Kazakhstan. New oilseed 2017/18 season seems to be promising

06.03.2018

Last year Kazakhstan announced the start of the implementation of the State Agriculture Development Program for 2017-2021. Its key targets include developing overall crop production, in particular oilseed cultivation as the most promising segment for the country.

UkrAgroConsult has already touched upon short- and long-term forecasts set out in the Program. As a reminder, the primary goal lies in expanding the oilseed acreage to 3 Ml ha by 2021, with all that it entails: gains in crop growing and processing, meeting domestic needs, a greater presence in the world markets of oilseeds and their products etc.

It is up to the Kazakh government and relevant ministry to assess the effectiveness of the Program’s implementation and the target achievement in the first year. We prefer turning to the dry language of figures, which say it all.

So, according to official information of Kazakhstan’s Ag Ministry, oilseed plantings in 2017 were increased almost 22% to 2479 Th ha against 2036 Th ha a year earlier, and the average yield was up 1% on the year at 0.97 MT/ha. With these two factors combined, Kazakhstan harvested an unprecedented 2359 KMT of oilseeds (up 24% on the year) – their production exceeded 2 MMT for the first time ever.

As for 2018/19 season, the areas of all oilseeds will continue expanding, with the greatest acreage gains predicted in the traditional Kazakh leaders: sunflower, flax, safflower, rape and soya. The expected expansion of plantings, even in case of an average or nearly average level of yields, will allow farmers to harvest a new record crop, UkrAgroConsult expects.

Full version of the article is available to subscribers for weekly market report “Black Sea Vegoils” and “Online market review” by UkrAgroConsult.

 

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