Forecast for Kazakh grain exports reduced
The Ag Ministry of Kazakhstan has reduced its forecast for 2019/20 grain and flour exports to 7 MMT. The previous forecast was at 8 to 9 MMT, reports UkrAgroConsult.
The following reasons for the forecast decrease were mentioned:
– the grain crop turned out to be below its projected size due to weather conditions;
– a large grain crop in the neighboring countries which are major grain exporters.
More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics "Black Sea Grain" in the new innovative tool for agri market participants – AgriSupp.com by UkrAgroConsult. We offer 2-week trial! Completely free!
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