Strong demand: Barley prices in Kazakhstan remain higher than wheat

Published Feb 27, 2025

Tridge summary

The article provides an overview of the current market prices for different grades of barley and wheat in Kazakhstan and its export markets, specifically China and Iran. It highlights a significant increase in the domestic prices of barley and wheat, with the rise in barley prices influencing the cost of feed wheat. In response to escalating food prices domestically, Kazakhstan has started importing wheat from Russia, following the recent lifting of a ban on Russian wheat imports.

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

Original content

Yevgeny Karabanov, Chairman of the Kazakhstan Grain Union Analyst Committee, said that last week, the price of second-grade barley in the domestic market of Kazakhstan was 77,000-80,000 tenge/ton (including VAT). Export prices of barley in Central Asia are 180-185 US dollars/ton (DAP Saryagash), 187-192 US dollars/ton (DAP Altynkol and DAP Dostyk, i.e., port delivery price) in China, and 210-215 US dollars/ton (FOB Aktau) in Iran. At the same time, the price of third-grade wheat in the domestic market is 73,000-76,000 tenge/ton (grain silo price, including VAT), and the export price is 188-194 US dollars/ton (DAP Saryagash). Feed wheat prices were also pushed up by the rise in barley prices: the price of fifth-grade wheat in the domestic market is 65,000-69,000 tenge/ton, and ...

Source: Foodmate