November 21, 2011

Kazakhstan's wheat exports face competition

Kazakhstan is facing problems exporting its huge crop of wheat and other grains because of the other large crops in the region.

In its most recent update, the USDA raised its prediction for Kazakhstan's wheat production for 2011/12 by two million tonnes to a record 21 million tonnes, with the wheat yield exceeding the previous record of 1992/93 by 15% due to strong precipitation but modest temperatures.

A lack of snow at the beginning of November also allowed farmers to progress very well with the harvest. Wheat, predominantly spring varieties, constitutes about 85% of the country's grain production.