📊 Recommendations for Grain and Oilseeds: Key Changes and Forecasts

🔹 High-quality wheat (28% gluten content and above) – demand remains stable, but it is recommended to temporarily suspend trading.

🔹 Barley – active sales, current price at 50 KZT/kg, analysts suggest selling, as no price increase is expected in the near future.

🔹 Peas – significant price increase (+26 KZT/kg), but trading is advised to be paused, further price growth is expected.

 

The Research Bureau "Grains and Oilseeds. Kazakhstan," in cooperation with the Ministry of Agriculture of the Republic of Kazakhstan, presented new recommendations for trading grain and oilseed crops. The main focus is on slight price adjustments that occurred over the past week. Trading remains sluggish as the primary importers are sufficiently supplied, though there is still steady demand for high-quality wheat. Barley continues to be popular among buyers.

 Grain Prices

 Despite the low market activity, prices for some grains have changed. For example, third-grade wheat with a gluten content of 28% and above remains at 109 KZT/kg, but trading of this crop is recommended to be temporarily suspended. Lower-quality products, such as third-grade wheat with up to 23% gluten content, decreased by 2 KZT, making the current price 78 KZT/kg. Here too, it is recommended to refrain from sales until better market conditions arise.

 

At the same time, second-grade barley remains stable at 50 KZT/kg, and analysts recommend selling as no improvements are expected in the short term.

Oilseeds: Expectations and Prospects

In the oilseeds market, new harvest prices are being actively formed. Flax continues to hold leading positions, reaching 195-200 KZT/kg in some regions. Sunflower prices are still forming, but the current level is set at 165 KZT/kg, down by 15 KZT from last week.

It is worth noting that peas have shown a significant price increase of 26 KZT/kg, reaching 103 KZT/kg. Despite this, analysts advise pausing trading, expecting further price growth.

What Does This Mean for Farmers?

The situation in the grain and oilseed markets remains complex, with low buyer activity. Farmers are advised to be cautious and avoid mass sales, especially of those crops where prices are expected to rise further. There is stable demand for products with high-quality characteristics, which can help sell them at a better price. For those in need of finances or looking to free up storage, targeted sales should be considered.