UkrAgroConsult has raised its forecast for 2018/19 wheat exports from Kazakhstan by 0.9 MMT. Wheat exports from the country have begun slowing down, but they are still even higher than last year, report UkrAgroConsult’s analysts.
Kazakhstan shipped abroad some 3.7 MMT of wheat in September-March 2018/19 (up 13% year-on-year).
Spring planting in the country is gaining momentum. Planting of spring grains is already half complete, its progress is 43% ahead of last year. At the same time, according to the Ag Ministry of Kazakhstan, wheat acreage will decrease by another 1.8% in 2019, to 11.2 Ml ha.
The weather conditions are favorable for emergence of grain crops.
UkrAgroConsult forecasts the 2019 wheat crop in Kazakhstan at a slightly lower level compared to a year ago.