purchasing, financing, storage, and supply of strategic reserves, while the government will retain regulatory oversight and strategic control. Selected private aggregators will buy wheat directly from farmers at Rs3,500 per 40kg, ensuring guaranteed market access and timely digital payments without delays linked to traditional procurement.

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The policy removes the burden of subsidies and public stockpiling, helping preserve fiscal space. Officials confirmed there will be no government purchase, no support price, and no storage losses, with all reserves maintained by private partners within regulated profit limits.

To protect consumers, wheat reserves will be released gradually from September to March, preventing shortages and price spikes during winter and Ramadan. Chief Minister Maryam Nawaz Sharif said the policy strengthens food security through smart governance while empowering farmers and keeping markets fair.

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