January 20, 2012
Kazakhstan's state grain trader buys 4.6 million tonnes cereals
As of January 11, the state grain trader of Kazakhstan purchased 4.6 million tonnes of cereals from the 2011 crop for state stockpiles.
Total purchases from the harvest will be five million tonnes, at KZT25,000 (US$168.50) a tonne, JSC National Co. Food Contract Corp., the state grain trader said.
Kazakhstan's grain harvest was 26.9 million tonnes last year, Alihan Smailov, the head of the State Statistics Agency, said on January 13.
