In response to a petition contesting the elimination of the customary notification of the minimum wheat support price, the Lahore High Court on Wednesday 9th of April 2025 requested a response from the Punjab government.

The Punjab government’s decision to discontinue the minimum support price (MSP) scheme for wheat was challenged in a case heard by the Lahore High Court.

The petitioner Kissan Board’s attorney suggested during the hearing that the province administration could have harmed farmers financially by neglecting to declare this year’s MSP for wheat.

The petition also contended that farmers may suffer as a result of the government’s decision, which has placed them at the mercy of mill owners.

LHC Provide statement To The Petition

The attorney asked the court to order the government to set a minimum wheat support price.

Whereas the Punjab government has been notified by the Lahore High Court to provide a statement to the petition.

According to sources on Wednesday 9th of April 2025, the federal government and the International Monetary Fund (IMF) have reached an agreement to terminate the wheat minimum support price (MSP) system.

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According to reports, the deal would prevent the announcement of the wheat minimum support price (MSP) for 2025–2026.

The Ministry of National Food Security and Research directed the provinces to submit their wheat food security suggestions based on their population.

The provinces were instructed by the Ministry of National Food Security and Research to make recommendations for wheat food security based on their respective populations.

Because of the abnormalities in wheat distribution and financing, the government is also considering liquidating the state-owned enterprise Pakistan Agricultural Storage & Services Corporation Ltd (PASSCO).

With a storage capacity of “1.2 million metric tons” and a vital role in supplying wheat to the provinces according to their needs, the decision might have a big effect on wheat prices and the market.

It is noteworthy that the government used to buy wheat from farmers after setting a minimum support price and then provide it to the flour mills. Still, the IMF’s main demand in the bailout package was to do away with the support price.