Grain traders suspend their activities in Kazakhstan

The Ministry of Agriculture of Kazakhstan has published recommendations on the trade of grain, as well as oilseeds and legumes. It is noted that there were no significant changes in the market over the past week. Traders and processors report the suspension of activities, APK News agency reports. The situation observed in Kazakhstan is not conducive to the development of any significant events, the ministry reports. Firstly, a fairly good harvest is predicted. Both in Kazakhstan and Uzbekistan, as well as other Asian countries. Secondly, Russian grain continues to enter Kazakhstan en masse. Flour millers began maintenance of their production facilities, storage enterprises also “went” for maintenance. Grain traders and processors are suspending their activities. Many of them are waiting for the new harvest. Experts report that grade 3 soft wheat at the elevator or by railcar still costs from 102 to 129 thousand tenge per ton including VAT. Now it is worth selling it only when ...