North Kazakhstan: Traders do not need such harvest

Новость на Казах-зерно:

Many grain traders, in order not to be left holding the bag after, now are forced to stop purchase of grain. “Maybe in the spring we will resume, but it will depend on the price”, said they.

North Kazakhstan farmers offer a ton of their grain for not less than 48 thousand (including VAT), assure traders. “Our customers are not satisfied with the prices tending upward. And farmers are waiting for 50. And this agiotage leaves us without customers”, said traders.

Due to an increase in wheat prices the cost of flour also rises. Local processors another 2 weeks ago were ready to sell a ton of flour of extra-class for 70 thousand, first-rate – for the 63 thousand. Today, the cost has risen to 72, and 66 thousand tenge, wrote the IA “Kazakh-Zerno”.

“If it does come to 50 thousand, and the need in the flour will remain, then we will take for 50”, said millers.

We remind, the local growers managed to harvest 4 million 951 thousand tons of grain last year.

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