Trade and markets
 

Detail

Area
Kazakhstan
Commodity Group
Grains
Commodity
Wheat
Date
01/09/2017
Policy Category
Consumption and marketing
Policy Instrument
Government procurement
Description
Announced new procurement prices for 2017. Purchasing prices for wheat fall under selected ranges, according to quality. The price for wheat 3rd grade ranges from KZT 42 000 (USD 124) to KZT 54 000 (USD160) per tonne, against KZT 41 000 (USD 121) to KZT 50 000 (USD 148) in 2016. Prices for wheat 4th grade vary from 37 000 (USD 109) to KZT 39 000 (USD 115) per tonne, while in 2016 it was purchased at KZT 34 000 (USD 100) to KZT 36 000 (USD 106) per tonne. The procurement price for barley was set at KZT 40 000 (USD 118) per tonne for volumes up to 1 000 tonnes and KZT 41 000 (USD 121) per tonne for volumes over 1 000 tonnes, after remaining unchanged in the past two years at KZT 25 000 (USD 74) per tonne. All prices are inclusive of VAT.