Pakistan floods hit agricultural sector

Source:  Feedlot
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The worst floods in decades have hit Pakistan’s Punjab province, causing widespread destruction to agriculture. Dozens of districts were flooded, homes were destroyed, key crops were destroyed, and livestock died.

According to authorities, more than two million people were affected, with over 2,000 villages flooded. About 760,000 residents and 516,000 animals were evacuated. At least 33 people died in the disaster.

Damage to food security

The disaster destroyed rice, sugarcane, corn, vegetables, and cotton crops. Farmers who had expected a record rice harvest this season lost almost all of their crops. Exporters warn that domestic grain prices could rise sharply, making Pakistani rice uncompetitive on the world market.

The loss of the cotton crop is equally worrisome. This has hit the textile industry, which accounts for more than half of the country’s export revenues.

Economy under pressure

Experts predict multi-billion dollar losses and rising food inflation. Prices for basic products are already rising, threatening the reduction in inflation achieved earlier.

Social consequences

Thousands of families have been left homeless and are living in temporary camps along major rivers. Authorities have set up more than 500 aid centres, including veterinary stations to rescue animals.

Farmer organisations warn that without large-scale support measures, the aftermath of the disaster will lead to increased food insecurity in the country.

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