15.04.2025, 13:24
Kazakhstan Records a Decline in Total Oilseed Stocks
Total oilseed stocks declined to 1.62 million tons — down 12% year-on-year
According to official data from the Bureau of National Statistics under the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan, as of April 1, 2025, the country recorded a reduction in oilseed stocks compared to the same period last year. The total volume of oilseeds amounted to 1.62 million tons, which is almost 12% less than in April 2024, when stocks exceeded 1.84 million tons.
The overall decline was driven by reductions in the reserves of most key crops, with the exception of sunflower, which saw an increase. Sunflower seed stocks reached 933 thousand tons, which is 17% higher than last year's figure of 795 thousand tons.
For other crops, stock volumes decreased. Flaxseed reserves dropped to 436 thousand tons, down from 570 thousand tons a year earlier. Rapeseed stocks fell to 136 thousand tons (compared to 202 thousand tons in 2024). The most significant drop was observed in safflower: only 51 thousand tons remain in storage, whereas a year ago, the volume was 185 thousand tons. Soybean stocks also decreased — from 62 thousand tons to 44 thousand tons.
Analysts believe that under the current circumstances, agricultural producers should carefully monitor market dynamics and avoid rushing into large-scale sales, particularly for crops with limited supply. The reduction in stocks could influence price trends, creating opportunities for more profitable sales in the near future.
🔑 Key Takeaways:
🔹 Total oilseed stocks declined to 1.62 million tons — down 12% year-on-year.
🔹 Sunflower stocks increased by 17%, reaching 933 thousand tons.
🔹 Safflower, flax, soybean, and rapeseed stocks fell significantly, with some crops seeing reductions of nearly threefold.