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Kazakh Zerno - News and analysis of cereals

Kazakh Zerno - News and analysis of cereals
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grain Price indexes
Price indexes
Grain Statistics
Statistics
Grain Elevators
Elevators
Export prices of cereals and flour in dollars per ton, including VAT 0% (Franco-border) on 29.03.2017

Station name

wheat 3 class, gluten

wheat 4 class

wheat 5 class

barley

terms of supply

23-24%

27-30%

-

2 class

Sale

Sale

Sale

Sale

Sale

Petropavlovsk (South-Ural Railway)

174-185

181-187

161-166

-

159-164

DAP

Sary-agash

199-206

207-212

186-191

-

184-190

DAP

Lugovaya

204-216

217-223

195-198

-

190-196

DAP

Tobol

190-202

198-203

177-183

-

175-181

DAP

port of Aktau

211-224

218-223

196-202

-

195-200

FOB

Bekabad

229-242

237-243

216-222

-

-

СРТ

Hajraton

239-251

247-252

226-231

-

224-229

СРТ

Kudukli

204-217

211-218

191-196

-

-

СРТ

Sarahs

251-258

260-266

238-243

213-218

-

 

Grain market of Kazakhstan remains in captivity of unfavorable circumstances

Prices for cereals are falling, exports are falling, domestic market for grain consumption is limited and does not grow. So you can briefly describe the state of the grain market in February-March this year. The first is the currency factor; tenge strengthens and keeps prices in check. The second are external circumstances. The largest consumer of Kazakh barley - Iran, does not buy barley and wheat of 3 class, as the country is subsidizing the production of local grain. The third is the falling global grain market. And the fourth are the highest in five years grain reserves, which put pressure on the market. All this does not allow us to look at the outlook for the market too optimistically, although the situation may change for the better, writes the analyst of the IA “Kazakh-Zerno”.

 
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Surveys
Ministry of Agriculture offers to buy wheat of 3 class for state resources at a price higher than in the market, at 40 thousand tenge per ton. Who benefits it and how the market will react to this decision of agricultural department?
 


 

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