Over 2 million tons of grain were handled in Kazakhstan in 2 months of autumn

Published 2024년 11월 4일

Tridge summary

In the autumn of 2024, Kazakhstan saw a significant increase in grain market activity, with a 40% rise compared to the previous year, totaling over 2.2 million tons. This surge was led by a dynamic growth in barley exports, particularly to Iran. In the context of international market promotion, JSC NC Food Corporation is actively seeking to expand its export markets and has secured contracts worth $19.5 million from Uzbekistan, Kyrgyzstan, and China through a program that consolidates export consignments from local farmers, aiming to enhance agricultural export earnings.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the Ministry of Agriculture, in September-October 2024, the volume of grain movement on the domestic market and for export reached good indicators. More than 2.2 million tons of grain were handled, which is 40% higher than the same period last year. Barley exports are developing particularly dynamically, reaching 150 thousand tons to the Iranian market alone. After the completion of the harvesting campaign and clarification of the final harvest volumes, the grain market is showing a noticeable revival. Promotion of Kazakhstani agricultural products in international markets is one of the priority tasks of JSC NC Food Corporation. In this direction, work is underway to intensify cooperation with foreign investors and search for promising sales markets. Thus, the Food Corporation has intensified its work in expanding the geography of exports of Kazakhstani products, going beyond traditional markets. Along with this, the key link in this is the program for consolidating ...
Source: Agrosektor

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