When we have oversupply of grain, we don’t know where to sell it: President Nazarbayev.
A field with grain crops caught fire in Bannovka village of Kostanai oblast.
Wheat will be mainly purchased from small and medium-sized producers who have no access to international markets: Chairman.
Sky-high grain harvest estimate stood at about 22 million tons as of the end of July, according to Kazakhstan’s Research Institute for Environmental and Climate Studies.
500 thousand tons of grain will be transported from grain yielding northern parts to the west and south of the country.
According to Agriculture Minister, the government plans to subsidize grain supplies towards Black and Baltic sea ports “to balance the market”.
With favorable weather conditions in August and September the grain harvest can exceed the expectations, breaking the 2009 record: Kazakhstan’s Research Institute for Environmental and Climate Studies.
According to regional governors, gross grain harvest is expected at 18.9 million tons: Agriculture Minister.
We believe subsidies to wheat growing are not effective: KazAgro National Company Vice Chairman of the Board Kairat Aituganov.
According to President Nazarbayev, a total of $1.2 billion was earmarked out of the state budget to support the agriculture sector this year.
Considered measures included guaranteed purchase of grain and making agricultural equipment leasing cheaper for end costumers.
The only problem for Kazakhstan is that Russia and Ukraine are expecting bumper crop this year: Agriculture Ministry official.
At the moment 96-98% of all the lands under grain crops are either in good or satisfactory condition, according to the Ministry’s officials.
Kazakhstan exported 5.9 million tons of grain in the 2010-2011 marketing year.
According to the Agriculture Ministry, the grain was traditionally exported to Uzbekistan, Tajikistan, Afghanistan, Azerbaijan and Kyrgyzstan.
The JV with a capital of $90 million will be established on a parity basis. The railway car fleet will make up 10 000 railway cars.
According to the Government’s web-site, grain harvest in 2010 totaled 12.2 million tons (net weight).
When the railway link Uzen – Turkmenistan border is completed, Kazakhstan will get an access to the Persian Gulf. This will cut down the transportation route to Saudi Arabia: Minister of Transport and Communications Berik Kamaliyev.
Kazakhstan can export 5.5. million tons of grain in the 2010-2011 marketing year: Agriculture Ministry.
Thanks to its resources, the nation has a vast potential in boosting its agricultural produce. This could bring Kazakhstan’s contribution to global food security to a higher level: Dr Jacques Diouf.