19.05.2026, 23:46

The Volume of Forward Financing for Agricultural Producers Increased by 11.6 Billion Tenge

Farmers are increasing supplies of sunflower, rapeseed, and flax under the support program

NC “Food Contract Corporation” JSC increased the volume of forward financing for farmers to 29.5 billion tenge. Compared to 2025, the amount of support increased by 11.6 billion tenge. The national grain operator began accepting applications for financing spring fieldwork in December of last year so that agricultural producers could prepare in advance for the sowing campaign.

As of May 15, 2026, the Food Contract Corporation signed contracts for the autumn delivery of 478 thousand tons of grain and oilseed crops. The main share of supplies traditionally accounts for wheat — 334.3 thousand tons.

Agricultural enterprises also plan to deliver 95 thousand tons of oilseed crops to the Food Contract Corporation, including sunflower, rapeseed, and flax seeds. This figure is 2.5 times higher than the supply volumes of the previous agricultural season.

According to Asylkhan Dzhuvashev, Chairman of the Board of NC “Food Contract Corporation” JSC, farmers’ interest in cultivating oilseed crops continues to grow for several reasons. He noted that oilseed crops have a higher market value compared to wheat and are in demand both among domestic processing enterprises and in foreign markets. Additional demand is also being created by the launch of new processing capacities within the country.

He also emphasized that the development of oilseed production is supported by state measures aimed at diversifying crop areas and reducing dependence on monoculture farming. In particular, the Food Contract Corporation expanded forward financing limits for oilseed producers. As a result, farmers submitted twice as many applications for the supply of sunflower and other oilseed crops in the new agricultural season.

According to Asylkhan Dzhuvashev, agricultural producers are currently gradually shifting from wheat cultivation to more market-oriented crops, which corresponds to the priorities of state agricultural policy.

Forward financing remains one of the most demanded support instruments for small and medium-sized farms. The program allows farmers to timely attract working capital for fieldwork, machinery repairs, and the purchase of necessary resources, while also guaranteeing sales of the future harvest.

 

Read also

Russia to Introduce a Surcharge Coefficient on Rail Freight Tariffs to Latvia, Estonia and Finland The Association of Carriers explained the details of the new Russian Railways tariffs The Volume of Forward Financing for Agricultural Producers Increased by 11.6 Billion Tenge Farmers are increasing supplies of sunflower, rapeseed, and flax under the support program Kazakhstan Discusses the Introduction of Export Duties on Grain and Oilseed Crops Businesses and industry associations opposed the increase in the tax burden Kazakhstan Could Save Up to $16 Million Annually on Flour and Grain Exports The Union proposes creating a modern transshipment logistics complex at Bolashak station A new oil extraction plant worth 2 billion tenge has started operations in Pavlodar Region The enterprise in Pavlodar district will produce unrefined sunflower oil and products of deep oilseed processing Agricultural products became a driver of Kazakhstan’s export growth to OTS countries The growth in trade turnover was driven by supplies of value-added products, development of cooperation, and expansion of export chains among member states Kazakhstan launches artificial rain project in Turkestan Region The project is being implemented jointly with UAE specialists and aims to reduce drought impacts on agricultural areas in southern Kazakhstan Kazakhstan and Turkey Intend to Expand Cooperation in Agricultural Trade Mutual trade in agricultural products between the two countries increased by more than 25%