Kazakhstan prefers oilseed crops

08.11.2016

Agrarians of Kazakhstan are gradually getting interested in cultivating oilseed crops due to their profitability, reports UkrAgroConsult. Currently, oilseed price is 2-3 times higher than price of wheat depending on the quality. Moreover, interest comes not only from the side of Kazakh farmers, but also from the foreign investors. The example is North-Kazakh region, where farms have been switching to oilseeds in the last several years. Among them – AbiZher ltd, where almost half of the sowing area is seeded with rapeseed.  Moreover, Italian company Il Trebbiollo purchased the land use rights for cultivation and further processing of rapeseed.

Also there is increasing number of farms, which allocate part of their area to growing linseed, one of the key oilseed crop in Kazakhstan.

According to UkrAgroConsult data, in 2016/17 oilseed sowing area equaled 2 mln ha in Kazakhstan. Early in November harvesting was carried out at 1.6 mln ha, which is over 45% higher than for the same date last year (1.1 mln).

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

 

UkrAgroConsult

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