📊 Analysis of the Current State of the Grain and Oilseed Market in Kazakhstan

🔹 In the northern regions of Kazakhstan, there has been a decrease in prices for 4th and 5th grade wheat, while 3rd grade wheat remains in short supply.

🔹 A slight increase in the price of sunflower seeds and soybeans is associated with rising demand for oilseeds in Russia, which is influencing Kazakhstan's internal market.

🔹 The lentil market is experiencing a drop in prices due to an oversupply, but high-quality green lentils may see a price increase up to 300,000 tenge per ton.

 

Experts from the research bureau "Grain and Oilseeds. Kazakhstan" have published new price recommendations for grain and oilseed crops. In the northern regions of the country, prices for 4th and 5th grade wheat have been reduced, marking an important trend for market participants.

 3rd grade wheat, which remains in high demand, shows stable prices. However, traders recommend temporarily halting trading of this crop in anticipation of more favorable conditions. Farmers are under significant pressure as traders push to lower prices, especially for lower-grade wheat. Large volumes of non-standard wheat and 5th-grade products continue to dominate the market, making it increasingly difficult to find 3rd-grade wheat. Additionally, farmers are offering high-moisture wheat for quick sale, as storing it at elevators is impractical.

 The situation with 4th-grade wheat remains unclear. If the gluten quality is satisfactory, this wheat can be classified closer to the 3rd grade; otherwise, it is considered 5th grade. Market participants also note the growing influence of freight forwarders who are beginning to act as traders. These new market players exert pressure by aggressively lowering prices, sometimes causing a drop of 30-50 USD per day, increasing uncertainty for farmers and traders.

 

Oilseed Market: Waiting and Minor Changes

 The oilseed market is largely in a wait-and-see mode. Most market participants are holding off on major trading activities. There has been a slight price increase for sunflower seeds and soybeans, driven by rising demand from Russian processors, who have raised purchase prices. This has impacted the market in Kazakhstan as well.

 On the other hand, the lentil market is experiencing a drop in prices due to oversupply. However, traders predict that high-quality green lentils may soon reach prices between 250,000 and 300,000 tenge per ton, which could boost demand for this crop.

 Experts emphasize that current prices include VAT and may vary significantly depending on the region, product quality, and delivery conditions. Depending on market conditions, traders recommend either pausing trade until better terms emerge or selling goods as needed due to technical or financial reasons.