Trade and markets
 

Detail

Area
Kazakhstan
Commodity Group
Grains
Commodity
Wheat
Date
01/11/2016
Policy Category
Consumption and marketing
Policy Instrument
Government market intervention
Description
Approved a buy-back right for farmers selling their wheat to the national body of the Food Contract Corporation (FCC) in case of an increase in market price. Through this measure, farmers have an option to buy-back their wheat from the FCC, if a price increase occurred during the first quarter of 2017. Requests can be submitted until 15 February 2018.