Kazakhstan to extend own grain sales market

Kazakhstan will extend the geography of own grain exports due to enforcing of the grain export ban in Russia, announced Asylzhan Mamytbekov, the Chairman of the Board of Directors of the "National holding "KazAgro" JSC, on August 27.

According to him, the Caucasian countries will become the potential partners of Kazakhstan in the sphere of grain trading, first of all. The volume that the countries previously planned to purchase in Russia, they can purchase on Kazakh market, noted A.Mamytbekov.

According to him, the country will probably increase the export volumes on the traditional markets.

The Head of the holding noted that despite the fact that the Russian Federation stopped grain supplying on own traditional markets, that does not mean that Kazakhstan should take place of Russia.

Last year in Kazakhstan grain production totaled 22.7 mln tonnes in bunker weight, or 20 mln tonnes in clean wight. According to the forecast, in 2010 grain production will total 16 mln tonnes in bunker weight, 14 mln tonnes in clean weight.

Previously, it was announced that grain export volumes from Kazakhstan will total 8 mln tonnes, including 4 mln tonnes to the countries of the Middle Asia and Afghanistan, and also 2 mln tonnes to the countries of the South Caucasus, Russia, Iran and other countries.

Source: Agrimarket.info