Pakistan’s Punjab Sees 9% Rice Yield Loss as Floods Damage Crops
NegativeFinancial Markets

Recent heavy rains and floods in Pakistan's Punjab province have caused significant damage, leading to a 9% loss in rice yield. This is concerning as Punjab is responsible for about half of the country's rice production, which is crucial for both local consumption and export. The impact of these natural disasters not only threatens food security in the region but also poses challenges for the global rice market, given Pakistan's position as the world's fourth-largest exporter.
— Curated by the World Pulse Now AI Editorial System