China to increase quotas for wheat deliveries from Kazakhstan

21.06.2018

China is ready to increase its quotas for wheat imports from Kazakhstan to 500 KMT in 2019 and 1 MMT in 2020, the Kazakh Ag Ministry reports.

In addition, the Chinese party proposed to distribute the above quota, 95% of which is now accounted for by the state-owned COFCO, among other participants of China’s domestic grain market.

According to UkrAgroConsult, Kazakhstan boosted wheat exports to China by more than 47% in the first seven months of MY 2017/18 (September-March) against the same period in MY 2016/17 (213.3 KMT and 144.7 KMT, respectively).

As for Kazakh 2018 crop wheat prospects, winter wheat is mostly in good condition, locally fair, reports UkrAgroConsult. The south and south-east of Kazakhstan, where winter wheat is cultivated, enjoyed favorable conditions for grain formation and ripening on June 1-10, minor rainfalls somewhat replenished soil moisture supply. Moderately warm weather with showers was observed all over Kazakhstan during the first ten days of the month.  Precipitation rates were above normal in spots across the northern, western, central and eastern regions. These weather conditions favored growth and development of spring crops.

Spring wheat is mostly in excellent and good condition, but locally it is fair. Spring barley condition is rated excellent and good, locally fair.

According to the Agriculture Ministry of Kazakhstan, 14237 Th ha had been seeded by June 15, 2018 (100.8% of the forecast area of 14131 Th ha). 14385 Th ha was seeded by the same date in 2017.

Kazakhstan. Sowing progress, June 15, 2018

Crops

Planned area,

Th ha

Planted, Th ha

%

complete

Lag in sowing vs 2017 (%)

2018

2017

Spring grains

14131

14237

14385

100.8

-1

Corn

155

145

130

93.8

+12

Rice

96

101

102

105.6

-1

More information on crop conditions and progress in planting in the countries of Black Sea Region is available to subscribers for weekly market report "Black Sea Grain" by UkrAgroConsult.

 

 

UkrAgroConsult

 

 

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