Kazakhstan began the season with brisk wheat exports

16.11.2016

In the first month of season 2016/17 (September 2016) Kazakhstan exported 355.16 KMT of wheat, or one-third more than at the same time last year (260 KMT was in September 2015), reports UkrAgroConsult.

The key destination markets for Kazakh wheat in this period included its traditional importers: Uzbekistan, Tajikistan, and Afghanistan, but with substantially increased shipments for this time of season.

Shipments to China also grew considerably in this period. Kazakh exporters supplied roughly 17.3 KMT to China in September 2016 against 2.3 KMT in September MY 2015/16. In addition, Kazakhstan continues shipping wheat to Turkey (7 KMT against 5.9 KMT at the same time last season).

As a reminder, due to expanding wheat production in the country, UkrAgroConsult forecasts export availabilities to increase 33-35% in 2016/17 year-on-year, up to 4.8 MMT.

Further prospects of the Black Sea grain market in the upcoming 2017/18 season will be discussed at the XIV International Conference “Black Sea Grain: Wind of Change”, which will take place on April 5-6, 2017 in InterContinental hotel, Kiev, Ukraine.

Black Sea Grain conference is large international platform, offering high quality market analysis and networking opportunities for the global leaders of grain and oilseed industry. The event is annually attended by over 800 agribusiness representatives from more than 400 companies and 50 countries worldwide.

 

UkrAgroConsult

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