Barley exports from Kazakhstan will support strong demand in China

Published Mar 5, 2024

Tridge summary

Kazakhstan's barley exports are expected to be buoyed by strong demand from China this agricultural year, despite a predicted decrease in grain supplies due to challenges with crop harvest, financing, and imports, as per the US Department of Agriculture. The country's wheat and wheat flour exports are also projected to drop by 800,000 tons from the previous year, reaching an estimated 10 million tons. This decline is attributed to adverse weather conditions, including drought and excessive rains, which have significantly reduced the grain harvest in the republic.
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Original content

Exports of barley from Kazakhstan in the current agricultural year will be supported by active demand from China. The news agency "APK-Inform" writes about this with reference to forecasts of the agricultural service of the US Department of Agriculture (FAS USDA, the American agency publishes forecasts and data on agriculture not only in the USA, but also in other countries - ROSNG). The reason is that the Celestial Empire is interested in increasing feed crops. In general, the foreign service increased the estimate for grain supplies from the republic by 125 thousand tons from the previous forecast to one million. However, this is 110 thousand tons less than the previous agricultural year. Read also Argentina will increase corn exports by almost one and a half times The reason for the reduction in exports could be problems with the crop harvest, financing of its purchases and imports, and a decrease in export potential due to previously high volumes of ...
Source: Rosng
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