The price of high-quality wheat grain decreased slightly over the month in Kazakhstan

Published 2024년 5월 6일

Tridge summary

In April, Kazakhstan's average market price for wheat grain slightly decreased by 0.2% from March to 125 thousand tenge per ton, yet it marked a 1.6% increase from December 2023 and a significant 16.6% rise since December 2020. Despite this, there was a minor year-over-year decrease of 2% from April 2023. Producer prices were reported at a lower 101.8 thousand tenge per ton, with variations across regions. The article also highlighted minor price adjustments in other crops like corn and barley, and noted that while low-quality grain prices are expected to increase, the availability of high-quality, low-priced grain from Russia is likely to keep baking wheat prices stable.

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

Original content

The average price for wheat grain on the Kazakhstan market in April was 125 thousand tenge/ton. Such data were announced by official statistics. It is noted that the cost decreased very slightly compared to March - by 0.2%, but compared to December 2023, it increased by 1.6%, APK News reports. According to the Bureau of National Statistics, in April the price index compared to March was 99.8%. However, when compared with December 2023, a slight increase in price is noticeable - by 1.6%. A year ago – in April 2023 – wheat cost 2% more. Meanwhile, over three years, grain has increased in price quite significantly: in December 2020 it cost 16.6% more than in April of this year. It is worth noting that the price from the manufacturer differs markedly from the average prices on the market. Based on this, we inform you that the average price from producers for wheat in April was 101.8 thousand tenge per ton. One of the most expensive prices is in the Akmola region, where grain costs ...

Source: Zol