29.04.2026, 00:58

Kostanay region has utilized 15 billion tenge in forward procurement, and funding continues

The program demonstrates strong interest from agricultural producers

A total of 15 billion tenge was allocated to implement the forward procurement mechanism for agricultural products in Kostanay region. This amount has already been fully utilized, but support for farmers continues through additional financial resources, according to the regional Department of Agriculture.

As of the beginning of this week, 134 applications totaling 18 billion tenge were received from agricultural producers. Of these, 130 applications totaling 17.9 billion tenge were approved. Funding has been allocated for 104 applications totaling 15.1 billion tenge, covering 67 farms.

Under the signed contracts, agricultural producers will supply 205,500 tons of agricultural products to the Food Corporation after the harvest season, the department clarified.

Read also

Kostanay region has utilized 15 billion tenge in forward procurement, and funding continues The program demonstrates strong interest from agricultural producers New capacities for pasta production and grain processing to appear in northern Kazakhstan The projects are aimed at developing deep processing and reducing dependence on imports Moderate drought expected in some regions of Kazakhstan in May According to forecasters, moisture levels across most of the country will remain near normal, but some areas are expected to experience a precipitation deficit Wheat prices are rising: Kazakhstan’s market responds to tax and currency changes Price growth is driven by restrained sales by farmers, changes in tax policy, and currency fluctuations affecting export activity International analysts expect growth in global grain production and stocks The upward revision is driven by increased corn production in Argentina, while the consumption outlook has been adjusted downward Kazakhstan introduces restrictions on the movement of livestock between regions The restrictions were introduced as part of measures to ensure veterinary safety Senate proposes to simplify access to financing for agribusiness in cities It is proposed to ease land requirements and introduce alternative mechanisms for participation in support programs A new deep grain processing plant to be built in the Akmola region The construction of the plant will create new jobs and support infrastructure development