Central Asian and Caspian countries are interested in purchasing Kazakh wheat of grades 3 and 4

게시됨 2024년 10월 10일

Tridge 요약

The Food Corporation anticipates a stabilization and slight increase in prices for Kazakh wheat and barley in export markets due to high grain harvests in Kazakhstan and neighboring countries. This is attributed to an increase in demand for barley from traditional suppliers like Iran and Iraq, following a low barley harvest in Russia. Turkmenistan and Azerbaijan are also interested in purchasing Kazakh wheat. The Food Corporation is prepared to support farmers in securing contracts and connecting with foreign suppliers, and is working on reducing logistics costs for exports and discovering new markets.

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원본 콘텐츠

Against the background of the expected high grain harvest in Kazakhstan and neighboring countries, the Food Corporation predicts stabilization and a certain increase in prices for Kazakh wheat and barley on export markets, Kazinform reports. These forecasts, as the Food Corporation notes, are based on a number of factors. A gradual increase in demand for barley from traditional suppliers (Iran, Iraq) due to a low barley harvest in Russia. For example, 140 thousand tons of grain were shipped to Iran by rail in September 2024 alone, against the background of isolated deliveries during the previous 8 months of this year. Today, the offer price from Iranian companies is significantly lower than the world price ($165 FOB Aktau), while the fair price on world markets is $195. Given the reduction of barley in Russia and the absence of other suppliers, prices are expected to rise to an equilibrium level in the future. In this regard, in order to maintain a stable market situation, it is ...

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