Bet on profitability, sunflower crops will increase to 1.21 million hectares in Kazakhstan

Published 2024년 5월 16일

Tridge summary

In 2023, Kazakhstan's sunflower crop acreage will increase by nearly 60 thousand hectares, driven by high profitability, drought resistance, and strong domestic demand. The National Association of Oilseed Processors of Kazakhstan (NAPMK) reports a record 1.21 million hectares sown, with significant growth in regions like East Kazakhstan, Abay, and Pavlodar. State measures, including export duties and quotas, have boosted domestic processing and stabilized sunflower oil prices. Despite global prices influencing domestic purchase prices, high local demand and underutilized creameries have led to rising raw material prices, prompting farmers to shift from grain to more profitable oilseeds to avoid financial instability.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This year, crops under one of the most highly profitable agricultural crops - sunflower - will grow by almost 60 thousand hectares. An increase in acreage is planned in all regions of the country involved in its cultivation. The National Association of Oilseed Processors of Kazakhstan (NAPMK) told Kazinform about the progress of the sowing campaign that started in April, whether the floods affected the future harvest and how sunflower became one of the most highly profitable crops in the country. According to information from the Chairman of NAPMK Yadykar Ibragimov, today sunflower is grown in most regions of the country. At the same time, the East Kazakhstan, Abay and Pavlodar regions account for almost 61% of the sown area. Kostanay, North Kazakhstan, Akmola regions account for 31% and the rest of the regions account for 8%. The sowing campaign is currently underway in all these regions. Depending on weather conditions, in some places it began in the second ten days of April, ...
Source: Inform

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