Grain stocks of Kazakhstan increased by more than 1 million in comparison with the last year
As of November 1, grain reserves in Kazakhstan were still higher than last year, although the difference was less in comparison with October. However, this is more due to the peculiarities of the arrival of new grain in the past year and this. It should be recalled that as of October 1, 2017 Kazakhstan’s grain reserves were by 3.4 million tons higher than in the same period in 2016.
According to the statistics of the Republic of Kazakhstan, as of September 1, grain reserves amounted to slightly more than 6.5 million tons, and as of October 1 – 18 million tons. Then, as a result of grain consumption, export, new grain arrival and various losses, the grain reserves increased to 18 million tons or by 2.75 times during one month. As of November 1, grain reserves also increased, but the increase was only 11%.
In October last year, there was a larger increase in grain stocks. However, as of November 1, grain reserves still exceed last year’s by 1.17 million tons.
Increase in grain reserves of Kazakhstan by more than 1 million tons
The grain reserves of Kazakhstan have increased significantly this year by more than 1 million tons compared to the previous period. This growth is important for the country’s agricultural industry and has an impact on regional and global grain markets.
The increase in grain stocks is due to several factors, including an increase in acreage, higher yields and improved weather conditions. This allowed Kazakhstan to increase its production and provide additional stocks for domestic consumption and export.
The growth of Kazakhstan’s grain reserves has a positive impact on the country’s economy, helping to strengthen the agricultural sector, create jobs and increase export opportunities. In addition, it also has a positive effect on the stability of grain prices and food security.
The increase in Kazakhstan’s grain reserves testifies to its potential and growing role in the global agricultural market. The country continues to actively develop its agriculture, introduce modern technologies and improve productivity, which contributes to the sustainable growth and prosperity of the industry.