In January-February 2023, the grain price index in Kazakhstan amounted to 105.4%, only durum wheat and buckwheat fell in price

Published 2023년 3월 7일

Tridge summary

In the early months of 2023, Kazakhstan experienced a significant increase in the price index for its agricultural products, with an overall rise of 5.4% compared to the same period in 2022. This surge was largely due to the price hike in grain crops, with the exception of durum wheat and buckwheat, which saw price decreases. The price indices for wheat (excluding durum), barley, corn, and rye were 106.4%, 110.8%, 115.4%, and 102.9% respectively. Feed grains experienced an 11.8% increase in price, while the price of corn for silage remained stable. The most notable price increases were observed in the East Kazakhstan and Karaganda regions, while the least significant increases were in Kostanay and Akmola regions.

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

Original content

In January-February 2023, the price index for agricultural products in Kazakhstan amounted to 105.7% (in relation to the same period in 2022). In particular, grain crops rose in price by 5.4%, according to the Bureau of National Statistics of the Republic of Kazakhstan. Interestingly, in comparison with last year's period, all grains rose in price, except for durum wheat and buckwheat. Thus, the price index for wheat (except durum) in Kazakhstan for the first 2 months of this year amounted to 106.4%, barley - 110.8%, corn (maize) - 115.4%, rye - 102.9%. At the same time, the price index for durum wheat for this period amounted to 99.3%, buckwheat - 98.4%. Feed grains, according to statistics, rose in price by 11.8%, the price of corn for silage remained unchanged. According to the Bureau of National Statistics, the highest price index for wheat (excluding durum) ...

Source: Zol