Grains and Oilseeds: What to Sell Now and What to Hold for Better Prices

 

 

The Ministry of Agriculture of the Republic of Kazakhstan has presented fresh data on the price situation for grain and oilseed crops. The picture is mixed: some positions should be held, while others are better sold right now.

The wheat market demonstrates stability, although the main demand is still concentrated on the fourth class. Soft wheat of the third class with high gluten content (from 28%) is trading at 122 tenge per kilogram including VAT at the elevator. Analysts recommend that farmers do not rush to sell—under favorable developments, the price could rise to 145 tenge.

More affordable categories also have growth potential. Fourth-class wheat currently costs 77 tenge, but the price could reach 92 tenge. The fifth class is valued at 70 tenge with a prospect of increasing to 84 tenge. Experts advise selling these positions as production or financial needs arise, without unnecessary haste.

Durum wheat with a protein content above 15% is trading at 103 tenge, and growth to 130 tenge is forecast here, with a minimum threshold of 90 tenge. Second-class barley is holding at the 75 tenge mark with the potential to rise to 90 tenge.

Interesting dynamics are observed in the oilseeds market. Sunflower gained 16 tenge over the week and reached 211 tenge per kilogram. With such sharp growth, specialists recommend pausing sales—a further rise to 260 tenge is possible.

Flax and rapeseed, on the contrary, have become cheaper. Flax lost 5 tenge and now costs 216 tenge; rapeseed dropped by 10 tenge to the same mark. However, analysts see prospects here as well: flax could grow to 310 tenge, and rapeseed to 250 tenge.

The situation with pulse crops requires attention. Yellow peas are trading at 100 tenge, and the recommendation here is unambiguous—sell. Experts do not see serious prospects for growth in the near future, although the theoretical maximum is estimated at 145 tenge.

Lentils deserve special mention. Traders are actively working with this crop for export: large green lentils are going to China at 480 dollars per ton, and red lentils to Turkey at 290 dollars. At the same time, domestic prices are 150 tenge for red and 200 tenge for green lentils. Despite export demand, analysts recommend holding back sales—red lentils could grow to 265 tenge, and green lentils to 450 tenge.

In the flax market, there is a gap between the expectations of buyers and sellers. Traders are ready to work at 210–220 thousand tenge per ton, but farmers are asking for 230–240 thousand. European prices for flax are holding at the level of 380 euros per ton, which gives Kazakhstani producers a certain margin for maneuver.

It is worth remembering that all quoted prices are relevant for ex-elevator delivery and may vary depending on the region, quality characteristics of the products, and transaction conditions. The decision to sell always remains with the farmer, but taking market trends into account is definitely worth it.