Kazakhstan: Within a month grain reserves in Kazakhstan decreased by almost 2.3 million tons

Kazakhstan’s grain reserves were increasing during three months with varying intensity, but in November the amount of grain began to decrease, and as of December 1, during a month, the amount of grain decreased by approximately 2.3 million tons. Most of all, the quantity of food grain decreased, the stocks of feed grain decreased to a lesser extent, while the amount of grain for seeds continued to increase.

It should be recalled that the amount of grain in the bins of Kazakhstan increased significantly in August due to the arrival of new grain from all regions of the country. During August, grain reserves increased by 2.4 million tons, or by 57%. During September, the largest increase in reserves was achieved thanks to the harvesting of cereals throughout the region. The amount of grain increased by 11.43 million tons, or by 2.75 times. During October, it was possible to replenish the bins by 2 million tons or 11.1%.

As of December 1, in the bins of Kazakhstan there is a decrease in reserves by 2.3 million tons or by 11.5%.

In October, the amount of food grain decreased by 2.15 million tons and amounted to 13.6 million tons. The amount of forage grains decreased by 240.5 thousand tons and amounted to 2.5 million tons, while the amount of grain for seeds increased by 93 thousand tons and amounted to 1.6 million tons.

According to the latest data, grain stocks in Kazakhstan decreased by almost 2.3 million tons over the past month, which is more than 8% of the total. This is due to high exports, as well as the sale of grain in the domestic market. These indicators are a wake-up call for agriculture, which may face problems in the near future. In this regard, the government of Kazakhstan is already taking measures to stabilize the grain market, including limiting exports and supporting domestic demand. It is also important to note that a decline in grain stocks could affect prices for agricultural products and lead to higher inflation.