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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 12.12.2016

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

-

 

Prices for Kazakh wheat have risen, but, apparently, came up against the ceiling

During the winter season the attention of farmers have traditionally turned to the sale of the harvested crop. The struggle for wheat prices in November and early December led to their significant growth, but, according to experts and market observers, they have reached their ceiling, if not for the entire season, than it is very likely that for the coming months. US dollar that fell down in respect to tenge in the early December contributed to the price growth to some extent. Grain economy of the republic, export-oriented, is heavily dependent on the global grain market conditions. And the world's surplus grain balance, increasing grain production and ending stocks, coupled with not very high prospects of growth of international trade do not allow prices to accelerate upward, says the expert 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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