International Agriculture News

KAZAKHSTAN. WHEAT EXPORTS HIT A SEVEN-YEAR HIGH

Kazakhstan exported 2.8 MMT of wheat in September-January 2018/19 that is 25% more than in the same period in MY 2017/18 and 43% above the five-year average. In addition, the exported volume was the largest for this time of year since MY 2011/12, report UkrAgroConsult’s analysts.

As before, the top importer of Kazakh wheat is Uzbekistan, which increased imports by 17% in September-January 2018/19, to 1.1 MMT against the same period a year earlier.

In the period under review, Turkmenistan imported 223.2 KMT of wheat, or 151% more than in the whole of MY 2017/18. In addition, Kazakh wheat shipments to Azerbaijan gained 138 in September-January 2018/19.

Strong demand for Kazakh wheat remains from Georgia. In addition, the period under review witnessed a rise in shipments to other major buyers of Kazakh wheat: Afghanistan, China and the EU.

At the same time, Turkey – a key destination market for Kazakh wheat in MY 2017/18 – reduced purchases by 49% this season.

More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea Grain” in the new innovative tool for agri market participants.

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