26.11.2024, 17:25
📊 Dynamics of Prices for Grain and Oilseeds: Expert Recommendations
Experts recommend selling 3rd class wheat and oilseeds (flax, rapeseed) as their prices are close to the predicted maximum
🔹 Importers are switching to 4th and 5th class wheat, with prices reaching $160 and $150–152 per ton, respectively.
🔹 Experts recommend selling 3rd class wheat and oilseeds (flax, rapeseed) as their prices are close to the predicted maximum.
🔹 It is advised to suspend sales of high-protein durum wheat, awaiting more favorable price conditions.
In collaboration with the Ministry of Agriculture of the Republic of Kazakhstan, the research bureau "Grain and Oilseeds. Kazakhstan" has prepared recommendations on the current situation in the grain and oilseed market.
The grain and oilseed market in Kazakhstan is experiencing significant changes. According to data from the research bureau "Grain and Oilseeds. Kazakhstan," prices for 3rd class wheat with 23% gluten content have increased, while the cost of varieties with 25% and 28% gluten has slightly decreased. Traders note that importers are now more interested in 4th and 5th class wheat, the cost of which reaches $160 and $150–152 per ton, respectively.
Interest in 3rd class wheat with standard characteristics has decreased. However, importers from Uzbekistan show increased interest in high-protein wheat, willing to pay $240–245 per ton.
Recommendations for Grain Producers:
3rd Class Wheat with 28% and Above Gluten Content: Despite a price decrease of 4 KZT/kg to 106 KZT/kg, selling is recommended, as significant growth is not expected in the near future.
3rd Class Wheat with up to 25% Gluten: The price decreased by 4 KZT/kg to 74 KZT/kg, selling is recommended, considering the decreased demand from importers.
3rd Class Wheat with up to 23% Gluten: The price increased by 2 KZT/kg to 63 KZT/kg, selling is recommended while prices are at an acceptable level.
4th Class Wheat: The price stabilized at 57 KZT/kg, it is recommended to sell as necessary.
Durum Wheat with Protein Content of 15% and Above: With a current price of 102 KZT/kg, it is recommended to suspend sales in anticipation of more favorable conditions.
In the oilseed segment, there is a decrease in sunflower seed prices, while flax and rapeseed are showing growth. Traders report flax sales to China at $510 per ton on DAP Alashankou terms, with European buyers willing to pay up to $650 per ton. The price for rapeseed offered by exporters has equaled the prices of domestic processors.
Recommendations for Oilseed Producers:
Flax: The price increased by 10 KZT/kg to 198 KZT/kg, selling is recommended as the price is close to the possible maximum of 200 KZT/kg.
Rapeseed: The price increased by 7 KZT/kg to 209 KZT/kg, selling is recommended, considering the limited potential for further growth.
Sunflower Seeds: The price decreased by 2 KZT/kg to 165 KZT/kg, it is recommended to sell as necessary.
Safflower and Peas: Prices remain stable, selling is recommended as necessary.
Analysts advise farmers to closely monitor market dynamics and make decisions based on current trends. For crops whose prices have reached or are close to the predicted maximum, active selling is recommended. For those whose prices may increase or remain stable, it is advised to sell as necessary or suspend sales in anticipation of more favorable conditions.
Price forecasts are indicative and may be adjusted depending on market developments. In a dynamic environment, it is important to make balanced decisions, relying on professional analytics and expert recommendations.

