Kazakhstan’s agriculture minister gave an answer to why Kazakh wheat is more expensive than Russian
Aidarbek Saparov said that an additional 400 billion tenge had been allocated for spring field harvesting.
Agriculture Minister Aidarbek Saparov explained why Russian wheat is cheaper on the market than Kazakh wheat at a briefing in the Majilis.
Kazakhstan retains its traditional markets, but it is difficult to compete, he said. That’s why additional money has been allocated for field work.
“Russian wheat is going cheaper compared to our wheat. Because our production costs are high and yields are low. Therefore, on the instructions of the head of state, we have allocated an additional 400 billion tenge for spring field harvesting work. 180 billion tenge was allocated annually, i.e. a total of 580 billion tenge. What do we allocate for? For them to observe the full range of agro-technologies”, – answered Saparov.
Read also
Palm oil prices rise 3.5% amid stronger soybean oil market and growing stocks
World’s largest cocoa producer forecasts 21–25% decline in harvest
Argentina increases wheat exports as Brazil faces a smaller harvest
China raises soybean import estimate to 111.6 mln tons but expects lower purchases...
Ust-Luga overnight incident: Could Baltic grain exports face delays?
Write to us
Our manager will contact you soon