Jul 1, 2021

Russian wheat to offset crop decline in Kazakhstan - Malov




Kazakhstan will maintain its wheat export potential regardless the crop size, as it can import necessary volumes of grain from Russia, declared the General director of VKZ-Agro LLP, Alexander Malov on June 1 within a conference CROP 2021. NEW CROP — NEW CHALLENGES.

“We expect wheat production to decline to 12.5 mln tonnes in Kazakhstan in 2021/22 MY (13.7 mln tonnes in 2020/21 MY). At the same time, the export of wheat will remain at 7 mln tonnes”, - he said.

The expert said that Kazakhstan imported Russian grain, but only the volumes that were demanded on the market of Central Asia.

“At any time Kazakhstan can correct the volume of import of Russian wheat to offset the decline of own production. Therefore, we will maintain the export potential unchanged”, - A.Malov explained.