Kazakhstan: Zhambyl grain traders are in anticipation of lower prices

Новость на Казах-зерно:

Grain market of Zhambyl region is frozen in anticipation of lower prices. Traders predict pr-sowing rush, when the farmers themselves will race searching for buyers.

Wheat of 3 class is now priced by farmers at 47-48 thousand tenge, writes the correspondent of the IA “Kazakh-Zerno”. Price reduction is only a matter of time. Having started to prepare for the planting season, farmers will massively donate their “gold”, but for quite different prices. Meanwhile, according to traders, farmers are waiting.

According to agricultural businessmaen, the difference between the cost of grain at FH and LLC should average 12%. Now that percentage in the region barely approaches 5, explained in the LLC «Kaz Com-K».

“The situation is repeated from year to year and it is clear that the stability, about which farmers constantly repeat themselves, no one needs”, explain grain traders.

Meanwhile, not wanting to buy the “golden” grain from which they get expensive meal, processors work for government programs.

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