Kazakhstan will establish grain supplies to Egypt

Published 2024년 10월 18일

Tridge summary

The Food Corporation is working to increase wheat exports from Kazakhstan, with potential supply agreements with Egypt and China, as the country expects a good wheat harvest this year. The Prodcorporation has launched an Export Consolidation program to help farmers enter export markets, and has signed a framework contract with a Chinese company for flax supply. The government is also considering transportation subsidies to encourage grain exports and remove surplus grain from the market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Food Corporation has established contacts with the world’s largest grain buyer from Egypt. The country is currently being accredited to participate in tenders. They are discussing the supply of up to 400 thousand tons of wheat. A framework contract was also signed with a Chinese company for the supply of flax. Barley supplies to Iran have begun. Kazakhstan intends to organize grain supplies to other countries. The Food Corporation pays special attention to increasing the export potential of Kazakh wheat. A good wheat harvest is expected this year – about 18-19 million tons. Domestic consumption is about 6 million tons. The export potential is estimated at 12 million tons,” Asylkhan Dzhuvashev, Chairman of the Board of NC Prodcorporation JSC, said yesterday at a meeting of the Agricultural Committee of the Majilis of the Parliament in Kostanay. Last year, low global grain prices and poor quality significantly hampered the export of Kazakh wheat. This year, the main grain ...

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