According to official information of the Statistics Committee of Kazakhstan, total production of grains and pulses in the country approximated 20.3 MMT in 2018, or 1.5% less than in 2017.
The 2018 grain crop decline was accounted for mostly by a 5.8% drop in wheat production, to 13.9 MMT. At the same time, as UkrAgroConsult predicted, a substantial rise is observed in the barley crop, by 20.2% to a record 4 MMT.
At the same time, despite a 6% decline in the 2018 wheat harvest, grain exports from the country hit new highs this season. The current level has been achieved at the expense of both record barley supplies and rising exports of wheat. However, a slowdown is observed in flour shipments to foreign markets.
Full version of the article is available to subscribers for weekly market report “Black Sea Grain” by UkrAgroConsult.
Analytical report "Black Sea Grain" contains 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.
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