About 620 thousand tons of meal and cake will be produced in Kazakhstan in the current season - forecast

Published 2021년 11월 24일

Tridge summary

The National Association of Oilseed Processors (ALE) predicts that Kazakhstan's production of oilseed meals and cakes in the 2021/22 marketing year may reach 618-620 thousand tons, with sunflower and soybean processed products forming the majority. The Central Asian market's consumption of these products is approximately 2 million tons, but the demand exceeds supply by over 250 thousand tons due to insufficient cultivation of sunflower and soybeans in the region.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the ALE "National Association of Oilseed Processors", the volume of production of all types of oilseed meals and cakes in Kazakhstan in 2021/22 MG may amount to 618-620 thousand tons. This assessment was voiced by the chairman of the association, Yadykar Ibragimov, during his speech at the Asia Grains & Oils Conference in Qazaqstan. “In this volume, the main share is occupied by sunflower and soybean processed products due to the stereotypical consumption of oil in the country. In general, consumers in the Central Asian market prefer sunflower oil. In addition, in Kazakhstan, capacities for the processing of sunflower are prevalent, ”the expert noted. According to him, the consumption of meal ...

Source: Oilworld