Agriculture

20.03.2019

Stocks of grain crops in Kazakhstan this year are the lowest in 5 years

An important time for active preparation for the sowing campaign-2019 is coming in Kazakhstan. Farmers check and, if necessary, repair equipment, stock up fuel and lubricants, fertilisers and herbicides. A considerable part of the worries and financial costs are issues of seed procurement. Quality seeds remain one of the main pillars of good grain yield. But this year the level of stocks of seeds of grain crops on March 1 is the lowest for the last 5 years.

Grain reserves at the beginning of the new year are recorded at the rate of 14,465,559 tonnes and reduced over the month by 1,328,793 tonnes or 8.4%. As of February 1 of this year, 11,867,608 tonnes of grain were recorded in Kazakhstan, and reserves fell by 2,597,951 tonnes or 18%. By March 1, grain stocks amounted to 10,277,759 tonnes and decreased in February by 1,589,849 tonnes or by 13.4%.

The seeds in the grain balance as of March 1, 2019 amounted to 1,599,381 tonnes. Their number decreased in January by 34,998 tonnes or by 2.2% from the beginning of the current year. In February, seeds increased by 26,944 tonnes or 1.7%. However, this year the seed is less than last year by 72.5 thousand tonnes, against 1,671,887 tonnes in 2018.

Kazakhstan continues to implement a program to diversify grain areas, primarily for wheat. Perhaps, taking into account their next reduction, the volume of seeds for the upcoming sowing season will be enough. But one cannot count on the fact that the yield of grain crops will grow steadily, and, due to this, the yields will remain at a stable level, despite the reduction in the area. You cannot disregard the climatic factors and changing market conditions. This was shown by January of this year, when the regional market was significantly eased by Kazakhstan's barns, and prices soared significantly.

Kazakhstan wheat and barley remain in demand on the world market, but it is needed to pay more attention and effort to improve the quality of the product, logistics and work with potential buyers.

By Sergey Bukatov for Kazakh Zerno.

Stocks of grain crops as of March 1, 2015-19

Year

Grain reserves as of March 1

Seed reserves as of March 1

2015

10908032

1612413

2016

10157069

1691312

2017

11735865

1771383

2018

12096356

1671887

2019

10277759

1599381

An important time for active preparation for the sowing campaign-2019 is coming in Kazakhstan. Farmers check and, if necessary, repair equipment, stock up fuel and lubricants, fertilisers and herbicides. A considerable part of the worries and financial costs are issues of seed procurement. Quality seeds remain one of the main pillars of good grain yield. But this year the level of stocks of seeds of grain crops on March 1 is the lowest for the last 5 years.

Grain reserves at the beginning of the new year are recorded at the rate of 14,465,559 tonnes and reduced over the month by 1,328,793 tonnes or 8.4%. As of February 1 of this year, 11,867,608 tonnes of grain were recorded in Kazakhstan, and reserves fell by 2,597,951 tonnes or 18%. By March 1, grain stocks amounted to 10,277,759 tonnes and decreased in February by 1,589,849 tonnes or by 13.4%.

The seeds in the grain balance as of March 1, 2019 amounted to 1,599,381 tonnes. Their number decreased in January by 34,998 tonnes or by 2.2% from the beginning of the current year. In February, seeds increased by 26,944 tonnes or 1.7%. However, this year the seed is less than last year by 72.5 thousand tonnes, against 1,671,887 tonnes in 2018.

Kazakhstan continues to implement a program to diversify grain areas, primarily for wheat. Perhaps, taking into account their next reduction, the volume of seeds for the upcoming sowing season will be enough. But one cannot count on the fact that the yield of grain crops will grow steadily, and, due to this, the yields will remain at a stable level, despite the reduction in the area. You cannot disregard the climatic factors and changing market conditions. This was shown by January of this year, when the regional market was significantly eased by Kazakhstan's barns, and prices soared significantly.

Kazakhstan wheat and barley remain in demand on the world market, but it is needed to pay more attention and effort to improve the quality of the product, logistics and work with potential buyers.

By Sergey Bukatov for Kazakh Zerno.

Stocks of grain crops as of March 1, 2015-19

Year

Grain reserves as of March 1

Seed reserves as of March 1

2015

10908032

1612413

2016

10157069

1691312

2017

11735865

1771383

2018

12096356

1671887

2019

10277759

1599381

20.03.2019

It is not possible to refuse to subsidise investments in imported equipment in Kazakhstan

Currently, an integrated development plan for the engineering industry of Kazakhstan for 2019-2030 is being developed. This is reported in the response of the Prime Minister of Kazakhstan Askar Mamin to the request of a group of deputies from the Ak Zhol party.

"The comprehensive plan includes the development of various...

Currently, an integrated development plan for the engineering industry of Kazakhstan for 2019-2030 is being developed. This is reported in the response of the Prime Minister of Kazakhstan Askar Mamin to the request of a group of deputies from the Ak Zhol party.

"The comprehensive plan includes the development of various...

20.03.2019

Wheat benchmark holds position on investor support as maize retreats

Chicago wheat futures edged higher on Tuesday as short-covering by investors supported the market, although lacklustre demand for U.S. supplies kept a lid on the market.

Corn and soybeans eased for a second consecutive session.

The most-active wheat contract on the Chicago Board Of Trade was up 0.2 percent at $4.57-1/2 a...

Chicago wheat futures edged higher on Tuesday as short-covering by investors supported the market, although lacklustre demand for U.S. supplies kept a lid on the market.

Corn and soybeans eased for a second consecutive session.

The most-active wheat contract on the Chicago Board Of Trade was up 0.2 percent at $4.57-1/2 a...

19.03.2019

Wheat, sugar sales reported at ETS during March 8-15

During the last week, from March 8 to March 15, in the section of agricultural products of ETS in the mode of classical trade and double anonymous auction there were orders for the sale and purchase of wheat of 3, 4 classes, barley of 2 class, sunflower and sugar. In...

During the last week, from March 8 to March 15, in the section of agricultural products of ETS in the mode of classical trade and double anonymous auction there were orders for the sale and purchase of wheat of 3, 4 classes, barley of 2 class, sunflower and sugar. In...

19.03.2019

Wheat, maize benchmarks at crossroads on weather, trade

Chicago wheat futures turned lower on Monday as last week's short-covering rally faltered in the face of ample supplies, while corn was little changed as investors assessed shifting weather forecasts for spring planting. Soybeans were also nearly flat as the oilseed market awaited a clearer picture of U.S. planting prospects...

Chicago wheat futures turned lower on Monday as last week's short-covering rally faltered in the face of ample supplies, while corn was little changed as investors assessed shifting weather forecasts for spring planting. Soybeans were also nearly flat as the oilseed market awaited a clearer picture of U.S. planting prospects...


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