News Column

Kazakhstan can export up to 8mln tons of grain this season

August 20, 2014

Kazakhstan, Central Asia's largest producer of rain, can export between 6 million and 8 million tonnes in the 2014/15 marketing year despite forecasts of a smaller grain harvest, a senior Agriculture Ministry official said on Wednesday.

"We see our export potential at between 6 million and 8 million tonnes," Saktash Khasenov, the ministry's chief inspector, told reporters during a visit to the Akmola region, part of Kazakhstan's northern "grain belt".

"We have a carryover of around 2.8 million tonnes of grain, and we have already threshed 1.2 million tonnes of a new harvest. So there is grain in the country," he said, Reuters reports.

Kazakhstan's grain exports rose to 8.709 million tonnes in the 2013/14 marketing year from 7.023 million tonnes in the previous season.

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: AKIpress News Agency (Kyrgyz Republic)

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters