Market Report, "Kazakhstan Agribusiness Report Q1 2013", Published
Drought has taken a greater-than-expected toll on the 2012/13 Kazakh wheat harvest, and we forecast production to slump to 11.0mn tonnes, with only 7mn tonnes projected to be exported and domestic consumers feeling the squeeze as flour prices soar. The livestock sector is expected to escape the worst of the effects, as the local corn harvest has held up well and the government has set aside feed grains to aid farmers, although dairy yields are expected to suffer from the...
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