Kazakhstan may export 9.4 million tons of wheat this season
Market & Price Trends
Published Dec 7, 2023
Kazakhstan is predicted to export 9.4 million tons of wheat in the 2023/2024 season, a decrease from the previous season but an increase from the three seasons before that. Despite a record harvest of 12 million tons, only half of the wheat meets food grade standards due to weather affecting its quality. The director of Harvest Kazakhstan LLP believes that even low-quality grain can still be sold on foreign markets, with increased demand expected from Afghanistan and Uzbekistan.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Expert forecast In the 2023/2024 season, Kazakhstan will be able to supply about 9.4 million tons of wheat to foreign markets. This is a lower result than last season, when 10.63 million tons were exported, but higher than the level of the three previous seasons (2021/2022 - 8.16 million tons, 2020/2021 - 8.25 million tons, 2019/2020 - 6.9 million tons). tone). This forecast was announced by Harvest Kazakhstan LLP director Daulet Uvashev. Record exports In particular, according to the expert, 6 million tons of soft wheat, 0.6 million tons of hard wheat and 2.8 million tons of flour in grain equivalent will be intended for export, which will be a record for 5 seasons. He explained that the wheat harvest in Kazakhstan this year amounted to approximately 12 million tons (with an average yield of 9 q/ha) compared to 16 million tons and 12.5 q/ha, respectively, in 2022/2023. The weather negatively affected the harvest and quality of wheat Despite an increase in the sown area, a dry ...