Kazakhstan oilseeds: the first steps towards implementing the agriculture development program

13.09.2017

In the coming years, Kazakhstan’s agriculture will go the way of expanding oilseed plantings and harvests. This is stipulated by the State Agriculture Development Program for 2017-2021. As a reminder, its final targets envisage increasing the nation’s acreage of oilseeds to 3 Ml ha and their production to 3.046 MMT, including due to raising their yield to 1.02 MT/ha. 

Certain effect was already achieved in the first year after the program’s launch. So, at the expense of cereal plantings, the Kazakh oilseed sown area was expanded to a record 2482 Th ha (up more than 17% from the previous year).

When forecasting the 2017/18 oilseed crop, UkrAgroConsult adheres to conservative estimates based on average yields, thereby marking minimum success of Kazakh farmers. If the optimistic scenario comes true, the oilseed sector will likely further strengthen its potential.

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

Further prospects of the oilseeds/vegoils market in the Black Sea region countries will be discussed at the V International Conference “Black Sea Oil Trade”, which will take place on September 19, 2017 in Hilton hotel, Kiev, Ukraine.

Annual International Conference “Black Sea Oil Trade” – is an effective platform, providing oilseed industry operators with vast networking opportunities, exclusive analytics of Ukrainian and Black Sea agri market, insights for development of the long term business strategies.

Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegetable oils, agriholdings, investment companies, banks, legal, shipping, brokerage, insurance, surveyor companies etc.

Market operators from 29 countries have already registered to take part. 

Follow the updates, Agenda and Speakers at the conference website.

 

UkrAgroConsult

 

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